Business Wire

Best Buy, McKinstry, Real Betis, Schneider Electric, and Siemens Sign The Climate Pledge

24.9.2020 13:00:00 EEST | Business Wire | Press release

Share

Today, Amazon (NASDAQ: AMZN) and Global Optimism announced that Best Buy, McKinstry, Real Betis, Schneider Electric, and Siemens have joined The Climate Pledge , a commitment to be net-zero carbon by 2040—a decade ahead of the Paris Accord’s goal of 2050.

These new signatories to The Climate Pledge agree to:

  • Measure and report greenhouse gas emissions on a regular basis;
  • Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies;
  • Neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net-zero annual carbon emissions by 2040.

“From hurricanes to forest fires, climate change is leading to very real, negative impacts to our daily lives even sooner than scientists expected. Every company has a role to play in fighting climate change, and we welcome these new Climate Pledge signatories who are stepping up and committing to reach net-zero carbon by 2040,” said Jeff Bezos, Amazon founder and CEO. “They are showing important leadership in accelerating the transition to a low carbon economy to protect the planet for future generations.”

To achieve a net-zero carbon footprint, Best Buy will continue to measure, manage and decarbonize its emissions, increase the energy efficiency of its operations, and invest in carbon offsetting projects. Since 2009, the company has reduced its carbon emissions by 56% through investments in LED lighting, controls systems and hybrid vehicles. The company has also undertaken investments in utility-scale solar generation like the Best Buy Solar Field, which powers the equivalent of 260 Best Buy stores each year. Through its previously established science-based target, the company aims to reduce emissions in its operations by 75% and help customers reduce product emissions by 20%, saving the company $5 billion on utility costs by 2030. And as it looks to the future and meeting the 2040 requirements of The Climate Pledge, Best Buy’s focus areas may include fleet electrification, energy efficiency, renewable energy investments, and the development of carbon offset projects.

“We are a purposeful, values-driven company, with a long history of environmental work that includes meaningfully reducing our carbon footprint and helping our customers do the same,” said Corie Barry, Best Buy CEO. “We are proud to take the next step by committing to The Climate Pledge. Simply put, our customers and employees expect this degree of commitment from us and the planet demands it.”

McKinstry, a U.S. engineering, construction and energy services firm, has a three-fold plan. McKinstry will reduce its net greenhouse gas emissions by 50% by 2025 and reach net-zero carbon by 2030. McKinstry will use its impact and influence to support community organizations who are leading approaches to preserve the planet. It will also work with building owners and operators to deliver more buildings that aim for zero-carbon, energy-sharing, high-efficiency operations, and optimal building-to-grid interactions. This leads to occupant behavior that helps to transform buildings from blind energy consumers to valuable assets that serve the grid.

“Buildings account for 40% of energy use in the United States and 36% globally,” said Dean Allen, McKinstry CEO. “Emerging, complex building technologies are unlocking the potential to radically reduce carbon emissions and operate buildings with startling efficiency. It will take working together across industries to deploy these technologies and decarbonize the global building stock and dramatically improve energy efficiency. Working with other Climate Pledge companies, I believe we can meet this goal and drive real, lasting change.”

Real Betis, a professional football club based in Seville, Spain, has measured its carbon footprint and is implementing plans to reduce its emissions while at the same time purchasing carbon offsets from certified climate protection projects. In an effort to reduce its carbon emissions, the club is installing a “smart illumination system” in its 60,000-capacity Estadio Benito Villamarín stadium and is attempting to reduce its reliance on single-use plastic. It is also focused on serving as a role model for its fans: for the upcoming season, Real Betis is developing a list of sustainable initiatives to help fans reduce carbon emissions.

“At Real Betis, we are committed to tackling climate change,” said Ramón Alarcón, Real Betis general business director. “We are also helping to raise awareness to address the climate crisis, by engaging with our players and fans. We understand that climate change is a threat to the livelihoods and the wellbeing of everyone on the planet, and we are committed to doing our part. We are very excited to be the first football club in the world to join this program, and we can’t wait to work with Climate Pledge companies to ramp up our efforts.”

Fighting climate change has long been at the heart of Schneider Electric’s strategy and innovation roadmap, much ahead of its COP 21 Carbon Pledge endorsement. For Climate Week 2020, Schneider is accelerating its own carbon neutrality commitments and reaffirming that it will be carbon neutral in its operations by 2025 and have net-zero (no offset) emissions by 2030. It is also promising to have all of its products be carbon neutral by 2040, with full end-to-end neutrality, as well as having a net-zero supply chain by 2050. Schneider’s corporate pledge was amongst the first +1.5 degree Celsius roadmaps approved by the Science Based Target Initiative (SBTi).

“Sustainability is at the core of everything we do at Schneider, and digital innovation is critical to address the challenge of climate change,” said Jean-Pascal Tricoire, Schneider Electric chairman and CEO. “We will progress faster towards a sustainable and inclusive world if we progress together. This is why we joined The Climate Pledge – to deliver carbon neutrality.”

Siemens’ goal is clear: all production facilities and buildings worldwide are to achieve a net-zero carbon footprint by 2030. To reach this objective, Siemens is focusing on four levers: green energy procurement, improving energy efficiency, decentralized energy systems (e.g. photovoltaics on factory rooftops), and the electrification of its car fleet. Besides, Siemens has initiated a new Managing Board compensation system that is also linked to sustainability targets, such as CO2 emissions reduction targets.

“Climate change is one of humanity’s greatest challenges of our time. Businesses need to lead the way towards accelerated decarbonization. In September 2015, Siemens became the first global industrial company to commit to achieving carbon neutrality for our global operations by 2030. Today, we reemphasize our commitment to this goal and are looking forward to joining forces with other Climate Pledge companies to help ramp up global efforts,” said Joe Kaeser, Siemens AG president and CEO.

“The Paris Agreement set out a unifying roadmap for all countries and all people to address the climate crisis by taking action. The IPCC has informed us that we cannot warm the planet beyond 1.5 degrees Celsius and that the faster we achieve net-zero emissions, the better,” said Christiana Figueres, the UN’s former climate change chief and Global Optimism founding partner. “By joining The Climate Pledge, signatories are not just making a statement of commitment to the future, they are setting a pathway to significant actions and investments that will create jobs, spur innovation, regenerate the natural environment and help consumers to buy better starting now. This is what leadership looks like in resetting the global economy.”

Last year, Amazon and Global Optimism co-founded The Climate Pledge, a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. Eleven organizations have now signed The Climate Pledge including: Amazon, Best Buy, Infosys, McKinstry, Mercedes-Benz, Oak View Group, Real Betis, Reckitt Benckiser (RB), Schneider Electric, Siemens, and Verizon—sending an important signal that there will be rapid growth in demand for products and services that help reduce carbon emissions. For more information visit www.theclimatepledge.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

About Global Optimism

Global Optimism exists to precipitate transformational, sector-wide change. Achieving a zero emissions future is not a far-off challenge. It’s one we must get on track for now. Every scientific assessment shows that to meet the goal of net -zero emissions by 2050, to keep global heating below 1.5 degrees Celsius, we must halve our emissions between 2020 and 2030. Tackling the climate crisis is only possible when everyone, everywhere plays their part. We work with like-minded collectives from all sectors who are willing to invest in the choices required to be on this challenging – and life-affirming – journey. For more information, visit https://globaloptimism.com/.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Amazon.com, Inc.
Media Hotline
Amazon-pr@amazon.com
www.amazon.com/p

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

David Hagan, Dean and Pegasus Professor at CREOL, The College of Optics and Photonics, Will Serve as Vice President of SPIE26.8.2026 06:00:00 EEST | Press release

David Hagan has been elected to serve as the 2027 Vice President of SPIE, the international society for optics and photonics. He will serve as President-Elect in 2028, and as the Society’s President in 2029. The SPIE Board of Directors is influential in the scientific community, establishing policy and strategy and conducting activities of interest to SPIE Members. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260825934622/en/ Top row, from left to right: David Hagan, Jim McNally, Mark Clampin. Bottom row, from left to right: Marla Dowell, Jana Kainerstorfer, Katie Schwertz The 2026 SPIE President, Julie Bentley, professor of optics at the University of Rochester, made the new electees announcement at the Annual General Meeting of the Society on 25 August during SPIE Optics + Photonics. Terms begin on 1 January 2027. In addition to his work at CREOL (University of Florida, USA), Hagan has been an SPIE Fellow since 2017.His

FORTÉ Acquires Vega Global, APAC's Largest Systems Integrator, Expanding Global Reach26.8.2026 04:00:00 EEST | Press release

FORTÉ, the leader in communication and collaboration solutions designed for the modern workplace, today announced its acquisition of Vega Global, APAC’s largest systems integrator and a leading provider of workplace technology and audiovisual solutions serving corporate, education, government and other market segments. With this acquisition, FORTÉ adds to its international presence, including established office locations in Hong Kong, Mainland China, India, Japan, Taiwan, Thailand, Singapore, Korea, Vietnam, Australia, Philippines, Malaysia, Macau, New Zealand, Indonesia, and United Arab Emirates. With its headquarters in Minneapolis, Minn., FORTÉ also has operations in the U.S., Ireland, Germany, Sweden, the United Kingdom, and Mexico. “Multinational organizations need strategic partners who can deliver consistent communication and collaboration experiences wherever their people work and do business,” said Jeff Stoebner, Chairman and CEO of FORTÉ. “With Vega Global now part of FORTÉ,

Access Advance Launches Exploration Phase for an AV1/AV2 Device and Software Patent Pool, Invites Participation of Potential Licensors26.8.2026 03:00:00 EEST | Press release

Access Advance LLC announced today that in conjunction with the recent release of the AV2 video codec specification, it has launched the exploratory phase for a new patent pool covering devices and software implementing the AV2 video codec, as well as its predecessor AV1. During this exploratory phase, Access Advance will engage with market participants to seek their input, including holding pool formation discussions with potential licensors to gather their feedback on the scope, structure, and terms of a prospective program. All patent owners with a good-faith belief that they own or control AV1 and/or AV2 essential patents are invited to participate in the pool formation discussions. AV1 adoption is being driven largely by members of the Alliance for Open Media (“AOM”). AOM members such as Google, Meta, and Netflix increasingly utilize AV1 to deliver video, and adoption now spans smart TVs, streaming media players, mobile devices, web browsers, and chipsets. AV2, AOM’s successor to

Lattice to Showcase Industrial FPGA Innovations at FPGAWorld Conference 202625.8.2026 23:00:00 EEST | Press release

Lattice Semiconductor (NASDAQ: LSCC), the low power programmable and platform firmware leader, today announced its exhibition plan for the upcoming FPGAWorld Conference 2026, taking place on Sept. 8, 2026, in Stockholm, Sweden. As part of the event, Lattice will deliver technical presentations and host a demo showcase focused on how its low power FPGA solutions are advancing Industrial IoT and sensor bridging applications. Who: Lattice Semiconductor What / When (GMT+2): Tuesday, Sept. 8, 2026 Lattice Demo Showcase Presentations (Track: 12:20 – 13:35, Room Brave 05) “Solving Your Power Puzzle: Lattice FPGAs’ Path to Uncompromised Low Power” “Practical Security Fundamentals for FPGA Engineers” Where: AFRY, Frösundaleden 2A, 169 70 Solna, Sweden The FPGAWorld Conference is an international forum for researchers, engineers, teachers, students, and hackers. It covers topics such as complex analog/digital/software FPGA SoC systems, FPGA/ASIC-based products, educational and industrial cases,

France Becomes First Official Participant at Expo 2030 Riyadh25.8.2026 20:40:00 EEST | Press release

France is the first country to officially sign its Participation Contract for Expo 2030 Riyadh, a major milestone in its preparations and growing international momentum. The signing took place on the sidelines of the visit to France by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260825634516/en/ The ceremony in Paris was attended by H.H. Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of the Kingdom of Saudi Arabia, and Dimitri S. Kerkentzes, Secretary General of the BIE. The Participation Contract was signed by Talal Al-Marri, Chief Executive Officer of Expo 2030 Riyadh, and Jacques Maire, Chairman of the Compagnie Française des Expositions (COFREX). The agreement formally establishes France’s participation in Expo 2030 Riyadh, providing the framework for its presence throughout the six-month event. It spec

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye