Microsoft, Nike, Unilever announce a global carbon-neutral group | Tech News

Microsoft, Nike, Unilever announce a global carbon-neutral group

Microsoft Corp., Nike Inc., Starbucks Corp., Unilever NV and Danone SA have formed a new consortium that will share resources and techniques to reduce carbon emissions.

By:BLOOMBERG
| Updated on: Aug 20 2022, 22:00 IST
Microsoft announced in January that it plans to be carbon negative — removing more carbon dioxide from the atmosphere than it emits — by 2030,
Microsoft announced in January that it plans to be carbon negative — removing more carbon dioxide from the atmosphere than it emits — by 2030, (REUTERS)

Microsoft Corp., Nike Inc., Starbucks Corp., Unilever NV and Danone SA are teaming up in a new consortium devoted to sharing resources and tactics for slashing carbon emissions, bringing together the efforts of some of the biggest global companies that have pledged to take action against climate change.

The group, called Transform to Net Zero, also includes automaker Mercedes-Benz AG; Danish shipping giant A.P. Moller-Maersk A/S; Indian information-tech firm Wipro Ltd; and Natura & Co., the Brazilian cosmetics firm that owns Avon. The alliance, which plans to recruit other members, will work with the nonprofit Environmental Defense Fund and will share information on cutting emissions, investing in carbon-reduction technology and coordinating on public policy goals.

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Microsoft announced in January that it plans to be carbon negative — removing more carbon dioxide from the atmosphere than it emits — by 2030, and the software maker allocated $1 billion to a climate-innovation fund to invest in ways to reduce and remove carbon emissions, one of the most aggressive corporate plans. 

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By 2050, the company plans to remove the equivalent of all of its emissions since Microsoft's founding in 1975. Amazon.com Inc. has also made a carbon-neutral pledge and recruited other companies to join. Both technology giants have come under fire from climate activists for continuing to provide cloud-computing services to large oil and gas producers. 

By Dina Bass

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First Published Date: 21 Jul, 12:13 IST
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