Bezos Invests $10 million as Amazon Steps in its Philanthropic Expeditions

This investment was a cause to fight the climate changes which the CEO considers as the major problem of the hour.

jeff Bezos
Credit : Flickr

The biggest announcement of the era came from the Amazon CEO Jeff Bezos, who, on Monday, stated of investing $10 million. This investment was a cause to fight the climate changes which the CEO considers as the major problem of the hour. These funds will go straight to the creation of the “Bezos earth fund”. This program is an exquisite initiative taken up by the CEO to restores Mother Nature with all that’s possible.

Bezos the savior

According to our sources, Bezos stated in his Instagram account that the investment is wholly focused on raising a global initiative. This global initiative will be engrossed in preserving and protecting the natural world. Bezos stated that he genuinely wants to work beside other ecologists to explore the various ways of conserving the planet. He wants to take a look towards know as well as the unknown paths of saving the climate from devastating impacts. The entrepreneur added that this initiative would not work single-handedly. It would require optimistic support from other organizations as well as large MNCs.

Critics reveal facts

Many of the amazon staff, as well as field experts, stated that amazon stands as the biggest injury towards nature. They all together have applauded their CEO’s initiative in conserving Mother Nature, but yet it can’t stand with only one person’s effort. The critics also raised the cause that Amazon funds oil and gas companies like the Competitive Enterprise Institute. This makes Amazon itself as one of the major factors for destructive nature. The employees also revealed that Amazon sort to fire might consist of their employees if anybody would raise allegations against the company. The critics announced that leaving their CEO, the rest of the company, is not concerned with climatic changes. They raised factors like when would Amazon contemplate about the lungs of children living near oil factories and modernized using electric over diesel trucking.

A global initiative by the employees

In April, thousands of amazon’s employees signed a contract addressing it to the administrators and the CEO. The contract demanded the company should withdraw from the funding of such companies whose operations provide a threat to nature. Almost 1700 of a total number of employees joined a walkout, which focused on bringing Amazon as the main lead in climate heal. They stated as being one of the largest and the great companies, Amazon’s role should be facing the climate crisis and taking the lead in it.

Amazon making true promises

 The company, in response to the revokes, pledged to incorporate 100% of renewable energy by 2030. Added to its promises that it will be using carbon neutrality by 2040. The company also ensured to purchase 100,000 emission-free electric vehicles as well as will invest hundreds of million dollars for the raising of the same cause. The company elongated the chain of its promises, hearing to the revokes and the demands and pledge to replace behemoth ships with planes and electric trucks.

Thus at the end of the day, nature would be at its best if humankind stretches over efforts in conserving it. Bezos, the first richest along with Bill Gates, the second, has taken up separate and unique initiatives on facing the issues of climate crisis in a helpful manner.

Also Read: Amazon’s Jeff Bezos Buys a Whopping $165 Million House in Beverly Hills

Have a tip we should know? tips@rhd.news

Most Read

  1. News
    Pandora Papers Financial Leak Shows Us the Secrets of the World’s Rich and Powerful
    3 years ago
  2. Health
    US Supreme Court Rejects J & J TALC Cancer Case Appeal
    3 years ago
  3. Lifestyle
    9 Habits that Drain your Daily Focus and How to Avoid Them
    3 years ago
  4. BUSINESS
    Women’s Demand for Shapewear – the big Trends
    3 years ago
  5. BUSINESS
    Valentino Launches its Cosmetics Line
    3 years ago
  6. Health
    US Promises to Share 60 million Doses of AstraZeneca Vaccines
    3 years ago
  7. Health
    UK Offers Aid Amid Surging COVID-19 Cases in India
    3 years ago
  8. Sports
    Thousands of fans welcome Charlton funeral cortege at Old Trafford
    7 months ago
  9. News
    Brit left fighting for life after train derails in Argentinia
    7 months ago
  10. BUSINESS
    Dubai faces down airline rivals with $50 bln jet orders
    7 months ago
  11. Sunak
    UK’s Sunak brings back Cameron, sacks Braverman
    7 months ago
  12. Sports
    Man United’s Hojlund, Eriksen withdrawn from Denmark team duty
    7 months ago
  13. Health
    Autumn Sneezing Syndrome is on the rise… here’s what you can do
    7 months ago
  14. Canada
    Canada beat Italy to win Billie Jean King Cup for first time
    7 months ago

Follow @rushhourdaily: