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Spiro targets net zero by 2040, sets ESG benchmark for Africa’s electric mobility industry

Spiro, Africa’s largest electric mobility company, on Tuesday unveiled its first Sustainability Report, committing to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2040 and positioning itself among the first electric vehicle companies on the continent to publish a comprehensive environmental, social and governance (ESG) baseline.

Africa’s electric mobility industry is entering a new phase where investors and policymakers are demanding more than rapid expansion. Companies are now being judged on their ability to measure and reduce their environmental impact, and Spiro is attempting to set the pace.

Read also: Spiro bets on football to speed up Kenya’s electric vehicle adoption

The report marks a shift in Africa’s electric vehicle industry from reporting fleet growth to measuring climate, economic and social impact, as global investors increasingly tie financing to sustainability performance and transparent emissions reporting.

“This report reflects how far SPIRO has come—not only in terms of growth,

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