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Amazon Shifts Gears On Carbon Footprint: Eliminates Shipment Zero, Still On Track To 2040 Deadline For Zero Emissions

  • Amazon.Com, Inc (NASDAQ: AMZN) recently eliminated its pledge to make 50% of its shipments, called "Shipment Zero," net-zero carbon by 2030.

  • The company, which also had plans remaining in place to reach carbon emission goals across all its operations by 2040, realized it had immensely underestimated its carbon footprint.

  • At the time, an Amazon spokesman reiterated the company's commitment to cutting emissions, including ordering a fleet of electric delivery vans and buying renewable energy for its electricity needs, Business Insider reports.

  • Amazon's e-commerce operation leans on vast fleets of vehicles and aircraft to quickly deliver packages to consumers, most of which consume vast quantities of fossil fuels and discharge greenhouse gases.

  • However, fast delivery holds crucial significance for shoppers and is the company's Prime program's main unique selling point (USP).

  • Price Action: AMZN shares traded higher by 1.50% at $121.91 premarket on the last check Tuesday.

  • Photo via Wikimedia Commons

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This article Amazon Shifts Gears On Carbon Footprint: Eliminates Shipment Zero, Still On Track To 2040 Deadline For Zero Emissions originally appeared on Benzinga.com

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