Amazon targets to become 80% renewable energy-based by 2024

American multinational technology company Amazon has partnered with Global Optimism to launch the Climate Pledge, a commitment to meet the Paris Agreement 10 years early. Amazon is the first company to sign to the Climate Pledge, meaning it has set a target to become net-zero across its businesses by 2040, ten years earlier to the 2050 target set during the Paris Climate Change Agreement. The technology company plans to achieve the pledge by becoming 80% renewable energy-based by 2024 and 100% renewables-powered by 2050. The firm has plans to increase its investments in renewable energy to address its carbon footprint. Amazon has launched 15 utility-scale wind and solar renewable energy projects that will generate over 1,300MW of renewable capacity and deliver more than 3.8 million MWh of clean energy annually – enough to power 368,000 US homes. The company has also installed more than 50 solar rooftops on fulfilment centres and sort centres around the globe that generate 98MW of renewable capacity and deliver 130,000MWh of clean energy annually. Furthermore, the tech company plans to invest $100 million in reforestation through the Right Now Climate Fund to protect forests, wetlands and peatlands in partnership with The Nature Conservancy.