Apple’s new projects as part of the company’s $ 4.7 billion Green Bond investment provide clean energy to local communities while helping to reduce carbon emissions. In 2020, Apple funded 17 Green Bond projects that will cut annual carbon dioxide emissions by about 921,000 tons, which is like taking 200,000 cars off the road. Globally, the projects will generate 1.2 gigawatts of renewable energy, adding to the more than 350 megawatts produced by Apple’s renewable plants in the past year in Nevada, Illinois, Virginia and Denmark. Apple’s Green Bonds are among the largest in the private sector. The company announced it. “Apple is actively committed to safeguarding the planet and does so by seeking solutions that also protect the interests of the communities in which we operate,” said Lisa Jackson, Apple’s vice president of Environment, Policy, and Social Initiatives. ” Each of us must do everything in our power to counter the effects of climate change. The choice to invest the $ 4.7 billion from the sales of our Green Bonds is an important boost in our commitment. Finally, it is also proof that clean energy is good business “.
“Since a historic climate agreement was signed in 2015 during the UN Climate Change Conference (COP21) held in Paris – the note continues – Apple has invested the proceeds of three Green Bonds to support initiatives to reduce carbon dioxide emissions. The company issued its first $ 1.5 billion Green Bond in February 2016. The second, worth $ 1 billion, dates back to June 2017, after the previous government US had announced its intention to withdraw from the agreement signed 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 euros each (for a total value of about 2.2 billion dollars) “. “In addition to the projects detailed in Apple’s Green Bond Impact Report – it continues – the company has continued to finance new projects in the fields of low-emission design and engineering, energy efficiency, renewable energy and reduction and sequestration of carbon dioxide. Apple has already allocated more than half of its total Green Bond investment ($ 2.8 billion) and will continue to invest in projects aimed at reducing greenhouse gas emissions. Last July, Apple announced the its plan to become carbon neutral at every level of the company, the supply chain and the life cycle of its products, by 2030. Apple is already carbon neutral in all its offices around the world, and this new commitment means that every Apple product sold will be climate-neutral by 2030, “the statement concludes.