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- Free Access: Amazon’s Sustainability Exchange offers proprietary decarbonization tools for free.
- Focus Areas: Seven key areas, including Carbon-Free Energy and Waste Circularity, are covered.
- Supplier Commitment: Suppliers must present decarbonization plans to continue business with Amazon.
Amazon’s Sustainability Exchange, launched today, provides previously proprietary guidance to accelerate supply chain decarbonization. This initiative marks a significant step in Amazon’s journey to reach net-zero carbon by 2040.
Why It Matters:
“We’ve built world-leading systems and solutions to tackle climate change,” said Kara Hurst, Amazon’s Chief Sustainability Officer. “Now, we’re sharing these resources to drive global progress.“
Achievements:
Amazon has already rolled out over 24,000 electric delivery vehicles and achieved 100% renewable energy usage across global operations. Their HQ2 boasts LEED Platinum Certification, and new recycling technology for mixed plastics has been developed with NREL.
The Exchange: The Amazon Sustainability Exchange includes:
- Carbon Measurement Playbook: Detailed steps for setting and achieving carbon goals.
- Renewable Energy Guide: Insights from Amazon’s experience as the largest corporate renewable energy buyer.
- Building Guide: Lessons from developing HQ2 and other certified buildings.
- Water Stewardship Guide: Strategies for becoming water positive by 2030.
Supplier Engagement:
Suppliers contributing over 50% of Amazon’s Scope 3 emissions must now present decarbonization plans. Amazon will prioritize partnerships with those demonstrating real progress.
Related Article: BlackRock Earmarks $150 Billion for Decarbonization Amid Updated Investment Guidelines
Community Effort:
With over 500 signatories of The Climate Pledge, Amazon invites more suppliers to join. “We need collective action to meet our net-zero goals and combat climate change,” Hurst emphasized.
Learn more about Amazon’s sustainability efforts in their 2023 Sustainability Report.