IBM has set a major new goal, planning on reaching net zero greenhouse emissions by 2030.
Companies large and small are making climate change an important part of their agenda. Especially with the Biden administration bringing the US back into the Paris Agreement, companies can no longer afford to go about business as usual without also factoring in their environmental impact.
IBM is the latest company committed to addressing climate change, with plans to reach net zero greenhouse emissions by 2030.
“I am proud that IBM is leading the way by taking actions to significantly reduce emissions,” said Arvind Krishna, Chairman and Chief Executive Officer, IBM. “The climate crisis is one of the most pressing issues of our time. IBM’s net zero pledge is a bold step forward that strengthens our long-standing climate leadership and positions our company years ahead of the targets set out in the Paris Climate Agreement.”
To reach its goal, the company plans on reducing its greenhouse gas emissions 65% by 2025, against its base year 2010. Renewable resources will also make up 75% of its electricity worldwide by 2025, and 90% by 2030. Finally, the company will use carbon capture and other technologies to remove emissions equaling or exceeding what it generates.
As one of the biggest names in tech, IBM’s announcement serves as an example for other companies to follow.