Amazon Secures Naming Rights to Seattle’s New NHL Franchise: Climate Pledge Arena | Financial Buzz

Amazon Secures Naming Rights to Seattle’s New NHL Franchise: Climate Pledge Arena

Amazon.com, Inc. (NASDAQ: AMZN) reported that it has secured naming rights to new home of Seattle’s NHL team and WNBA’s Seattle Storm, naming it Climate Pledge Arena.  Earlier in 2019, Amazon and Global Optimism announcedthe Climate Pledge.  “We’ve secured naming rights to the historic arena previously known as KeyArena. Instead of naming it after Amazon, we’re calling it Climate Pledge Arena as a regular reminder of the importance of fighting climate change,” said Jeff Bezos, Amazon founder and CEO. “We look forward to working together with Oak View Group, a new Climate Pledge signatory, and NHL Seattle to inspire global climate action.”

“There is no question that the state of our planet is a critical issue for all of us,” said Tim Leiweke, CEO, Oak View Group. “We have a responsibility to future generations to try to leave them with a better world. We love that Amazon is using its naming rights for a cause we care deeply about—this partnership is a visionary step for the facilities business and sport and music industries. Our goal is to be the most progressive, responsible, and sustainable venue in the world. It is not just about one arena—it’s a platform for us to step up and heal our planet.”  “Climate Pledge Arena will set a new sustainability standard for sports and event spaces around the world. I commend the commitments from Amazon and Oak View Group to develop this one-of-a-kind venue and inspire climate action,” said Jason F. McLennan, Founder of the International Living Future Institute and CEO of McLennan Design. “The group’s innovative approach and sustainability mindset – embodied by naming the arena after The Climate Pledge – will provide a green, world-class event space at Seattle’s City Center for the region to enjoy for years to come.”

“We have always set out to create the best home ice advantage; now we are innovating to create ice from reclaimed rainwater and the greenest ice in the country,” said Tod Leiweke, CEO, NHL Seattle. “This is going to be the best arena in the NHL and we’re proud that there will be many opportunities for our fans to make a difference nightly. This is truly remarkable and a testament to David Bonderman and our leadership.”

Amazon continues to invest in a cleaner, greener future.