Microsoft to erase its carbon footprint, past and future, in climate push [Reuters]
Microsoft Corporation (MSFT)
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Source: Reuters
Microsoft to erase its carbon footprint, past and future, in climate push (Reuters) - Microsoft Corp ( MSFT.O ) on Thursday set a new ambition among Fortune 500 companies in addressing climate change, pledging to remove as much carbon as it has emitted in its 45-year history. The focus on removing existing carbon from the atmosphere sets Microsoft’s climate goals apart from other corporate pledges which have focused on cutting ongoing emissions or preventing future ones. “If the last decade has taught us anything, it’s that technology built without these principles can do more harm than good,” Chief Executive Satya Nadella said at a media event at Microsoft’s headquarters in Redmond, Washington. “We must begin to offset the damaging effects of climate change,” he said, adding if global temperatures continue to rise unabated “the results will be devastating.” The plan includes the creation of a “Climate Innovation Fund,” which will invest $1 billion over the next four years to speed
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