Amazon made significant progress towards reducing the carbon intensity of their business activities in 2020 following their investments in large-scale, long-term decarbonization solutions. They also saw a decrease in the absolute emissions from purchased electricity—a result of their investments in global renewable energy projects that came online in 2020—despite increasing their buildings’ square footage to keep pace with business growth. By 2030, they aim to deploy 100,000 custom electric delivery vehicles.

Amazon is continually focusing on minimizing waste, increasing recycling, and providing options for customers to reuse, repair, and recycle their products. They are working to send less material to the landfill and more back into the circular economy loop. In addition, they’ve made significant investments to support other companies and subsidiaries to contribute to the change. Their co-founded 2019 Right Now Climate Fund invests $100 million in reforestation projects and climate mitigation solutions. 

In 2020, Amazon launched The Climate Pledge Fund to support the development of sustainable and decarbonizing technologies and services. This dedicated investment program—with an initial $2 billion in funding—invests in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy.