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The Climate Pledge Fund makes investments into early-stage companies focused on decarbonizing or sustainable technologies and services. The fund is part of Amazon's Climate Pledge initiative with climate advocacy group Global Optimism. It was funded with an initial $2 billion in June 2020.
Amazon's negative impact on the environment can be attributed to their business presence in logistics, supply chain, data centers, and consumer products.The company's large scale along with a heavy reliance on fossil fuels and plastic, as well as their anti-environmental lobbying practices [13] [14] contribute to the criticism.
The Climate Pledge Fund will invest in companies across industries such as transportation and logistics, energy, storage and utilization, manufacturing and materials, and food and agriculture, the ...
The Amazon Fund has a Guidance Committee (COFA), responsible for setting guidelines and monitoring the results achieved, and a Technical Committee (CTFA), which is tasked with certifying the calculations made by the Ministry of the Environment and Climate Change (MMA) regarding the actual reductions in carbon emissions from deforestation.
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Maren Costa is a prominent American advocate for climate justice, workers’ rights, and corporate responsibility, best known for co-founding Amazon Employees For Climate Justice and being illegally terminated by Amazon for so-called "policy violations" tied to her activism.
Data source: Amazon's quarterly reports. AWS operating income increased 47% year over year in the fourth quarter, lower than the whole. Amazon is investing more in AWS' generative AI program ...