Bezos launches $10 bn fund to combat climate change

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 71%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

'Climate change is the biggest threat to our planet,' said Jeff Bezos, CEO of Amazon and the world's richest man.

His company is often criticized for its environmental record, but Jeff Bezos, CEO of Amazon and the world's richest man, said Monday that he was committing $10 billion to a new fund to tackle climate change.

Hundreds of Amazon employees last month signed a blog criticizing the online retail giant's climate policies and demanding it do more to tackle climate change. "I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share," Bezos said in his announcement on Monday.Bezos, who maintained his status as the world's richest person despite an expensive divorce last year, said his new foundation would begin issuing grants later this year.

Bezos divulged few details on his social media post, which attracted overwhelmingly positive responses from his followers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon boss Bezos launches S$13.9 billion fund to combat climate changeWASHINGTON — His company is often criticized for its environmental record, but Mr Jeff Bezos, CEO of Amazon and the world's richest man, said Monday (Feb 17) that he was committing US$10 billion (S$13.9 billion) to a new fund to tackle climate change.
Source: TODAYonline - 🏆 1. / 99 Read more »

Amazon boss Bezos launches S$13.9 billion fund to combat climate changeWASHINGTON — His company is often criticized for its environmental record, but Mr Jeff Bezos, CEO of Amazon and the world's richest man, said Monday (Feb 17) that he was committing US$10 billion (S$13.9 billion) to a new fund to tackle climate change.
Source: TODAYonline - 🏆 1. / 99 Read more »