The Hill reports PayPal pledges to achieve net-zero greenhouse-gas emissions by 2040 | TheHill

From The Hill:

PayPal on Tuesday announced that they pledge to achieve net-zero greenhouse gas emissions by 2040, Bloomberg News reported.

By 2023, the payment giant vows to use renewable energy sources to power its data centers and pledged that by 2025 that they will reduce operational greenhouse gases by 25 percent.

In an email to Bloomberg, PayPal’s chief technology officer Sri Shivananda said, “Our climate action goes beyond our science-based targets.”

“As we continue to develop more effective and efficient payment solutions, we have an opportunity to identify financial-inclusion solutions that build greater climate resilience and maximize outcomes for underserved communities hit hardest by climate-related extreme events.”

Continue reading PayPal pledges to achieve net-zero greenhouse-gas emissions by 2040 | TheHill on The Hill

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