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Amazon admits it lacks a clear plan to reach net zero carbon emissions by 2040.

Market News
23 Sep 2026
TechCrunch
View Source
Bearish
Amazon admits it lacks a clear plan to reach net zero carbon emissions by 2040.

Amazon's chief sustainability officer, Kara Hurst, openly acknowledged that the company does not yet have a concrete plan to achieve its goal of net zero carbon emissions by 2040. Despite being one of the largest purchasers of clean energy and reducing carbon intensity over time, Amazon faces challenges due to its vast operations across many sectors and recent decisions like building a large natural gas power plant for AI data centers. The company emphasizes that tackling climate change requires collaboration between governments and businesses, but its current strategies reveal the complexity and trade-offs involved in balancing growth and sustainability. This admission highlights the broader difficulty even major corporations face in fully committing to climate goals while pursuing revenue growth.

As of Sep 24, 2026 04:21 WIB, Amazon (AMZN) trades at USD 249.40 on Pluang, down 2.19% in the past day. Despite its ambitious sustainability goals, the stock shows a strong buy sentiment with 94% of Pluang orders favoring purchases. The company's market cap stands at $2.75 trillion, reflecting its massive scale amid ongoing challenges balancing growth and environmental commitments.

More News (AMZN)

Meta's Muse AI app surges in popularity but faces Amazon's block on purchases.

Meta's Muse AI app surges in popularity but faces Amazon's block on purchases.

Meta's new Muse AI personal agent app has quickly risen to the top of Apple's App Store, boosting Meta's stock by over 20% in two weeks. The app offers features like booking appointments, shopping across sites, and monitoring home security, but Amazo...

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Neutral
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Amazon adds Affirm BNPL option in UK, offering flexible installment payments at checkout.

Amazon adds Affirm BNPL option in UK, offering flexible installment payments at checkout.

Amazon has partnered with Affirm to introduce buy now, pay later (BNPL) installment options for UK customers. Shoppers can select Affirm at checkout and receive instant eligibility decisions, paying for purchases over £50 either in three interest-fre...

Market News
Bullish
8 hours ago
Shopify falls 5% as Meta's Muse deal rally unwinds; Amazon blocks Muse AI assistant.

Shopify falls 5% as Meta's Muse deal rally unwinds; Amazon blocks Muse AI assistant.

Shopify's stock dropped 5% after an initial rally on its partnership with Meta Platforms to enable the Muse AI assistant for agentic checkout across Shopify stores. Meanwhile, Meta's stock rose 2% despite Amazon blocking Muse from its platform, citin...

Market News
Neutral
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US AI hyperscalers face financial strain amid rising CapEx and leverage, sparking risk concerns.

US AI hyperscalers face financial strain amid rising CapEx and leverage, sparking risk concerns.

Leading US AI companies like Google, Microsoft, Meta, Oracle, and Amazon are driving economic growth with heavy capital spending. However, their rapid investment and financial moves, including Alphabet's $80 billion equity raise and unclear AI spendi...

Market News
Bearish
1 day ago
Trump made over 1,100 securities trades in July, including $25M sales of Microsoft and Amazon shares.

Trump made over 1,100 securities trades in July, including $25M sales of Microsoft and Amazon shares.

In July, President Donald Trump disclosed 1,156 securities transactions totaling between $79 million and $270 million. The largest trades included sales of Microsoft and Amazon shares worth between $5 million and $25 million each on July 20. This act...

Market News
Neutral
1 day ago
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