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eBay Unveils First Climate Plan, Aims for Net-Zero by 2045

eBay Unveils First Climate Plan, Aims for Net-Zero by 2045

E-commerce giant eBay has released its inaugural climate plan, committing to achieve net-zero greenhouse gas emissions across its operations by 2045. E-commerce leader eBay has launched its first comprehensive corporate climate plan, formally committing to achieve net-zero emissions across its operations and value chain by 2045. The announcement outlines targets for reducing direct emissions and those from purchased energy, while also addressing the more complex challenge of emissions generated by its vast network of sellers and logistics partners. This move marks a significant step for the e-commerce giant, aligning it with growing stakeholder pressure for digital marketplaces to account for their full environmental footprint. The plan represents a critical acknowledgment of the platform's Scope 3 emissions, which constitute the vast majority of its carbon impact from shipping, packaging, and the production of goods sold. eBay's focus on engaging its seller community in sustainability efforts contrasts with plans that only address corporate offices and data centers. This matters because it sets a precedent for the retail sector, demonstrat...

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Oracle’s Bold AI Gamble Triggers Biggest Stock Crash in Decades

A new leadership era and colossal AI bets test investor confidence in Oracle’s future Oracle is facing turbulent times on Wall Street, with its stock dropping 30% this quarter, the steepest fall since 2001. The company, now under the leadership of joint CEOs Clay Magouyrk and Mike Sicilia, is...


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