As more tech companies are pushing for a more sustainable business module, Snapchat released its New Climate Strategy this week, with a motive to cut down emissions and remain carbon neutral along with purchasing 100 percent renewable energy.
Dom Perella, Snap’s deputy general counsel and chief compliance officer, while speaking about the latest ‘Citizen Snap’ report said, “They’re going to be living with the brunt of these impacts for many generations. Because it impacts our stakeholders… we want to make a difference.” By 2025, Snap plans to reduce emissions generated from its business operations by 25 percent, in part by making its buildings more energy-efficient and purchasing renewable energy, Perella said.
The company also aims to reduce emissions from business travel and from purchased goods and services by 35 percent “per unit of value” by shifting to climate-friendly travel options and pushing vendors to reduce their emissions.
Furthermore, Snap said it determined the reduction levels by working with the Science-Based Targets initiative, a coalition that advises companies on reducing emissions to meet goals outlined by the Paris Agreement international treaty on climate change. The California-based company also said it is now carbon neutral, helped by investing in forestry projects across the world to offset its emissions.