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Briefing
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- Carbon Negative Goal – Microsoft announced plans to become carbon negative where company removes more emissions than it emits, including cutting emissions in half, by 2030 on January 6, 2020
- 100% Renewables Target – Aims to have operations, including data centers, buildings and campuses to be 100% powered by renewable energy through power purchase agreements, in addition to electric vehicle fleet and green building certifications
- Carbon Tax Expansion – Will charge business divisions carbon taxes for indirect emissions starting July 2020, with goal to increase rate over time to similar price as existing carbon tax on direct emissions
- Green Supply Chain – Plans to implement new procurement processes and tools enabling supply chain partners to reduce their emissions and report them accurately
- Historic Emissions Reduction – Targets removing all carbon emitted by company since 1975 through negative emission technologies (NET), such as afforestation, reforestation, soil carbon sequestration, bioenergy with carbon capture and storage (BECCs), and direct air capture (DAC)
- $1 Billion Climate Fund – Will invest $1 billion in next four years to start Climate Innovation Fund for developing carbon reduction and removal technologies
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Accelerator
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Sector
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Information Technology
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Function
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Operations, Manufacturing and Production, Research and Development, Supply Chain and Logistics
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Organization
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Microsoft Corp.
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Source
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Original Publication Date
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January 16, 2020
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