Amazon.com, Inc. [NASDAQ: AMZN] disclosed on Wednesday that more than 100 corporations have inked “The Climate Pledge”. All the participants vowed to achieve the target of net-zero carbon by 2040. Amazon disclosed that among the 100 new participants, 52 are famous brands. These famous brans include Visa, Alaska Airlines, HEINEKEN, Telefónica, PepsiCo, and Colgate-Palmolive.
The co-signers who are committed to attaining net-zero carbon create more than $1.4 trillion in global yearly sales and have more than 5 million workers across 25 industries in 16 nations. This indicates the combined influence The Climate Pledge can have in tackling climate change. All the parties are bringing science-based, and intense actions to combat climate change by transforming supply chain effectiveness, environmentally-friendly transport services, circular economy, environmentally-friendly energy solutions, and more.
Terms of The Climate Pledge
All the new participants who have signed the pledge have agreed to gauge and inform about greenhouse gas emissions at regular intervals. The firms are also agreed to execute carbon sequestration policies consistent with the Paris Agreement through real business alterations and improvements.
Moreover, all the pledgers are agreed to counteract any residual emissions with the extra, measurable, real, long-lasting, and socially advantageous counteracts to accomplish the net-zero yearly carbon emissions by 2040. The firms have committed to achieving all the climate goals a decade before the Paris Agreement’s goal of 2050.
About The Climate Pledge
The Climate Pledge is a pledge co-founded by Amazon and Global Optimism to achieve the objectives of the Paris Agreement 10 years early and to accomplish net-zero carbon by 2040. Amazon disclosed that it has assisted to commence the Climate Pledge to demonstrate a model that speeds up carbon sequestration with the most impressive corporations.