Amazon.com Inc.

"Amazon.com Inc. has pledged to reach net-zero carbon by 2040. Corporate Climate Responsibility Monitor 2023
This commitment was made as part of The Climate Pledge, which Amazon co-founded in 2019. Corporate Climate Responsibility Monitor 2023
However, the company's net-zero carbon pledge is currently unsubstantiated, with no explicit reduction target for its own emissions and a significant role envisaged for offsets. Corporate Climate Responsibility Monitor 2022
Amazon has also set targets to source 100% of its used electricity from renewable sources by 2025 and for 50% of its shipments to be net-zero by 2030. Corporate Climate Responsibility Monitor 2023"

Current Score (vs. LY)

40.3 pts (2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #98

DOW30: #24

Consumer Discretionary: #13

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 12,110,0009,620,0005,760,000
Scope 2 - location-based NA00
Scope 2 - market-based 4,070,0005,270,0005,500,000
Scope 1-2 - location-based 12,110,0009,620,0005,760,000
Scope 1-2 - market-based 16,180,000 14,890,000 11,260,000
Scope 3 55,370,00045,760,00039,910,000
Total - location-based 67,480,00055,380,00045,670,000
Total - market-based 71,550,000 60,650,000 51,170,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 78,275,23171,550,000
Methodology Previous year intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Amazon.com Inc. belongs to the sector Consumer Discretionary.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2S3MKT 100.0 2019 2040


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3LOC FULL 2040


Science-based Targets (SBTI)

Date Published / Updated :01/06/2020

Near-term Long-Term Net Zero Standard
Removed No target No
Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Amazon by zerotracker.net: Jan. 31, 2024
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • Avoid social harm
  • Avoid biodiversity harm
  • Must be high environmental integrity
Plans for carbon dioxide removal (CDR) No

Additional notes: Amazon is achieving our commitment to The Climate Pledge through two complementary actions: carbon elimination and, for remaining carbon impact that cannot be eliminated, carbon neutralization. First and foremost, we are innovating and investing to eliminate emissions within the value chain of our businesses. Second, we are driving meaningful and necessary actions outside of our value chain, through nature-based and technological solutions, to enable a credible carbon market for companies that will need to neutralize remaining emissions. As stated in The Climate Pledge, these solutions must be additional, quantifiable, real, permanent, and socially-beneficial. https://sustainability.aboutamazon.com/amazon-2021-carbon-neutralization.pdf Various conditions set for offsetting projects https://sustainability.aboutamazon.com/amazon-2021-carbon-neutralization.pdf

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 10.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 0.0 10.0 0.0
Transparency 20.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 7.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 3.333333333333334 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 0.0 10.0 -2.5
Commitments 10.333333333333334 40.0 -2.5
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 10.0 10.0 5.0
Results 10.0 30.0 5.0
Total 40.3 100.0 2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 5.0 0.0 2.5
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? full 5.0 / 5.0 5.0 0.0 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? F 0.0 / 10.0 0.0 0.0 0.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include an intermediate target by 2030? 2040 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 4.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2040 1.7 / 5.0 1.7 0.0 1.7
Target year for achieving net zero emissions for S1+S2+S3 combined? 2040 1.7 / 5.0 1.7 0.0 1.7
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Removed NA 0.0 / 10.0 2.5 -2.5 2.5
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 5.0 5.0 5.0
Total 40.3 / 100.0 37.8 2.5 32.8


Available Data Sources

Reporting Year 2022 2021 2021 2021 2020 2019
Source Wikirate (NV) Public Yourstake Wikirate (NV) Public Public
Publication Year unknown 2022 2022 2022 2021 2021
Scope 1 13,400,000 12,110,000 12,110,000 12,110,000 9,620,000 5,760,000
Scope 2 - location-based 2,890,000 NA NA 4,070,000 0 0
Scope 2 - market-based NA 4,070,000 4,070,000 NA 5,270,000 5,500,000
Scope 1-2 - location-based 16,290,000 12,110,000 12,110,000 16,180,000 9,620,000 5,760,000
Scope 1-2 - market-based NA 16,180,000 16,180,000 NA 14,890,000 11,260,000
Scope 3 54,980,000 55,370,000 55,360,000 55,360,000 45,760,000 39,910,000
Total - location-based 71,270,000 67,480,000 67,470,000 71,540,000 55,380,000 45,670,000
Total - market-based NA 71,550,000 71,540,000 NA 60,650,000 51,170,000

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email