“How will we tell our children that we knew we had such a small window to leave fossil fuels in the ground?” Watch this Amazon employee confront Jeff Bezos over inaction on climate changepic.twitter.com/yqsb6YZEbe
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From our open letter: "Our sustainability goals lack context. For example, we’ve set a goal of at least 50 solar installations in warehouse facilities by 2020. This represents only 6% of buildings in our global fulfillment network and a fraction of our overall carbon footprint."
Until Feb (which is *after* employees started pressuring the company), Amazon hadn't announced any new deals to supply clean energy to its data centers since 2016. (Amazon Web Services makes more money than McDonalds). Meanwhile we were busy wooing oil and gas companies.
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Check out
@bcmerchant's great reporting on this:https://gizmodo.com/amazon-is-aggressively-pursuing-big-oil-as-it-stalls-ou-1833875828 … -
In addition to all of this, Amazon fails to see climate as a strategic driver of both risks and opportunities. Or to understand that climate poses *significant* financial risk, which I wrote about here:https://twitter.com/emahlee/status/1119687611667193856 …
The climate crisis poses *significant* financial risks to Amazon. And not just in the usual ways one expects, like disruptions to business operations. What and how big are these risks? Investors need transparency on Amazon's risk assessment and management plans. THREAD
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