13.7 gigawatts of renewable energy are added by Apple and its international suppliers.
The manufacture of Apple
will be carbon-free by 2030 thanks to more than 250 international manufacturing partners.
Today, Apple stated that its manufacturing partners now provide more than 13 gigawatts of renewable electricity globally, an increase of about 30% over the previous year.
By 2030, all Apple production will be powered by renewable energy, according to a commitment made by more than 250 suppliers spread over 28 different nations.
This amounts to more than 20 gigawatts of commitments and more than 85% of the company’s direct manufacturing spending.
Apple uses cutting-edge tools to help progress towards its ambitious 2030
goal of being carbon neutral for every product, having already achieved carbon neutrality for its worldwide corporate emissions.
This sum includes $4.7 billion in Green Bonds, which are used to support the spread of sustainable energy technologies and the lowering of emissions globally.
Apple revealed its 2022 Green Bond spending plan today, which includes expenditures on large-scale solar, low-carbon architecture, energy efficiency, and carbon sequestration.
Tim Cook, Apple’s CEO, stated, “At Apple, we’re carbon neutral for our own operations and innovating daily to go even further in the important mission to solve climate change.
We’re investing in cutting-edge green technologies and adding even more renewable energy to our worldwide supply chain with the help of partners around the world.
Although this challenge is enormous, we are determined to meet it.
Expansion of Clean Energy Throughout Apple’s Supply Chain
In the past year, more than 40 manufacturing partners have signed up for Apple’s Supplier Clean Energy Programme.
Apple has urged its suppliers to completely source renewable energy for all Apple-related operations, including power.
Apple works directly with suppliers to find and execute solutions for clean energy and carbon reductions in order to help them reach their commitments and go even further.
To do this, Apple offers a variety of free learning tools as well as live trainings through its Clean Energy Academy.
According to Lisa Jackson, vice president of Apple’s environment, policy, and social initiatives,
“Our new supplier commitments demonstrate the rapid pace we’re making towards our 2030 carbon neutrality goal.”
“We are acting quickly at a global level to open the door to a greener, more creative, and more resilient future.”
Apple’s suppliers are expressing demand for the global expansion of renewable electricity generation by taking part in the Supplier Clean Energy Programme. Since 2019,
Apple’s global supply chain has increased its operational renewable energy by five times, reaching a total of 13.7 gigawatts.
As a result, 17.4 million metric tonnes of carbon emissions were prevented last year, which is the same as taking nearly 3.8 million cars off the road.
Additionally, Apple promotes the use of 1.5 gigawatts of renewable electricity to power its 44-country network of corporate offices, data centres, and retail locations.
To address upstream supply chain emissions, the corporation has also made direct investments in almost 500 megawatts of solar and wind power in China and Japan.
Apple Suppliers Promote Clean Energy Development Globally
Apple’s U.S. manufacturing partners are advancing steadily in the use of renewable energy, with 27 suppliers participating in the Supplier Clean Energy Programme succeeding in a range of ways.
Coherent Corp. is getting close to that goal by using a green utility programme, while other suppliers, like Qorvo, are using power purchase agreements (PPAs) for solar and wind projects all over the country.
Some suppliers, like Bemis Associates, have 100% renewable electricity for all Apple-related production.
In China, about 70 suppliers have made the switch to entirely renewable electricity.
Avary Holding, which joined the programme in 2020, is establishing its own initiative to assist promote scalable action by having its suppliers adopt renewable energy and decarbonize, building on experiences with Apple’s Supplier Clean Energy Programme.
The 2019 Green Bond’s proceeds helped Apple participate in the China Clean Energy Fund, a groundbreaking financial vehicle that links Chinese suppliers with renewable energy sources.
Apple and its suppliers have so far invested collectively in over 650 megawatts of renewable electricity thanks to the creative strategy.
Six of the thirty European manufacturing partners, including Viscom AG and Victrex, have already achieved 100% renewable electricity for their Apple loads.
Thirty European manufacturing partners are dedicated to clean energy.
Through green utility power, Bosch Sensortec GmbH and VARTA Microbattery GmbH are reaching 100% renewable electricity.
Bosch Sensortec GmbH just joined Apple’s Supplier Clean Energy Programme.
34 manufacturing partners in Japan have made a commitment to buy only sustainable energy for their Apple production. Businesses like Taiyo Holdings Co.,
Ltd. are implementing onsite solar solutions, and as supply grows, other businesses are turning to PPAs. Included in this are Nissha Co., Ltd.
and Rohm Company Limited, both of which joined the Supplier Clean Energy Programme this past year.
Through partnerships like the Japan Climate Leaders’ Partnership, Apple and its partners continue to collaborate in support of the widespread use of cheap renewable energy.
Similar to this, Apple continues to advocate for a challenging national renewable energy target for 2030 and works with others to increase transparency and extend cost-effective choices, including PPAs.
There are currently 18 South Korean-based companies participating in the Supplier Clean Energy Programme,
including LG Innotek, which uses onsite solar to assist it meet its goals, and SK Hynix, which uses only renewable energy for its Apple manufacturing operations there.
Green Bonds worth $4.7 billion Promote Environmental Progress Quickly
Apple has already distributed more than $3.2 billion of its $4.7 billion commitment to green bonds, including the combined $2.5 billion of its first two bonds,
in order to support the advancement of clean energy technologies and environmental advancements globally.
A total of 59 initiatives have received $700 million from the corporation so far, including the creation and distribution of training materials for suppliers on renewable energy as well as joint advocacy campaigns in South Korea, Japan, and Vietnam.
Over the course of their lifetimes, the projects funded by the 2019 Green Bond are anticipated to reduce more than 13.5 million metric tonnes of carbon dioxide.
Apple’s Green Bond investments from the previous year supported a variety of environmental innovation within the company, including low-carbon design, energy efficiency,
and the expansion of renewable energy in grids all over the world, in addition to increasing capacity for renewable energy throughout the supply chain.
For instance, the 2019 Green Bond assisted in funding the IP Radian Solar project in Brown County, Texas, which recently started operating and is currently capable of producing 320 megawatts of electricity.
To assist reduce the carbon footprint of the energy Apple consumers use to charge their devices, Apple invested in the project.
The company’s utility-scale battery, which went into operation in 2022 and is housed in the California Flats Solar Project in Monterey County, California, was also supported by the bond.
When the grid’s carbon intensity is at its peak, the big battery can store up to 240 megawatt-hours of renewable electricity for later use.
This aids in addressing the patchy availability of renewable energy around the state.
Visit investor.apple.com/Apple_GreenBond_Report for additional details on Apple’s Green Bond initiatives.
The cumulative distribution of Apple’s 2019 Green Bond funds to environmental projects that incurred costs between September 29, 2019, and September 24, 2022 —
Apple’s 2022, 2021, and 2020 fiscal years — is covered in this year’s annual impact report.
Ernst & Young LLP supplied an attestation report on the spend, while Sustainalytics offered a second perspective on the chosen initiatives.
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