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Accenture, Toshiba Bond Over Carbon Emission Goals

  • Accenture plc (NYSE: ACNcollaborated with Toshiba Corp (OTC: TOSYY) to offer consulting services to support the green transformation (GX) efforts of the clients.

  • The collaboration will target industries with high greenhouse gas emissions and other organizations with urgent needs to improve energy efficiency.

  • Accenture will work with Toshiba to design and develop new sustainability services to push emission reductions, along with strategies and solutions for carbon neutrality.

  • Toshiba aims to accomplish carbon neutrality throughout its entire value chain by FY50. It has set a preliminary goal for FY30 of cutting greenhouse gas emissions by 70% from FY19 levels.

  • Recently, Samsung Electronics Co, Ltd (OTC: SSNLFshared plans to invest over KRW 7 trillion ($5.02 billion) by 2030 to become carbon neutral by 2050.

  • Amazon.com, Inc (NASDAQ: AMZN) expanded its renewable energy portfolio globally, with an additional 2.7 gigawatts (GW) of clean energy capacity across 71 new renewable energy projects.

  • Once fully operational, Amazon's global renewable energy portfolio will generate 50,000-gigawatt hours (GWh) of clean energy.

  • Price Action: ACN shares closed lower by 0.94% at $257.54 on Monday.

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