Amazon Expands Carbon Credit Service for Suppliers to Invest in Lower Carbon Fuels
Amazon has expanded its carbon credit service, allowing suppliers to invest in credits from lower carbon shipping fuels and superpollutant gas destruction. This initiative is part of Amazon's Sustainability Exchange, launched in 2024, to provide sustainability tools to its supply chain. The service includes lower-carbon fuel inset credits and superpollutant neutralization credits, promoting renewable diesel and biodiesel production. Amazon aims to enhance transparency and quality in the carbon market through this offering.
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Amazon has expanded its carbon credit service, enabling suppliers to invest in carbon credits from lower carbon fuels and the destruction of superpollutants. This expansion is part of the Sustainability Exchange launched in 2024 to assist companies in reducing their climate footprints.
The service includes lower-carbon fuel inset credits for renewable diesel and biodiesel, and superpollutant credits for gases like methane. Amazon's current offerings focus on waste-based feedstocks, with plans to include lower-carbon maritime fuel credits. The initiative aims to provide transparency and quality in the carbon market.
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