Four of Microsoft’s top leaders received the prestigious honor for their collaborative leadership to transform Microsoft into a carbon negative company by 2030 and to remove all of the company’s historical emissions by 2050: CEO Satya Nadella, President and Vice Chair Brad Smith, Chief Financial Officer Amy Hood, and Chief Environmental Officer Lucas Joppa.
CEF Founder MR Rangaswami explained what set the team’s approach apart: “Nadella, Hood, Smith and Joppa have exhibited a remarkable level of joint ownership of this moonshot initiative - this is the first time we’ve seen a CEO/President/CFO/Environmental Sustainability coalition like this. They’ve defined a new model for what corporate-wide climate leadership looks like while sending a clear message that sustainability is core to Microsoft’s business strategy for the decades ahead.”
With this team at the helm, Microsoft is moving aggressively to advance its vision to make a positive impact globally on the climate, while proving that such steps can also be good for business. By 2025, the company will shift to 100% renewable energy for its data centers, buildings, and campuses, and it will protect more land than its operations use. By 2030, it will match 100% of its electricity consumption, 100% of the time, with zero-carbon energy purchases - and will push beyond that to actually become carbon negative: to remove more carbon from the environment than the company emits. Their approach is holistic, connecting the dots to other aspects of planetary health - including a commitment to replenish more water than the company uses - a goal known as “water positive” - and a pledge to achieve zero waste for its direct operations, products and packaging.
The team has led Microsoft to look beyond the company’s own walls to create the enabling environment for change at scale. The company has set up a $1 billion Climate Innovation Fund to help accelerate the global development of carbon reduction, capture, and removal technologies.
It is also building a Planetary Computer platform to help monitor, model, and manage Earth's natural systems. Beyond that, Microsoft has co-founded a new Green Software Foundation to help reduce emissions within the software industry by 45% by 2030, working with co-founders Accenture, GitHub, and ThoughtWorks to develop new standards, tools, and leading practices.
ABOUT CEF
CEF is an invitation-only network of leading executives from Fortune and Global 500 companies driving sustainability strategy and innovation worldwide. Members include Fortune and Global 500 companies from diverse industries with combined revenues of $4 trillion. CEF provides a year-round safe, neutral space for influential executives to exchange best practice, collaborate, and innovate. The diversity of executives, coupled with the cross-industry nature of CEF, creates a world-class platform to accelerate sustainable business problem solving and innovation.
ABOUT THE C.K. PRAHALAD AWARD FOR GLOBAL BUSINESS SUSTAINABILITY LEADERSHIP
The C.K. Prahalad Award for Global Business Sustainability Leadership, created in 2010 to honor founding CEF Advisory Board member C.K. Prahalad, recognizes exceptional, globally significant private-sector action that exemplifies the fundamental connection between sustainability, innovation and long-term business success in a globalizing world. Honorees may be either (1) individual executives, (2) notable corporate actions/initiatives, or (3) collaborations involving the private sector that have produced globally significant results. Winners are determined through private votes cast by CEF’s 24-member advisory board, which includes representatives from government, academia, nongovernmental organizations, and the private sector. The voters chose from a roster of finalists, selected following an open nominations process. Past award recipients include:
• 2010: Walmart Brazil CEO Hector Nuñez • 2011: Muhtar Kent, CEO, Coca-Cola • 2012: Neil Hawkins, Dow Chemical Corporate Vice President and CSO ; The Sustainable Apparel Coalition; Paul Polman, CEO, Unilever • 2013: Vidal Garza Cantú, Director, FEMSA Foundation; Hannah Jones, CSO and VP of the Innovation Accelerator, Nike; Kurt Kuehn, CFO, UPS • 2014: Robert B. Carter, CIO, FedEx Corporation; Global Water Challenge (GWC); Tamara “TJ” DiCaprio, Senior Director of Environmental Sustainability, Microsoft • 2015: David Crane, CEO, NRG Energy • 2016: Joe Kaeser, CEO, Siemens • 2017: Urs Hölzle, SVP for Technical Infrastructure, Google; Renewable Energy Buyers Alliance (REBA) • 2018: Lisa Jackson, VP for Environment, Policy and Social Initiatives, Apple; The Task Force on Climate-Related Financial Disclosures (TCFD) • 2019: TerraCycle’s Loop Shopping Platform; Posthumous honors to former Duke Energy CEO, Jim Rogers
Негізгі бет CEF 2021 C.K. Prahalad Award Winner: Team of Executive Leaders from Microsoft
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