Amazon Shifts Gears On Carbon Footprint: Eliminates Shipment Zero, Still On Track To 2040 Deadline For Zero Emissions

Amazon.Com, Inc AMZN recently eliminated its pledge to make 50% of its shipments, called "Shipment Zero," net-zero carbon by 2030.
The company, which also had plans remaining in place to reach carbon emission goals across all its operations by 2040, realized it had immensely underestimated its carbon footprint.
At the time, an Amazon spokesman reiterated the company's commitment to cutting emissions, including ordering a fleet of electric delivery vans and buying renewable energy for its electricity needs, Business Insider reports.
Amazon's e-commerce operation leans on vast fleets of vehicles and aircraft to quickly deliver packages to consumers, most of which consume vast quantities of fossil fuels and discharge greenhouse gases.
However, fast delivery holds crucial significance for shoppers and is the company's Prime program's main unique selling point (USP).
Price Action: AMZN shares traded higher by 1.50% at $121.91 premarket on the last check Tuesday.
Photo via Wikimedia Commons

Momentum70.51

Growth94.17

Quality70.67

Value49.95

Short

Medium

Long