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A big climate change stress test is coming for Amazon sellers and suppliers - TL;DR CNBC

A big climate change stress test is coming for Amazon sellers and suppliers

Publishing timestamp: 2023-10-14 10:18:09


Summary

Amazon and other major companies are putting pressure on their suppliers to reduce carbon emissions. Starting in 2024, Amazon will require suppliers to share emissions data and set goals. Suppliers who do not meet these requirements risk losing business. While many suppliers want to reduce emissions, they face resource limitations. Small businesses, in particular, struggle with the costs and time-consuming nature of tracking and reporting emissions. Despite these challenges, suppliers will have to step up soon as companies are currently falling short of their emissions reduction goals.


Sentiment: MIXED

Tickers: CRMAMZN

Keywords: e-commercebusiness newssmall businessemissions reductionclimateclimate changetechnologyenvironmentcarbon neutralitysalesforce incamazon.com incpollution

Source: https://www.cnbc.com/2023/10/14/a-climate-change-stress-test-is-coming-to-amazon-sellers-and-suppliers.html


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