- This comes the same day Amazon announced a new initiative to promote green technology.
- The coronavirus pandemic has also resulted in surges of delivery orders as almost all states adopted lockdowns.
Amazon reported today that its carbon footprint grew by 15 percent over the past year, the same day it announced a $2 billion internal venture capital fund aimed at investing in and promoting green technology.
The Associated Press (AP) reports that the online retailer said that its business activities cumulatively resulted in 51.2 million metric tons of carbon dioxide emissions in 2019, an increase from 2018’s carbon reading of 44.4 million metric tons.
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This comes as the coronavirus pandemic has also resulted in surges of delivery orders as almost all states adopted lockdowns.
The company launched new environmental initiatives and released carbon data following protests from employees advocating the behemoth to do more to help mitigate climate change.
Amazon did note, however, that while its carbon footprint grew, the amount of carbon it emitted for each dollar spent on the site fell by 5 percent over the same time period.
The company is reportedly on track to reach its goal of becoming carbon neutral by 2040. Other sustainability initiatives it has taken to offset the impact its millions of deliveries have on the environment include forest conservancy as well as the Bezos Earth Fund, named for Amazon’s founder and CEO. The fund consists of at least $10 billion of Bezos’s personal wealth to issue grants to fund sustainability efforts.
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