Qualified companies now have access to high-quality neutralization and inset credits sourced from refrigerant destruction and lower-carbon fuels.
No organization can reach its net-zero carbon emissions goals alone. That’s why, in 2024, we launched the Sustainability Exchange to drive collaboration and share trusted decarbonization solutions for companies of all sizes. And since then, we’ve doubled the number of resources available and broadened our offerings to help companies—especially those in our value chain—take climate action.
Collaboration is one key piece of corporate climate action. Another is investing beyond a company’s operations. High-quality carbon credits enable companies to support climate solutions with the urgency the planet needs. So last year we expanded the Exchange to offer high-quality neutralization credits. We published our playbook for carbon insets to help others navigate this new and rapidly evolving area. And now we're expanding the types of carbon credits we offer to qualified companies: lower-carbon fuel (LCF) inset credits and superpollutant neutralization credits.
Bridging the supply gap with LCF inset credits
LCFs, such as renewable diesel and biodiesel, play a critical role in helping decarbonize the transportation sector, but they can come with challenges such as supply chain limitations and shared supply chains with traditional fuel. Inset credits can help.
Insets are a type of environmental attribute certificate (EAC) that help drive investment in climate innovations related to a company’s value chain when physical access isn’t economically feasible. For example, companies using diesel vehicles or equipment can buy renewable diesel or biodiesel inset credits to support LCF production. That company can then get credit for reducing their related carbon emissions by an amount equivalent to the inset credits they bought.
Crane Worldwide Logistics is among the companies using Amazon's carbon credit service to purchase LCF insets. Sustainability Director Carlos Pacheco said decarbonizing the company's supply chain is key to achieving its climate targets.
"By partnering with Amazon on their carbon insets program, we're confident that we're contributing to demand for real and efficient carbon reductions in sectors that matter to our business," Pacheco said.
Through the Exchange, qualified companies can buy high-quality credits for renewable diesel and biodiesel made from waste-based feedstocks. And, coming soon, we will offer lower-carbon maritime fuel credits too.
Learn more about buying LCF credits.
Neutralizing carbon emissions with superpollutant refrigerant destruction credits
Superpollutants, like methane and refrigerants, can trap hundreds or even thousands of times more heat than carbon dioxide. Reducing their emissions is an important part of mitigating climate change, and it can have a near-term impact on reducing global temperatures.
Though these gases were phased out following the 1987 Montreal Protocol international environmental treaty, an estimated 7.7 million tons of superpollutant refrigerants remain in old cooling equipment, materials, or stockpiles. Through Amazon’s carbon credit service, qualified companies can now buy high-quality credits that fund the safe destruction of superpollutant refrigerant gases that would otherwise wind up in the atmosphere.
Learn more about buying refrigerant destruction credits.
Who’s using these credits?
Amazon’s carbon credit service is helping companies participate in the voluntary carbon market with confidence. Developing a company’s carbon credit strategy—whether focused on neutralization credits, inset credits, or both—is a muscle. And the sooner a company starts, the stronger it will be as it ramps up investment over time to successfully hit its net-zero carbon emissions goals.
We recently published case studies profiling three companies from diverse industries—professional services, electronics, and real estate—that are using our credit service to support their decarbonization journeys. These companies are also signatories of The Climate Pledge, a goal to reach net-zero carbon by 2040. More than 630 companies across dozens of countries have signed on since Amazon co-founded the Pledge in 2019.
Learn how these three companies are taking climate action through The Climate Pledge and Amazon’s carbon credit service:
Ryan Companies: This commercial real estate firm built the business case for decarbonization and recognized the need to start investing in carbon credits now so it can meet its Pledge goal by 2040. Read the case study
