Spiro, Africa's biggest electric mobility company, released its first sustainability report on Tuesday, pledging to reach net-zero Scope 1 and Scope 2 emissions by 2040. The move makes it among the continent's pioneer electric vehicle firms to release a full environmental, social and governance (ESG) baseline.
Africa's e-mobility sector is shifting. Investors and policymakers now demand more than just expansion numbers—they want proof of real environmental impact.
The report marks a turning point for the continent's EV industry, moving away from simple fleet growth figures toward measuring climate, economic and social outcomes. Global investors increasingly link financing to sustainability performance and clear emissions data.
Anant Badjatya, Spiro's group chief executive, said the report shows how far the company has progressed. "As we expand across Africa, sustainability will remain a core business driver, shaping how we invest, manufacture, innovate and partner for the long term," he told reporters.
Spiro completed its first full greenhouse gas inventory covering Scope 1, Scope 2 and Scope 3 emissions across operations and its value chain. The company also registered with the Science Based Targets initiative (SBTi) and aligned reporting with Global Reporting Initiative (GRI) standards.
Beyond its 2040 target, Spiro projects its expanding electric mobility platform could prevent roughly 700,000 tonnes of carbon dioxide emissions yearly by 2030. This assumes commercial riders shift from petrol motorcycles to electric models.
The report offers one of the clearest views yet of an African e-mobility firm's environmental footprint. Spiro recorded about 243 tonnes of Scope 1 emissions and roughly 16,652 tonnes of Scope 2 emissions in 2025, creating baseline data for future reduction targets.
Industry watchers say such transparency is crucial. Development finance institutions, climate funds and commercial investors increasingly demand measurable ESG performance before backing companies.
Gagan Gupta, Spiro's founder and Equitane chairman, noted the responsibility goes beyond scale. "Having grown up in India, I have witnessed firsthand the impact of vehicle emissions on public health and urban environments.
Our duty as founders is not only to scale innovation, but to ensure that the systems we build endure economically, socially and environmentally for generations to come," he added.
Spiro is pushing deeper into operational decarbonisation. The firm plans to install solar systems of 80-125 KVA capacity at selected battery-swapping stations to cut reliance on the electricity grid.
Smart energy management at assembly facilities has already cut energy use by between 15 and 25 percent, according to the company. Spiro also intends to expand battery reuse, second-life energy storage and recycling programmes.
