Greener Future; Amazon-backed Climate Pledge initiative adds 20 new signatories

By Rahul Vaimal, Associate Editor
Climate Change Image
Representational Image

Tech giant Amazon-led The Climate Pledge initiative has added 20 more global organizations, representing diverse sectors across the planet, to the movement and commit to contributing towards net-zero carbon emissions.

The Climate Pledge, backed by Amazon founder Mr. Jeff Bezos and London-based Global Optimism, is a global initiative where its members, mostly major corporations with operations across continents, agree to reach net-zero carbon emissions by 2040, 10 years ahead of the deadline set by the 2016 Paris Agreement.

The new members arrive from a vastly diversified catalog of firms including financial services, energy and agriculture. US-based technology company International Business Machines (IBM) is one of the notable names in the list of new members.

With the new signatories, The Climate Pledge has 53 companies across 18 industries and 12 countries who have committed to working toward net-zero carbon in their worldwide businesses.

Related: Innovation in manufacturing sector vital to tackle climate change: Bill Gates

Sharing his excitement on the occasion, Mr. Bezos remarked that “As the U.S. takes an important step forward in the fight against climate change by officially rejoining the Paris Agreement this week, I am excited to welcome 20 new companies to The Climate Pledge who want to go even faster,” while adding that “Together, we can use our collective scale to help decarbonize the economy and preserve Earth for future generations.”

Commitment 

Members of The Climate Pledge agree to;

  • 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, a decade ahead of the Paris Agreement’s goal of 2050.

New Signatories

The new additions to the initiative consist of  ACCIONA, Colis Prive, Cranswick PLC, Daabon, FREE NOW, Generation Investment Management, Green Britain Group, Hotelbeds, IBM, Iceland Foods, Interface, Johnson Controls, MiiR, Orsted, Prosegur Cash, Prosegur Compañia de Seguridad, Slalom, S4Capital, UPM, and Vanderlande.

Also Read: Amazon will set up 1st manufacturing unit in India; Joins the country’s self reliance initiative.

YOU MAY LIKE