Amazon Shifts Gears On Carbon Footprint: Eliminates Shipment Zero, Still On Track To 2040 Deadline For Zero Emissions
Portfolio Pulse from Anusuya Lahiri
Amazon has delayed its pledge to make 50% of its shipments net-zero carbon by 2030, pushing the goal to 2040. The company had underestimated its carbon footprint and is committed to cutting emissions through electric delivery vans and renewable energy.
May 30, 2023 | 12:59 pm
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Amazon delays its 50% net-zero carbon goal from 2030 to 2040, due to underestimating its carbon footprint. The company is committed to cutting emissions through electric delivery vans and renewable energy.
Amazon's delay in achieving its carbon emission goals may not have a significant short-term impact on its stock price, as the company remains committed to reducing emissions. However, the delay could affect its long-term reputation and sustainability efforts.
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