Microsoft and Shell Partner to Address Carbon Emissions | Financial Buzz

Microsoft and Shell Partner to Address Carbon Emissions

Microsoft Corporation (NASDAQ: MSFT) and Shell International Petroleum Company Limited have announced a new strategic alliance to focus on pursuing a world with net-zero emissions.  This alliance will set a precedent for how companies can partner together to push towards net-zero ambitions. 

“Microsoft and Shell both have rich histories of innovation and bold ambitions to decarbonise,” said Huibert Vigeveno, Downstream Director of Shell. “We are proud of the work we have already done together. Our strategic alliance will enable us to push the boundaries of what can be achieved. We believe we can unlock tremendous progress for Shell, Microsoft, our customers and beyond.”

“We are building on our work with Shell by establishing a deeper alliance to further accelerate innovation in support of decarbonization and energy industry transition,” said Judson Althoff, executive vice president of Microsoft’s Worldwide Commercial Business. “Cross-industry collaborations like this are fundamental to help society reach net-zero emissions by 2050, and digital transformation is key to tackling this important issue, within the energy sector and beyond.”

Shell has previously pledged to be a net-zero emissions energy business by 2050 or sooner.  The company’s supply of renewable energy will aid Microsoft to deliver on its renewable energy supply goals and its goal to become carbon negative by 2050.  The company’s will utilize the Azure cloud computing system and data from Shell assets to improve operational safety, risk analysis, prediction and prevention.