Amazon Pledges Commitment Towards Environment Making It Emission Free By 2030

25-Sep-2019 | Facts and Factors

Jeff Bezos who is the CEO of Amazon has unveiled a plan on Thursday to counter climate change, by committing the company to meet the goals of the Paris Agreement on climate 10 years before the scheduled time.

He has in addition pledged that the company’s emissions will be measured and the results will be reported regularly and will be implementing strategies for de-carbonization as well as change their business strategies in order to compensate for their remaining emissions.

The energy requirements of Amazon is expected by Bezos to come through sources of renewable by 2024, which is significantly more than the current rate of 40%, before it transitions into being emission free by 2030.  

Bezos expects that the scope and scale if the company to lead the way. He added that what they know about their company Amazon is that being a role model in this kind of an initiative is very difficult because the company’s infrastructure is large in terms of physicality so by doing this they want to set an example that if they can anyone can.

Amazon, as a part of this announcement has agreed to buy 100,000 electric vans from Rivian which is a vehicle manufacturer.

Bezos has said that these electric vans will be playing on roads by the year 2021 and he has estimated that 100,000 vehicles will be operational by the year 2024. The move is building on the investment received by Rivian in February which was $700 million and was led by Amazon which was led by $440 million.

Amazon will be working with companies in their supply chain helping them to decarbonize and attain the goals which have been enlisted in the plan.


Latest Market Research Reports

report img

Specialty Chemicals Market Report 2024 – 2032

[225+ Pages Report] According to Facts Factors, the global specialty chemicals market size in terms of revenue was valued at around USD 850.23 billion in 2023 and is expected to reach a value of USD 1,192.68 billion by 2032, growing at a CAGR of roughly 3.83% from 2024 to 2032. The global specialty

Published Date : 25-Apr-2024 | | Category : Chemical & Materials | Pages : 225 | Format : Read more

Inquiry for Buying Request Sample
report img

Solar Energy Market Report 2024 – 2032

[226+ Pages Report] According to Facts Factors, the global solar energy market size in terms of revenue was valued at around USD 234.57 billion in 2023 and is expected to reach a value of USD 425.39 billion by 2032, growing at a CAGR of roughly 6.84% from 2024 to 2032. The global solar energy marke

Published Date : 25-Apr-2024 | | Category : Energy & Mining | Pages : 226 | Format : Read more

Inquiry for Buying Request Sample
report img

Renewable Energy Market Report 2024 – 2032

[224+ Pages Report] According to Facts Factors, the global renewable energy market size in terms of revenue was valued at around USD 1049.33 billion in 2023 and is expected to reach a value of USD 2204.47 billion by 2032, growing at a CAGR of roughly 8.61% from 2024 to 2032. The global renewable en

Published Date : 24-Apr-2024 | | Category : Energy & Mining | Pages : 224 | Format : Read more

Inquiry for Buying Request Sample
report img

RegTech Market Report 2024 – 2032

[225+ Pages Report] According to Facts Factors, the global RegTech market size in terms of revenue was valued at around USD 13.27 billion in 2023 and is expected to reach a value of USD 86.45 billion by 2032, growing at a CAGR of roughly 23.15% from 2024 to 2032. The global RegTech market is projec

Published Date : 24-Apr-2024 | | Category : Technology & Media | Pages : 225 | Format : Read more

Inquiry for Buying Request Sample
report img

Radiopharmaceutical Market Report 2024 – 2032

[223+ Pages Report] According to Facts Factors, the global radiopharmaceutical market size in terms of revenue was valued at around USD 6.25 billion in 2023 and is expected to reach a value of USD 14.38 billion by 2032, growing at a CAGR of roughly 9.7% from 2024 to 2032. The global radiopharmaceut

Published Date : 23-Apr-2024 | | Category : Healthcare | Pages : 223 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration