Amazon launches $2 billion fund to promote sustainability
The e-tail giant is introducing the Climate Pledge Fund, a dedicated venture investment program designed to support the development of sustainable technologies and services. Amazon hopes the fund will enable it and other companies to meet The Climate Pledge, a commitment to be net-zero carbon by 2040.
Amazon is providing initial funding of $2 billion to back visionary companies whose products and services will facilitate the transition to a zero-carbon economy. In 2019, Amazon and climate change network Global Optimism co-founded The Climate Pledge, a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. Verizon, Reckitt Benckiser (RB), and Infosys recently joined the pledge.
The Climate Pledge Fund will invest in companies in multiple industries, including transportation and logistics, energy generation, storage and utilization, manufacturing and materials, circular economy, and food and agriculture. Over time, Amazon will also look for opportunities to involve other Climate Pledge signatories in this venture investment program.
Chain Storeage
Related news
Amazon Launches New Private-Label Food Brand In The US
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Carrefour Reportedly Exploring Sale Of Polish Operations
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Walmart recruits European marketplace sellers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
KSH: in September, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The European Parliament has adopted a new, stricter definition of meat
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Honey Trial 2025 – Record prizes and a challenging year for domestic beekeepers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >