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Source: Uber

Uber Will Donate $10 Million To Sustainable Initiatives


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Last week, Uber announced plans to invest in sustainable mobility in a major way. The ride-share company pledged $10 million over the next three years to initiatives designed to minimize traffic congestion and promote public transportation — two goals that have often been at odds with Uber’s business model.

Uber CEO Dara Khosrowshahi explained the new fund in a blog post published to the company’s website. In it, he acknowledged Uber’s role in the transit problems that plague multiple cities. “As more people have come to rely on Uber, our technology has become an important part of the transportation fabric of cities,” he wrote. “With that comes a responsibility: we recognize we need to step up and support cities that take bold steps to solve their transportation problems.