Microsoft Launches Initiative to Counter 30% Rise in Scope 3 Emissions Since 2020
The company's carbon footprint is growing because of demand for its new data centers.
Greenbiz 5:37 pm on May 15, 2024
- Microsoft's Climate Innovation Fund invests in sustainable solutions, such as LanzaJet and eco-friendly data centers.
- Initiatives focus on digital tech for energy management, green steel innovations via partnerships, advocating policies, and carbon removal investments.
- Microsoft's carbon offsetting increased tenfold from fiscal year 202 to 2023 with major deals like the one signed in May with Stockholm Exergi.
- Fiscal 2022 saw retiring of roughly 60,000 metric tons of CO2 equivalents, aiding Microsoft's carbon-neutral claims.
- The company engages in activities under five priorities set by the Microsoft Climate Council, demonstrating its commitment to lowering emissions and transitioning toward sustainability.
- Renewable policy and incentives
- Electric Vehicles
https://www.greenbiz.com/article/microsoft-launches-initiative-counter-30-rise-scope-3-emissions-2020