Microsoft released its first annual sustainability report recently and announced that progress toward sustainability goals will be included as a factor in determination of executive pay, starting next fiscal year. This is as part of its one-year update of its 10-year strategy to become carbon negative, water positive, zero waste and develop a planetary computing platform.
Update includes:
- New investments in carbon removal and capture technologies, including funding for 26 carbon removal projects to effectively remove more than 1.3 million metric tons of carbon dioxide from the atmosphere this fiscal year. Microsoft also announced additional investments from its $1 billion Climate Innovation Fund.
- Microsoft is releasing its first annual sustainability report, which highlights the company’s 6% carbon reduction in fiscal year 2020. In addition to showcasing progress spanning our commitments and business groups, the report discusses six enabling conditions we need to be successful in the coming years: risk recognition, standards setting, data digitization, innovation investment, market maturation, and policy progression.
To View 2020 Sustainability Report aka.ms/MSFTsustainabilityreport
