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Amazon rejects AWS climate disclosure proposal
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Amazon's board of directors is urging shareholders to reject a proposal that would have the megacorp disclose more information on the impact of datacenters on its climate commitments.
Key facts
- Earlier this year, CEO Andy Jassy told investors that Amazon had added 3.9 gigawatts of compute capacity during 2025, and he expects to double that by the end of 2027, spending $200 billion
- With its Climate Pledge, Amazon committed to "net-zero carbon emissions by 2040" and match 100 percent of its electricity use with renewable energy by 2030, the proposal says
- While Amazon claims to have met the latter commitment in 2023, the shareholders behind the proposal question whether the company will be able to maintain this in the coming years, given the huge
- This proposal was submitted by Brian Kariger, represented by As You Sow, a nonprofit that advocates corporate responsibility, and Mercy Investment Services, the investor arm of the Sisters of Mercy
Summary
The proposal is one of several shareholder suggestions in the online bazaar's proxy statement , sent to all shareholders ahead of its annual meeting next month. It notes that Amazon has made high-profile climate commitments central to its corporate strategy, but also that the firm's cloud business aims to massively expand its infrastructure over the next several years. This proposal was submitted by Brian Kariger, represented by As You Sow, a nonprofit that advocates corporate responsibility, and Mercy Investment Services, the investor arm of the Sisters of Mercy of the Americas. With its Climate Pledge, Amazon committed to "net-zero carbon emissions by 2040" and match 100 percent of its electricity use with renewable energy by 2030, the proposal says.