Many of the biggest technology and telecom companies have set ambitious environmental goals, although their social and governance issues complicate their appeal to sustainability investors.
The top five biggest technology companies by market capitalization — Apple Inc., Microsoft Corp., Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. — have spent the past decade or two achieving carbon neutrality and even moving into carbon negative territory. The top three U.S. telcos — AT&T Inc., Verizon Communications Inc. and T-Mobile US Inc. — subsequently joined the bandwagon, setting their own carbon neutrality and renewable energy targets over the past three years.