Business and Finance
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Business and Finance
Source : (remove) : aboutamazon
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How Amazon approaches carbon credits, a key tool in the fight against climate change

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  Carbon credits help unlock private sector climate finance at scale, and drive impact beyond our own operations.
The article from Amazon's newsroom discusses the company's commitment to sustainability through its carbon credit program. Amazon has invested in a variety of carbon offset projects globally, aiming to reduce its carbon footprint and support decarbonization efforts. These projects include renewable energy, reforestation, and energy efficiency initiatives. Amazon has notably invested in the world's largest Direct Air Capture (DAC) facility in Texas, which removes carbon dioxide directly from the atmosphere. Additionally, Amazon has committed to being net-zero carbon by 2040 through its Climate Pledge, and it uses carbon credits not just for offsetting but also to drive innovation in carbon removal technologies. The company also emphasizes transparency and credibility in its carbon credit purchases, ensuring that the credits meet high environmental integrity standards. This approach not only helps in mitigating climate change but also supports local communities and biodiversity.

Read the Full aboutamazon Article at:
[ https://www.aboutamazon.com/news/sustainability/amazon-carbon-credit-decarbonization-sustainability ]