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

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  • 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.
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** Microsoft's Climate Innovation Fund drives sustainability through investments like LanzaJet and eco-friendly data centers. The company pursues energy management, green steel development, policy advocacy, carbon removal, and maintains a substantial increase in offset retirement from 2022 to 2 lately with significant deals, all aligning under five council priorities for reduced emissions and sustainable transitions. **

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