Potential offtaker

Amazon.com, Inc.

www.amazon.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Amazon.com, Inc. is a multinational technology company based in Seattle, Washington, United States. The company operates in the online marketplace sector and is one of the largest e-commerce platforms in the world. Amazon.com was founded in 1994 by Jeff Bezos and has since grown to become a global leader in retail, cloud computing, digital streaming, and artificial intelligence.

In recent years, Amazon.com has made a significant commitment to decarbonisation and renewable energy. The company has set a goal to reach net-zero carbon emissions by 2040, a decade ahead of the Paris Agreement's target. To achieve this goal, Amazon.com has implemented a range of initiatives to reduce its carbon footprint and increase its use of renewable energy.

One of the key ways that Amazon.com is reducing its carbon footprint is through corporate energy initiatives. The company has invested in a range of renewable energy projects, including wind and solar farms, to power its operations. Amazon.com has also implemented energy efficiency measures across its facilities, such as LED lighting and HVAC upgrades, to reduce energy consumption.

Another important initiative that Amazon.com has undertaken is the use of corporate power purchase agreements (PPAs). PPAs allow companies to purchase renewable energy directly from a project developer, typically at a lower cost than traditional electricity sources. Amazon.com has signed several large-scale PPAs for wind and solar projects, which will enable the company to power its operations with renewable energy.

In addition to its renewable energy initiatives, Amazon.com is also committed to reducing its carbon footprint through sustainable transportation. The company has pledged to make half of its shipments carbon-neutral by 2030, and has invested in electric delivery vehicles and sustainable packaging materials to achieve this goal.

Overall, Amazon.com's commitment to decarbonisation and renewable energy is an important step towards addressing the global climate crisis. The company's efforts to reduce its carbon footprint through corporate energy initiatives and sustainable transportation are setting a positive example for other companies to follow. By investing in renewable energy and implementing energy efficiency measures, Amazon.com is not only reducing its environmental impact but also saving money on energy costs in the long term.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member