Amazon’s Climate Pledge Fund

About the Organization

Amazon co-founded The Climate Pledge in 2019, a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. The Pledge now has 110 signatories, including IBM, Unilever, PepsiCo, Visa, Verizon, Siemens, Microsoft, and Best Buy. To reach its goal, Amazon will continue to reduce emissions across its operations by taking real business actions and establishing a path to power its operations with 100% renewable energy, five years ahead of the company’s original target of 2030; delivering its Shipment Zero vision to make all shipments net-zero carbon, with 50% net-zero carbon by 2030; purchasing 100,000 electric delivery vehicles, the largest order ever of electric delivery vehicles; and by investing $2 billion in the development of decarbonizing services and solutions through the Climate Pledge Fund. For more information, visit https://sustainability.aboutamazon.com/.

About Amazon’s Climate Pledge Fund

The Climate Pledge Fund is a corporate venture capital fund that invests in companies that can accelerate Amazon’s path to meeting The Climate Pledge. This dedicated investment program—with an initial $2 billion in funding—will invest in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy. For more information, visit https://www.theclimatepledge.com/us/en/about/the-climate-pledge-fund

Advisory Board Member

Ken Alston

Climate Pledge Fund, Amazon