Amazon’s New Service Boosts Access to High-Quality Carbon Credits
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📰 The quick summary: A new carbon credit service launched through Amazon’s Sustainability Exchange enables qualified companies to access high-quality, science-based carbon credits to accelerate climate action and environmental protection.
📈 One key stat: Amazon aims to reach net-zero carbon emissions by 2040, making high-quality carbon credits crucial for financing critical environmental projects.
💬 One key quote: “Chief Sustainability Officer Kara Hurst highlighted the importance of investing in nature-based solutions, emphasizing that reversing deforestation is critical in mitigating climate change.”
1️⃣ The big picture: Amazon has just launched a new carbon credit service through its Sustainability Exchange platform. The service provides vetted, high-quality carbon credits to qualified companies that have demonstrated serious climate commitments. To participate, companies must have net-zero targets covering all emission scopes, report their greenhouse gas emissions publicly, and follow science-based decarbonization plans. This initiative supports suppliers, business customers and Climate Pledge signatories in their sustainability efforts while also driving funding to critical environmental projects.
2️⃣ Why is this good news: High-quality carbon credits now become more accessible to companies serious about climate action. The service helps channel private sector funding directly to verified environmental projects that deliver measurable climate benefits. By focusing on science-based, high-integrity credits, the initiative raises standards in the voluntary carbon market. The platform’s strict eligibility criteria encourages more companies to adopt comprehensive climate targets and transparent emissions reporting.
3️⃣ What’s next: Companies meeting the eligibility requirements can start accessing carbon credits through Amazon’s Sustainability Exchange. Several organizations including Flickr, Steelcase, Slalom and Corsair have already joined the service. Amazon plans to continue expanding the platform while maintaining strict quality standards for carbon credit projects. The company also aims to drive further collaboration between businesses to accelerate climate action.
Read the full story here: Carbon Herald – Amazon Expands Sustainability Efforts With High-Quality Carbon Credit Service
