Amazon Urges Key Suppliers to Decarbonize

Fenwick & West LLP
Contact

Fenwick & West LLP

On July 10, Amazon released its 2023 Sustainability Report, which noted that the company will prioritize working with suppliers who are committed to decarbonization and reaching net-zero. According to the report, Amazon has identified a list of the highest-emitting suppliers directly supporting the company's operations. These suppliers, who collectively contribute more than 50% of emissions globally to Amazon’s Scope 3 footprint, will now be required to provide a plan for how they will decarbonize their operations and demonstrate real progress over time. Amazon already requires its suppliers to report on their greenhouse gas emissions.

According to the report, Amazon is already providing tools and resources to many of its suppliers to help drive down their emissions and encouraging suppliers to join its 2019 Climate Pledge to reach net-zero carbon emissions by 2040.

While Amazon is not the only multi-national company to encourage its suppliers to reduce their emissions and adopt environmental goals, this is perhaps the first example of a policy with real teeth.

We will prioritize our business towards those who provide their plans and results on their path to net-zero.

www.aboutamazon.com/...

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Fenwick & West LLP | Attorney Advertising

Written by:

Fenwick & West LLP
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Fenwick & West LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide