Alphabet’s world-leading commitment to ESG & sustainability
Source: https://sustainabilitymag.com/esg/alphabets-world-leading-commitment-to-esg-sustainability
Author: Charlie Steer-Stephenson
Alphabet, parent of major companies like Google and Youtube, recently released its 2022 Sustainability Impact Report. In the report, the multinational technology holding company outlines its plans to contribute US$5.75bn to environmental, social and governance (ESG) initiatives across its many platforms. From tackling climate change to fighting for racial to economic equity, Alphabet has been dedicated to helping people from all backgrounds live in a more sustainable world since its inception in 2015. While the company claims to be operating successfully, the report explains that it also wants to take more responsibility for its environmental and social impact, for the sake of our planet and the communities inhabiting it. Since its establishment in 1998, Google has taken strides to achieve its trailblazing ESG goals. In 2007 it became the first carbon neutral company for all operations, and just ten years later became the first major company to match its annual electricity usage with renewable energy.