According to Microsoft President
"During our first year, we reduced our emissions by 6%, from 11.6 million metric tons to 10.9 metric tonnes.
"By 2030, our
By 2050, Microsoft has committed to remove from the environment all the carbon that the company has emitted directly or through electricity use since the company was founded in 1975.
A small part of last year's reduction was due to the type of decreased activity the world experienced because of COVID-19.
"Obviously that aspect is unsustainable, making other and more significant sources of progress more important. At the top of this list is the need to accelerate a shift from fossil fuels to renewable energy in our facilities and emissions reductions by our suppliers," Smith emphasised.
He, however, lamented that there is no real existing carbon removal ecosystem and the world must build a new market on an unprecedented scale and timeline, from nearly scratch.
"This will be incredibly hard, requiring integrity, public-private coordination, and heavy investment simultaneously".
Smith said that the progress on sustainability goals will be included as a factor in determination of executive pay starting with our next fiscal year in July.
"This will apply to the compensation of the members of the company's Senior Leadership Team, including CEO
SEE ALSO:
The many marvels of Satpura Biosphere Reserve in Madhya Pradesh
India’s travel and tourism sector is hoping that the Budget won’t leave them behind