Redwood Materials, the recycling start-up founded by ex-Tesla CTO JB Straubel, is among the recipients.
Amazon didn't disclose how much it's investing in each company. Representatives from Amazon didn't immediately respond to a request for comment.
"The Climate Pledge Fund invests in visionary companies whose products and services can empower a low carbon economy," said Jeff Bezos, Amazon founder and CEO. "Today, I am excited to announce that we are investing in a group of companies that are channeling their entrepreneurial energy into helping Amazon and other companies reach net zero by 2040 and keep the planet safer for future generations."last September.
Amazon has faced mounting pressure from employees to address its environmental impact. At Amazon's annual shareholder meeting in May 2019 thousands ofto develop a comprehensive climate-change plan and reduce its carbon footprint. The proposal was built on an employee letter published in April 2019 that accused Amazon of donating to climate-delaying legislators and urged the company to transition away from fossil fuels.
Since then, Amazon has made several moves to advance its goal of relying on renewable energy. As part of the Climate Pledge, Amazon agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian, after it invested $440 million in the company.
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