ESG News For Rivian Automotive Inc

Recap of CSR stories on Business Wire

Bold federal action can bring U.S. primary aluminum industry back from the brink, secure robust domestic supply of material for clean energy transition and slash emissions

New Pathway Report from Kearney shows that urgent action is needed to prevent the car industry from massively overshooting IPCC’s 1.5-degree limitElectrification alone is not enough: report recommends a 3-lever approach to set industry on the right path and calls for new forms of collaboration to build rapid momentumCollective action to reduce greenhouse gas emissions in supply chain and increase renewable energy in the grids is needed in addition to faster EV adoption

Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2022.Fourth Quarter 2022Net sales increased 9% to $149.2 billion in the fourth quarter, compared with $137.4 billion in fourth quarter 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 12% compared with fourth quarter 2021.North America segment sales increased 13% year-over-year to $93.4 bil

The company’s renewable energy portfolio now totals more than 20 GW and will generate enough clean energy to power 5.3 million homes in the U.S.Amazon’s renewable energy purchases last year brought it closer to powering its operations with 100% renewable energy by 2025—five years ahead of its original target

The Energy Storage Solutions Consortium will develop a first-of-its-kind methodology to quantify the greenhouse gas emissions benefits of stored energy usage

Mercedes-Benz and Rivian sign Memorandum of Understanding for a strategic partnership and joint production of electric vans – with the objective to set the standard in sustainable and all-electric transportationThe planned joint venture will produce bespoke large electric vans for Mercedes‑Benz and for RivianThe companies look to leverage shared investments, shared costs and will pursue operational synergies to rapidly scale electric van productionFurther options for increased synergies from the joint venture will also be explored

This green hydrogen deal will provide enough annual power for 30,000 forklifts or 800 heavy-duty trucks as it continues on the path to be net-zero carbon by 2040

Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.Operating cash flow decreased 40% to $35.6 billion for the trailing twelve months, compared with $59.3 billion for the trailing twelve months ended June 30, 2021.Free cash flow decreased to an outflow of $23.5 billion for the trailing twelve months, compared with an inflow of $12.1 billion for the trailing twelve months ended June 30, 2021.Free cash flow less principal repayments of finan

 18 companies have now joined The Climate Pledge, a commitment co-founded by Amazon and Global Optimism to meet the goals of the Paris Agreement 10 years earlyNew signatories are implementing real, science-based, high-impact changes to their businesses, including deploying renewable energy, investing in sustainable buildings, and mobilizing supply chains to reach net-zero carbon by 2040

Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2020.Operating cash flow increased 56% to $55.3 billion for the trailing twelve months, compared with $35.3 billion for the trailing twelve months ended September 30, 2019.Free cash flow increased to $29.5 billion for the trailing twelve months, compared with $23.5 billion for the trailing twelve months ended September 30, 2019.Free cash flow less principal repayments of finance leases and

Commits to net zero carbon by 2040 and 100% renewable energy by 2030 Orders 100,000 fully-electric delivery vehicles, the largest order ever for electric delivery vehicles Invests $100 million in reforestation projects around the world to begin removing carbon from the atmosphere nowLaunches new sustainability website to report progress on commitments