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
PMC Organometallix Announces Price Increase on All Products25.4.2026 00:02:00 EEST | Press release
Due to significant changes in market conditions, PMC Organometallix, Inc. announces that effective May 1, 2026, or as contracts permit, prices across all product lines globally will increase by 10-25%. This adjustment is driven by sustained cost pressures from key inputs including rising raw material costs and escalating freight and logistics expenses. While the company has been absorbing these increases, the current economic environment brought on by the geopolitical crisis of the Iran conflict requires this adjustment to continue providing the high-quality, consistent materials and supply reliability that customers expect. PMC Organometallix will implement these changes in a transparent, collaborative manner and values your partnership while navigating these economic challenges. Customers with questions or to discuss a specific situation should contact their account representative. About PMC Group PMC Group is a growth-oriented, diversified, global chemicals and plastics company deli
Frankfurt Higher Regional Court upholds BESREMi ® arbitral award in favor of AOP Health24.4.2026 19:52:00 EEST | Press release
Today, the Higher Regional Court of Frankfurt upheld the February 20251 partial final ICC arbitral award in favor of AOP Orphan Pharmaceuticals GmbH (“AOP Health”) in its dispute with PharmaEssentia Corp. (“PharmaEssentia”). The ruling confirms the award which found the Taiwanese company to be liable for certain damages. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424005227/en/ Portrait Dr. Rudolf Widmann, Founder AOP Health Credit: AOP Health/Daniel Ospelt Dr. Rudolf Widmann, one of the two founders of AOP Health, explains: “We very much welcome the Frankfurt Higher Regional Court’s decision that confirms our position. In the interest of our patients, we are dedicated to maintaining stable and sustainable access to BESREMi® and to responsibly navigating future challenges.” The Product in Dispute The conflict centers around BESREMi® (ropeginterferon alfa-2b), a product launched in 2019 and developed by AOP Health into
Compass Pathways Announces FDA Granted NDA Rolling Review Request and Awarded Commissioner's National Priority Voucher24.4.2026 17:37:00 EEST | Press release
Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the U.S. Food and Drug Administration (FDA) granted Compass NDA rolling review request and selected COMP360, Compass’ proprietary formulation of synthetic psilocybin, for the Commissioner's National Priority Voucher (CNPV) program for treatment-resistant depression (TRD). Companies selected for the voucher program will be entitled to benefits including enhanced communications and a shortened 1-2 month review time following filing of a New Drug Application (NDA), while maintaining FDA’s rigorous safety and efficacy standards. “We are honored and grateful to be selected for the CNPV which is a clear validation of both the urgent unmet need facing millions of people living with treatment resistant depression and the innovative science of COMP360,” said Kabir Nath, Chief Executive Officer of Compass Pathways. “As the most advan
Banma Intelligence and Alipay Launch AI Cockpit Solution Powered by Alipay AI Pay, Enabling Seamless and Secure In-Car Transactions by Voice24.4.2026 17:04:00 EEST | Press release
At the 2026 Beijing International Automotive Exhibition (“Auto China 2026”), OS and AI technology company Banma Intelligence and Alipay today launched a new AI cockpit solution integrating Alipay AI Pay, enabling drivers to complete purchases by voice command directly from their vehicle. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424618328/en/ Industry-first AI Cockpit Solution with Alipay AI Pay Unveiled “In the past two years, smart cockpits have achieved rapid advances in perception and decision-making,” said Ming Cai, Banma Intelligence Chief Product Officer. “With large models onboard, vehicles can understand user intent and make recommendations. By integrating Alipay AI Pay into our AI cockpit solution, we are removing the last friction point in the in-car smart cockpit experience - drivers simply speak to pay, no phone required.” The new AI cockpit solution initially covers two high-frequency use cases: enterta
Spatial Announces the Release 2026 1.0.1: New Enhancements Across 3D InterOp, Data Prep, Meshing, and 3D Modeling SDKs24.4.2026 16:21:00 EEST | Press release
Spatial Corp., the leading software development kit provider for design, manufacturing and engineering solutions and a subsidiary of Dassault Systèmes, today announced new enhancements across several of its product lines. These updates further strengthen Spatial’s commitment to delivering high-performance solutions that optimize interoperability, data preparation, and advanced modeling workflows. Designed to improve efficiency and robustness across CAD translation, modeling, meshing, and simulation processes, the latest updates introduce expanded format support, enhanced PMI handling, and new capabilities for complex geometry processing. 3D InterOp NX Reader Enhancement for 2D Drawings The NX reader imports 2D drawings as visualization data from NX 2412 and later versions. glTF Writer Supports Draco Compression glTF export incorporates Draco compression for meshes and point-clouds to significantly reduce output file sizes. Enhanced Support for Reading Product Manufacturing Information
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
