Tech giant Microsoft is investing in climate tech solutions that can help reduce energy use and emissions. We dig into the company’s strategy to establish a foothold in the space and reach its carbon-negative goal.
Bringing down emissions is becoming a priority for enterprises.
Under pressure from consumers and investors, more and more companies are announcing goals of reaching net-zero carbon output. Meanwhile, earnings call discussions mentioning sustainability topics have become much more common in the last few years.
For Microsoft, this represents a business opportunity. Thousands of large businesses hankering after new software for sustainability-related tasks like emissions tracking and management plays to Microsoft’s strengths in cloud computing and serving enterprises.
The tech giant has also emphasized sustainability in its own public relations efforts, announcing plans to be carbon negative by 2030 and fund projects to “remove” all of its historical emissions by 2050. Further, since 2020, the tech giant has funneled funds into climate tech via its $1B Climate Innovation Fund (CIF).
Using CB Insights data, we explore how Microsoft is investing in technologies and partnering with other companies to develop ways to optimize energy use and reduce emissions.
What is Microsoft doing to optimize energy use & reduce emissions?
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