Best Buy, McKinstry, Real Betis, Schneider Electric, and Siemens Sign The Climate Pledge
24.9.2020 13:00:00 EEST | Business Wire | Press release
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200924005390/en/
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
ICC Arbitral Tribunal Issues Quantum Award for AOP Health in BESREMi® Proceedings7.8.2026 20:48:00 EEST | Press release
An ICC Arbitral Tribunal has awarded AOP Orphan Pharmaceuticals GmbH (“AOP Health”) a total of about EUR 112 Mio in a quantum award issued in the ongoing arbitration proceedings with PharmaEssentia Corp. (“PharmaEssentia”) concerning BESREMi® (ropeginterferon alfa-2b). The award quantifies AOP Health’s damage claims for PharmaEssentia’s intentional breaches at ca. EUR 82 Mio. It also awards AOP Health ca. EUR 31 Mio plus interest as reimbursement for AOP Health overpayments made to PharmaEssentia as a result of excessive pricing in the years 2019-2022. The Tribunal thereby confirmed that PharmaEssentia has been overcharging AOP Health by up to 900% over these years. The Tribunal affirmed AOP Health's valid set-off of the profit-sharing payments amount owed to PharmaEssentia of approximately EUR 17 Mio against AOP Health's substantially exceeding damages claims. This means that AOP Health shall not make any payment to PharmaEssentia. Interest on AOP Health’s claims will continue to accr
Coulson Aviation Canada Acquires 10 Former RCAF Hercules, Doubling C-130H Fleet7.8.2026 20:16:00 EEST | Press release
Coulson Aviation Canada, the Canadian division of Coulson Aviation, has acquired 10 former Royal Canadian Air Force CC-130H Hercules aircraft from the Government of Canada. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260807019094/en/ Britton Coulson, left, and Wayne Coulson stand in front of one of 10 former Royal Canadian Air Force CC-130H Hercules aircraft recently acquired by Coulson Aviation from the Government of Canada. At right is a Coulson C-130H outfitted for aerial firefighting with the company’s proprietary RADS-XXL retardant delivery system, capable of carrying up to 4,000 U.S. gallons, or more than 15,000 litres, of water or fire retardant. The acquisition doubles Coulson’s global C-130H fleet to 20 aircraft, expanding its capacity to build the world’s largest C-130 airtanker fleet. The acquisition doubles Coulson’s global C-130H fleet from 10 aircraft to 20 and gives its Canadian division the scale to build
Energy Vault Announces Strategic Agreement to Deploy 1.25 GW of Integrated Power Infrastructure for Hyperscaler AI Data Center with Leading Power Generation EPC Deploying Caterpillar Gensets7.8.2026 19:16:00 EEST | Press release
Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a global leader in sustainable energy infrastructure, today announced the execution of a strategic commercial agreement under which Energy Vault will supply battery energy storage systems ("BESS"), grid-forming power conversion systems and AI infrastructure controlsoftware to support an initial deployment totaling 1.25 gigawatts ("GW") of integrated power infrastructure for hyperscaler AI data centers. The agreement establishes a repeatable AI power infrastructure platform that combines dispatchable power generation, intelligent battery energy storage, grid-forming inverter systems, advanced AI infrastructure controls software and turnkey EPC and plant integration into a single integrated solution designed specifically for hyperscaler AI data centers and high-performance computing campuses. The companies will jointly deploy fully integrated, off-grid power systems capable of bringing AI compute capacity online significantly fas
SES Advances Next-generation MEO Strategy Following Successful Completion of IRIS² Rendez-vous 17.8.2026 11:52:00 EEST | Press release
SES today announced the successful completion of Rendez-vous 1 (RDV1) under the Infrastructure for Resilience, Interconnectivity and Security by Satellite (IRIS²) programme, marking a key milestone in the programme's implementation phase and reinforcing Europe's path towards sovereign, resilient and secure satellite connectivity. The successful completion of RDV1 confirms the programme's readiness to move forward with implementation and provides greater visibility on the long-term scope, performance and economics of the MEO segment. SES's expected capital commitment for the MEO segment is up to €1.35 billion, reflecting current programme scope, while maintaining the deployment of 18 MEO satellites and the targeted service entry in 2030. SES’s share of the investment in the IRIS² programme for 2026 is included in SES’s FY26 Capex outlook as previously communicated. No future exceptional cash proceeds will be used to fund the project. Since the signing of the IRIS² Concession Contract in
Allianz Delivers Record Result and Is Well on Track to Achieve Its Targets7.8.2026 08:10:00 EEST | Press release
2Q 2026 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260806509750/en/ Oliver Bäte, Chief Executive Officer of Allianz SE Total business volume at 45.6 billion euros, an internal growth of 5.7 percent1, with contributions from all segments. Asset Management delivers excellent growth. Operating profit rises 10.6 percent to a record level of 4.9 billion euros. Shareholders’ core net income at 2.6 billion euros; 12.7 percent below last year. Adjusted for a divestment gain last year and offsetting measures following the sale of the stake in our Indian JVs, underlying growth is strong at 10 percent. 6M 2026 Total business volume at 98.6 billion euros, an internal growth of 4.3 percent1, driven by Property-Casualty and especially Asset Management. Operating profit rises 8.6 percent and reaches a record level of 9.4 billion euros. Shareholders’ core net income advances 15.5 percent to 6.4 billion euros. Adjusted for divestment eff
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
