To have details on Microsoft's, Delta's, Astra Zeneca's, Starbuck's, and BP's sustainability commitments, including partners, financial information, timeline goals, visual material used for the announcements of the commitments, leader quotes, press release link, and more.
Microsoft Announces It Will Be Carbon Negative by 2030
- Press release / formal announcement made on Jan 16, 2020.
- Partners: In the announcement, Microsoft talks about partnering with customers, and also mentions specific projects, such as working with Vattenfall on a 24/7 matching solution.
- Financial details: Microsoft says they will fund the plan by expanding their internal carbon fee. They also announced a $1 billion climate innovation fund "to accelerate the global development of carbon reduction, capture, and removal technologies." This fund, Microsoft says, will be used in two key areas; accelerating technolgoy development through investment in project and debt finance; and by investing in new innovations "through equity and debt capital."
- Timeline goals: Microsoft aims to cut carbon emissions by more than half by 2030, and the company committed to removing "from the environment all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975" by 2050. Further, Microsoft committed to shifting to 100% supply of renewable energy by 2025, to electrifying their global campus operations vehicle fleet by 2030, and that from July 2020, they would start phasing in their current internal carbon tax to cover their scope 3 emissions.
- Microsoft also said that by July next year they will begin to "implement new procurement processes and tools to enable and incentivize our suppliers to reduce their scope 1, 2, and 3 emissions."
- Accompanying visuals: The announcement was accompanied with a graphic of three Microsoft leaders, a graph illustrating Microsoft's changing carbon emissions year by year, another graph demonstrating how increased GDP has paralled increased carbon emissions, and a 4-minute black and white illustrated video explaining the maths behind Microsoft's sustainability goal.
- Leader quotes: There were no direct quotes in the announcement itself.
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