Microsoft announces an increase of the internal carbon tax. This commitment comes as a result of a substantial increase in the company’s internal carbon tax to $ 15 per metric ton for all carbon emissions. Microsoft’s internal tax was set seven years ago for all business divisions to be financially responsible for cutting carbon emissions. Funds from this increased levy will keep Microsoft’s carbon neutrality and contribute to the adoption of a technology-focused approach that places sustainability at the heart of every business sector.

The announcement is based on over a decade of activity on the subject, including reducing carbon emissions and acquiring more than 1.5 GW of renewable energy, as well as collaborating with customers to promote sustainable transformation and a commitment of $ 50 million for AI for Earth.

Following the new PwC UK research, which shows that AI can increase global GDP by up to 4.4% and reduce emissions by 4% by 2030, Microsoft adopts an approach that focuses on technology and stimulates progress in operations, products, customers and data science.

Microsoft’s president, Brad Smith, shared the company’s vision of stepping up sustainability efforts with a commitment to prioritize sustainability across each business sector and involve technology in delivering long-lasting results. „The magnitude and speed of global environmental change has made it increasingly clear that we need to get more involved, so Microsoft is doing the right thing to do,” said Brad Smith, Microsoft’s president.