Amazon warns climate change could disrupt its business in annual filing
Publishing timestamp: 2024-02-02 17:02:06
Summary
Amazon has added new disclosures about climate change to its annual filing, warning investors that it could have a material effect on its business. The company acknowledges that climate change could lead to increased costs, decreased demand, and reputational damage. However, Amazon has set ambitious climate goals and is taking steps to address its environmental impact, including plans to be carbon neutral by 2040 and power its operations with renewable energy sources.
Sentiment: MIXED
Keywords: rivian automotive inc, amazon.com inc, internet, breaking news: technology, technology, business news, climate,