The global online market for craft makers is to offset all emissions generated from its shipping, becoming the first ecommerce company to do so. Carbon offset programmes fund initiatives to reverse environmental damage. In a statement on Tuesday, Amazon said: “Through our carbon neutral business model, we are helping people and businesses reduce their impact on climate change. “It's a pretty trivial cost,” says Etsy CEO Josh Silverman, who joined the company in 2017 and has been credited with turning around its fortunes. The company will also pay to offset all the estimated 55,000 metric tonnes of carbon dioxide from ecommerce deliveries across the US produced on 27 February. Etsy, which made over $200m in Q4 2018, estimates that the offset will cost less than a penny per package, or under $1m per year.
The global online market for craft makers is to offset all emissions generated from its shipping, becoming the first ecommerce company to do so. Carbon offset programmes fund initiatives to reverse environmental damage. In a statement on Tuesday, Amazon said: “Through our carbon neutral business model, we are helping people and businesses reduce their impact on climate change. The company will also pay to offset all the estimated 55,000 metric tonnes of carbon dioxide from ecommerce deliveries across the US produced on 27 February. Etsy, which made over $200m in Q4 2018, estimates that the offset will cost less than a penny per package, or under $1m per year.