These days big companies seem to be taking corporate responsibility seriously.
"The company announced an aggressive program to cut carbon emissions by more than half by 2030, both for our direct emissions and for our entire supply and value chain," Microsoft noted in a press release.
"While the world will need to reach net zero, those of us who can afford to move faster and go further should do so,” said Microsoft's president Brad Smith in his blog.
“That's why today we are announcing an ambitious goal and a new plan to reduce and ultimately remove Microsoft's carbon footprint."
People, including our own Jim Cramer, are applauding the company’s decision since the news broke out.
You might be wondering what exactly ‘carbon negative’ is, right?
In simple words, carbon negative means that a company is removing more carbon from the atmosphere than it emits.
So, how is Microsoft planning to do it?
Here’s it's game plan:
1) Afforestation and Reforestation: Starting new forests and expanding existing ones.
2) Soil Carbon Sequestration: Removing carbon from atmosphere and storing it in soil.
3) Bioenergy with carbon capture and storage: Extracting bioenergy from biomass and capturing and storing the carbon.
4) Direct air capture: Capturing carbon dioxide and filtering it.
Microsoft has also pledged to ‘remove all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975’ by 2050.
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