Microsoft Corp (NASDAQ:MSFT) is committed to restoring parts of Brazil’s Amazon and Atlantic forests for carbon credits.
The company told the Financial Times it inked a deal to buy 3.5 million credits over two years from Brazil startup Re.green.
The deal could be worth approximately $200 million.
In 2023, Microsoft’s carbon footprint exceeded 17 million tons of carbon dioxide, a 40% increase from 2020.
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Data Center Growth: Big Tech giants, including Microsoft, Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Amazon.com Inc (NASDAQ:AMZN), remain invested in their …Full story available on Benzinga.com