In an ambitious plan, Microsoft has set a goal to reduce its carbon footprint. The company said it is on route to becoming negative by 2030, and more importantly, by the year 2050, the company will have removed all of the carbon it has emitted in the environment since its establishment.
On Thursday, Microsoft declared its plan to reduce, and remove the carbon footprint from the environment, at an event in the company headquarters.
Brad Smith, President, Microsoft, at the event said “while the world will need to reach net-zero, those of us who can afford to move faster and go further should do so. That’s why today we are announcing an ambitious goal and a new plan to reduce and ultimately remove Microsoft’s carbon footprint”.
In the presence of Microsoft’s CEO (Chief Executive Officer), Satya Nadella, CFO (Chief Financial Officer), Amy Hood, and Chief Environment Officer, Lucas Joppa, Smith said “by 2030, Microsoft will be carbon negative, and by 2050. Microsoft will remove from the environment all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975”.
At the event, Microsoft announced a new initiative wherein it will use Microsoft Technologies to help both their suppliers and the customers all around the globe in reducing their carbon footprints. The company will also funnel $ 1 billion as climate innovation funds to fast track the improvement of not only carbon reduction but also, carbon removal and carbon capture technologies all around the globe.
The company said, “beginning next year, the company will also make carbon reduction an explicit aspect of our procurement processes for our supply chain”.
Since the First Industrial Revolution that started in the mid-1700s, due to human activities alone, over 2 TRILLION metric tonne of greenhouse gases has been pumped into our planet’s atmosphere, however, the more alarming fact is that over 75% of this is Carbon dioxide and most of it entered our atmosphere since 1950s.
This is more carbon than the environment can re-absorb.
Every year, due to human activities, in excess of 50 billion metric tonnes of greenhouse gases gets added to the environment.
The company said, “We recognize that progress requires not just a bold goal but a detailed plan. We are launching an aggressive program to cut our carbon emissions by more than half by 2030, both for our direct emissions and for our entire supply and value chain”.
Adding to this, the company said, “By 2025, we will shift to 100% supply of renewable energy, meaning that we will have power purchase agreements for green energy contracted for 100% of carbon-emitting electricity consumed by all our data centers, buildings, and campuses”.
By 2030, Microsoft will also electrify the vehicle fleet in its global campus operations, the company added.