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SHRINKING OUR CARBON FOOTPRINT.

We know that to make a real difference, we need to act on our emissions, contribute to projects solving the climate crisis, and reduce the CO₂ that we produce.

We’re setting a bold ambition to reduce our emissions by 50% by 2030. We aim to achieve this by working with our suppliers to reduce their emissions, reviewing the carbon intensity of cloud regions when we expand our cloud infrastructure, buying zero-carbon electricity, and reducing business travel and commuting.

FOLLOWING THE EXPERTS’ LEAD.

Our approach is inspired by the WWF and BCG Blueprint for corporate climate action. We celebrate their strategy of sharing, reducing, pricing emissions, and then contributing to climate action.

1.

Account and disclosure

2.

Reduce emissions

3.

Quantify financial commitment by pricing remaining emissions

4.

Invest the financial commitment for climate and nature impact

INTRODUCING OUR INTERNAL CARBON TAX.

We’re ensuring the highest possible impact through reducing our emissions and also taking responsibility for what we still emit. So we’re introducing an “internal carbon tax” and make an annual contribution to the climate impact projects based on the amount of tonnes of CO₂ equivalent we emit.

1.

Scope 1, 2, and Travel emissions will be taxed at $100/tonne

2.

The remaining scope 3 emissions will be taxed at $10/tonne

The total annual contributions will be dedicated to a Climate Transformation program guided by an expert group and powered by Milkywire, our Give One partner, focusing on funding a broad range of climate projects (e.g., carbon removal, blue carbon initiatives, reforestation, forest protection, and high-impact emission reduction projects).

This strategy holds us to account and drives us to continuously find ways to reduce our carbon footprint over time. And it gives us the opportunity to support important projects needed to solve the climate crisis. In the near future, our ambition will result in clearer targets to further introduce mechanisms that will help us reduce our emissions.