Amazon purchased renewable energy at a speedy clip final 12 months, including round 100 new initiatives and bumping its portfolio to over 33 gigawatts of producing capability. That’s over 10 gigawatts greater than its nearest competitor, Apple.
The additions made Amazon the biggest company purchaser of renewable energy, based on BloombergNEF. The firm’s complete portfolio is break up roughly evenly between utility-scale wind and photo voltaic farms and on-site solar energy initiatives. In complete, it’s sufficient to energy 8.3 million houses, Amazon mentioned.
Amazon’s renewable and storage contracts have allowed it to cut back emissions from bought electrical energy, so-called Scope 2 emissions, even because it has ramped up its information facilities.
Still, the corporate has an extended solution to go to eliminating its carbon footprint. Like many firms, the overwhelming majority of Amazon’s emissions come from Scope 3, which covers actions over which it workouts much less management. That contains outlays like air journey, leased buildings, and constructing building.
According to Amazon’s 2023 sustainability report, complete emissions peaked in 2021 after rising sharply for a few years. Its carbon depth — a measure of greenhouse fuel emissions divided by product sales — has additionally been declining. (Carbon depth is a metric favored by quick rising organizations, since they have an inclination to eat extra fossil fuels as they develop. If they spend money on zero-carbon energy, carbon depth tends to develop extra slowly or decline relative to total emissions, telling a extra constructive story.)Â
Amazon has but to launch its 2024 sustainability report, which might give a extra full image of the corporate’s progress towards its 2040 web zero objective.
