The commitment of big techs to renewable energy is a well-known topic. Almost all large companies are implementing a green change that involves (also) their businesses. In this sense, we can say without fear of denial that Apple is among the pioneers: today the company is already “carbon neutral” in all its offices around the world, and has the goal of producing devices with zero impact on the climate. by 2030.
In all this, Green Bonds, financial instruments (bonds) whose issuance is linked to projects that have a positive impact on the environment, are making a big splash. It is a path that Apple has been following for a few years now. And today the numbers provided by the Californian company are these: in 2020, thanks to the Green Bonds, Apple financed 17 projects that will make it possible to cut annual emissions of carbon dioxide estimated at about 921,000 tons (which is like removing about 200 thousand from the roads car).
Loading…
Globally, the projects will generate 1.2 gigawatts of renewable energy, which will add to the more than 350 megawatts produced by Apple’s renewable plants in the past year in Nevada, Illinois, Virginia and Denmark. “Apple is actively committed to safeguarding the planet and does so by seeking solutions that also protect the interests of the communities where we operate. – said Lisa Jackson, Apple’s VP of Environment – Each of us must do everything in our power to counter the effects of climate change.
The choice to invest the 4.7 billion dollars from the sales of our Green Bonds is an important driver in our commitment. Finally, it is also proof that clean energy is good business. “Apple issued its first $ 1.5 billion Green Bond in February 2016. The second, worth $ 1 billion, dates back to June 2017, after the previous US government announced its intention to withdraw from the agreement made during COP21.
In November 2019, Apple issued its third set of Green Bonds, which was the first in Europe, consisting of two bonds of € 1 billion each (for a total value of approximately $ 2.2 billion). According to a report released by the company, Apple has already committed more than half of its total Green Bond investment ($ 2.8 billion) to projects aimed at reducing greenhouse gas emissions.