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Microsoft teams up with BP to achieve net zero carbon goals and sustainable future

  • Microsoft (NASDAQ:MSFT) and BP (NYSE:BP) have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net zero carbon goals of both companies.
  • This includes a co-innovation effort focused on digital solutions, the continued use of Microsoft Azure as a cloud-based solution for BP infrastructure and supplying renewable energy to help Microsoft meet its 2025 renewable energy goals. The co-innovation effort will initially be focused on four areas:
  • Smart and clean cities – identifying synergies between 'Smart and Clean Cities', with a goal of identifying areas for collaboration to help cities achieve their sustainability aims.
  • Clean energy parks – co-development of innovative, clean energy parks with an ecosystem of low carbon technologies to prevent or reduce emissions.
  • Consumer energy – exploring ways to harness the power of data-driven insights to empower energy consumers to manage their home energy use and reduce carbon emissions.
  • Industrial Internet of Things (IoT) solutions – delivering an 'intelligent edge' of capabilities to BP production and operations facilities.
  • For both the Companies, low carbon is part of a wider sustainability agenda and they aim to deepen collaboration in this area over time.
  • As part of BP's cloud-first IT approach, the company has extended its agreement to use Microsoft Azure cloud services as a strategic platform which will enable BP to access a broad and deep portfolio of cloud services to gain greater insights, drive significant optimization opportunities and transform business processes.
  • Both the Companies have signed a framework agreement for renewable energy projects. BP will supply renewable energy to Microsoft across multiple countries and regions. The agreement contributes to Microsoft's 100% renewable energy goal by 2025.

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