GitLab and Google commit to creating one of the world’s largest climate change-proof organizations
GitLab, Google and Google announced Thursday that they have committed to creating an organization called the Environmental Protection Trust (EPT) in order to reduce the environmental impact of their businesses.
“We are committed to reducing our environmental footprint through the creation of an organization that can act as a carbon neutral, green energy infrastructure,” the companies wrote in a statement.
“The EPT will be responsible for ensuring the organization’s environmental performance and will work collaboratively with the business and the public to ensure it meets the EPT’s high environmental goals and performance goals.”
The EPT will be created to “create a network of companies that can reduce the impact of carbon pollution through the production of energy from renewable sources,” according to the statement.
Google has been the most vocal among the tech giants in advocating for the EPN, which will allow the company to move beyond fossil fuels, according to Business Insider.
“Google has made the case for this organization for many years,” the company wrote.
“For example, we’ve been working with partners to develop a new carbon offset trading program and a carbon offset auction.
We’re also working to improve our business and environmental stewardship practices and our global operations.”
Google has long been a supporter of the EPT, with the company donating over $50 million in support of its efforts to fight climate change.
“With the EPT, Google will be able to better manage our carbon footprint and to provide its customers with better-performing and more efficient energy,” Google said in a press release.
“Our partnership with the EPt will enable us to make investments in our environment, our employees and our communities.
We will be better positioned to reduce our carbon emissions, and we will be more able to do it in a cost-effective and environmentally responsible way.”