Jeff Bezos’ $10 Billion Earth Fund Pulls Support From Key Climate Initiative: What Happened? Amazon Founder Jeff Bezos’ $10B Earth Fund Halts Backing For Prominent Climate Initiative: What Happened? – Amazon.com (NASDAQ:AMZN)
The Earth Fund—a $10 billion initiative founded by Amazon.com Inc. AMZN founder Jeff Bezos—has discontinued its support for the Science Based Targets initiative (SBTi), a major verifier of corporate climate goals that influences how companies like Apple Inc. AAPL and H&M attain a “net zero” label. What Happened: The Earth Fund’s decision to withdraw support…