Microsoft saves $10 million by reducing carbon dioxide emissions
It has purchased more than 10 billion kilowatt-hours of ‘green power’ for lighting up its offices since July 2012.
These facts came to light in its white paper that was released at the just concluded COP-22 United Nations Climate Change Conference in Marrakech in Morocco.”We seek to serve as a model in our commitment to environmental sustainability by delivering on our carbon neutrality commitment and uncovering new ways technology can help us better understand our planet,” says the paper, quoting Microsoft CEO Satya Nadella.Read more ↓
It says the company’s goal is to reach a point where all greenhouse gas emissions are safely absorbed by healthy forests, soils, and other natural or nature-based infrastructure.
“Since we implemented the carbon fee (July 2012), we have reinvested a portion of the carbon fee investment fund into our company through a range of internal carbon reduction initiatives, such as lighting equipment upgrades and e-waste recycling,” says the paper.
“Specifically, part of the cost of energy that we consume from carbon-based sources is ultimately redirected to invest in projects that reduce the environmental impact of our operationally controlled facilities.”
To establish the price on carbon, the company has a Carbon Neutral Council, a cross-corporate group that provides feedback on and buy-in to the programme.