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MSFT Microsoft Corporation

416.25
7.19 (1.76%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Microsoft Corporation NASDAQ:MSFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.19 1.76% 416.25 416.50 416.70 399.8899 388.0355 394.06 40,583,055 00:59:58

Microsoft announces it will be carbon negative by 2030

16/01/2020 5:30pm

PR Newswire (Canada)


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REDMOND, Wash., Jan. 16, 2020 /CNW/ -- Microsoft Corp. on Thursday announced an ambitious goal and a new plan to reduce and ultimately remove its carbon footprint. By 2030 Microsoft will be carbon negative, and by 2050 Microsoft will remove from the environment all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975.

Microsoft company logo. (PRNewsFoto/Microsoft Corp.) (PRNewsfoto/Microsoft Corp.)

At an event at its Redmond campus, Microsoft Chief Executive Officer Satya Nadella, President Brad Smith, Chief Financial Officer Amy Hood, and Chief Environmental Officer Lucas Joppa announced the company's new goals and a detailed plan to become carbon negative.

"While the world will need to reach net zero, those of us who can afford to move faster and go further should do so. That's why today we are announcing an ambitious goal and a new plan to reduce and ultimately remove Microsoft's carbon footprint," said Microsoft President Brad Smith. "By 2030 Microsoft will be carbon negative, and by 2050 Microsoft will remove from the environment all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975."

The Official Microsoft Blog has more information about the company's bold goal and detailed plan to remove its carbon footprint: https://blogs.microsoft.com/?p=52558785.

The company announced an aggressive program to cut carbon emissions by more than half by 2030, both for our direct emissions and for our entire supply and value chain. This includes driving down our own direct emissions and emissions related to the energy we use to near zero by the middle of this decade. It also announced a new initiative to use Microsoft technology to help our suppliers and customers around the world reduce their own carbon footprints and a new $1 billion climate innovation fund to accelerate the global development of carbon reduction, capture and removal technologies. Beginning next year, the company will also make carbon reduction an explicit aspect of our procurement processes for our supply chain. A new annual Environmental Sustainability Report will detail Microsoft's carbon impact and reduction journey. And lastly, the company will use its voice and advocacy to support public policy that will accelerate carbon reduction and removal opportunities.

More information can be found at the Microsoft microsite: https://news.microsoft.com/climate.

Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/microsoft-announces-it-will-be-carbon-negative-by-2030-300988068.html

SOURCE Microsoft Corp.

Copyright 2020 Canada NewsWire

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