Amazon today becomes the first signatory of this pledge. I’ve been talking with other CEOs of global companies, and I’m finding a lot of interest in joining the pledge. The scope of The Climate Pledge Fund is global and will consider investments in companies developing products or services that reduce carbon emissions and help preserve the natural world.

If Amazon can set ambitious goals like this and make significant changes at their scale, we think many more companies should be able to do the same and will accept the challenge. Amazon today launched a new sustainability website to report on its commitments, initiatives, and performance. Amazon co-founds a commitment to meet the Paris Agreement 10 years early. The site includes information on Amazon’s carbon footprint and other sustainability metrics that share the progress the company is making towards reaching The Climate Pledge. Powering our operations with 100% renewable energy by 2025. How Amazon and Procter & Gamble collaborated to create better packaging.

“The science is clear: healthy forests, grasslands, and wetlands are some of the most effective tools we have to address climate change—but we must act now to take natural climate solutions to scale,” said Sally Jewell, interim CEO, The Nature Conservancy. As part of our commitment to The Climate Pledge, we are proud to join the Science Based Targets Initiative (SBTi), reaffirming our commitment to reduce carbon emissions in line with our ongoing science-based approach to tackle climate change. Two years ago, Amazon made a long-term commitment to power its global infrastructure with 100% renewable energy. Amazon's largest wind farm to date is adding more than 1 million megawatt hours of clean energy to the grid each year. Today, Amazon and Global Optimism announced The Climate Pledge, a commitment to meet the Paris Agreement 10 years early. Deploying our technology and people to reach net zero carbon across Amazon by 2040, one decade ahead of the Paris Agreement. The Climate Pledge calls on signatories to be net zero carbon across their businesses by 2040—a decade ahead of the Paris Accord’s goal of 2050. Companies that sign The Climate Pledge agree to: Signatories agree to measure and report greenhouse gas emissions on a regular basis.

Amazon has also installed more than 50 solar rooftops on fulfillment centers and sort centers around the globe that generate 98 MW of renewable capacity and deliver 130,000 MWh of clean energy annually. A commitment of this size is an exciting opportunity, with the potential to drive transformational change. Amazon announced it's on a path to run on 100% renewable energy by 2025, five years ahead of schedule.

To meet these goals, teams across Amazon are taking a broad, science-based approach to measuring, reducing, and eliminating carbon emissions in our operations. The Pledge calls on signatories to be net zero carbon across their businesses by 2040, a decade ahead of the Paris Agreement goal of 2050. We are excited to have others join.”. Amazon is committed to building a sustainable business for our customers and the planet. By joining The Climate Pledge and agreeing to decarbonize on a faster time horizon, signatories will play a critical role in stimulating investment in the development of low carbon products and services that will be required to help companies meet the pledge. The new goals, commitments, investments, and programs announced today build on Amazon’s long-term commitment to sustainability through existing innovative programs, including Shipment Zero – Amazon’s vision to make all shipments net zero carbon, with 50% net zero carbon by 2030; sustainable packaging initiatives like Frustration-Free Packaging and Ship in Own Container, which have reduced packaging waste by 25% since 2015; renewable energy programs; investments in the circular economy with the Closed Loop Fund; and numerous other initiatives happening every day by teams across Amazon. To date, Amazon has announced 91 renewable energy projects around the globe. Signatories will implement decarbonization strategies in line with the Paris Agreement through real business change and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies. In order to meaningfully reduce the amount of net greenhouse gas emissions, low-carbon solutions need to be developed in all sectors of the global economy. Investing $2 billion to support the development of technologies and services that reduce carbon emissions and help preserve the natural world. Amazon is now pledging to reach 80% renewable energy by 2024 and 100% renewable energy by 2030 on its path to net zero carbon by 2040. Learn more about Amazon’s vision to make 50% of all shipments net zero carbon by 2030. This dedicated investment program—with an initial $2 billion in funding—will invest in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy. The $440 million investment will accelerate the production of electric vehicles critical to reducing emissions from transportation. Amazon’s $10 million investment will help Closed Loop Fund improve recycling for millions of households. The Climate Pledge calls on signatories to be net zero carbon across their businesses by 2040—a decade ahead of the Paris Accord’s goal of 2050. In June 2020, Amazon announced The Climate Pledge Fund to support the development of sustainable and decarbonizing technologies and services that will enable Amazon and other companies to meet the goals set by The Climate Pledge. Signatories must take actions to neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net zero annual carbon emissions by 2040. We are minimizing waste, increasing recycling, and providing options for our customers to reuse, repair, and recycle their products—sending less material to the landfill and more back into the circular economy, Amazon Joins the Science Based Targets Initiative, How Amazon is investing in a circular economy, Introducing our most sustainable devices ever, Best Buy, McKinstry, Real Betis, Schneider Electric, and Siemens sign The Climate Pledge, Amazon launches "Climate Pledge Friendly" program, Amazon underscores commitment to employees, supply chain partners, and communities, Sign up for Out for Delivery, our newsletter. Large companies signing The Climate Pledge will send an important signal to the market that it’s time to invest in the products and services the signatories will need to meet their commitments.”, “Bold steps by big companies will make a huge difference in the development of new technologies and industries to support a low carbon economy,” said Christiana Figueres, the UN’s former climate change chief and founding partner of Global Optimism. Measure and report greenhouse gas emissions on a regular basis; Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies; Neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net zero annual carbon emissions by 2040. Investing $100 million in reforestation projects and climate mitigation solutions. Today, Amazon and Global Optimism announced The Climate Pledge, a commitment to meet the Paris Agreement 10 years early.Amazon today becomes the first signatory of this pledge. Companies of all sizes and stages will be considered, from pre-product startups to well-established enterprises looking to scale. The Right Now Climate Fund will help remove millions of metric tons of carbon from the atmosphere over the lifetime of the project, and create economic opportunity for thousands of people. See how we put our scale and inventive culture to work on building a sustainable future. Amazon has made ambitious commitments to achieving net zero carbon by 2040 as part of The Climate Pledge. Amazon plans to have 10,000 of the new electric vehicles on the road as early as 2022 and all 100,000 vehicles on the road by 2030—saving 4 million metric tons of carbon per year by 2030. We’re accepting indications of interest now via The Climate Pledge Fund email. To date, Amazon has launched 15 utility-scale wind and solar renewable energy projects that will generate over 1,300 MW of renewable capacity and deliver more than 3.8 million MWh of clean energy annually—enough to power 368,000 U.S. homes. Former Executive Secretary of the United Nations Framework Convention on Climate Change and Co-Founder of Global Optimism. We applaud Amazon’s Climate Pledge and their aggressive ambition to achieve net zero carbon emissions by 2040 and look forward to our high-impact collaboration.”. To further advance this goal, Amazon today announced the order of 100,000 electric delivery vehicles from Rivian, the largest order ever of electric delivery vehicles, with vans starting to deliver packages to customers in 2021. “If a company with as much physical infrastructure as Amazon—which delivers more than 10 billion items a year—can meet the Paris Agreement 10 years early, then any company can.

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