Apple, in partnership with international suppliers, expands their renewable energy usage to a remarkable 13.7 gigawatts.
Apple's Green Initiative Gains Momentum
Apple, the tech giant known for its innovative products, is making strides in its commitment to a greener future. The company's Supplier Clean Energy Program has seen significant growth, with more than 40 manufacturing partners joining in the last year.
This expansion is part of a larger effort to support the wider deployment of affordable clean energy, particularly in Japan. Apple and its partners are working together to make a positive impact on the environment.
One of the latest additions to the program, Avary Holding, is launching its own initiative to drive scalable action. Other partners, such as LG Innotek and SK hynix, are already making great strides. LG Innotek is using onsite solar to help meet its commitments, while SK hynix has achieved 100% renewable energy for its Apple production in the country.
The commitment to renewable energy is not limited to a handful of partners. Over 250 global manufacturing partners are now committed to using renewable energy for all Apple production by 2030. This represents more than 85% of Apple's direct manufacturing spend and more than 20 gigawatts in commitments.
The projects supported by Apple's 2019 Green Bond are expected to mitigate more than 13.5 million metric tons of carbon dioxide over their lifetime. The bond also supports low-carbon design, energy efficiency, and the expansion of renewable energy in grids around the world.
Apple's Green Bond spend for 2022 includes investments in large-scale solar, low-carbon design, energy efficiency, and carbon removal. Some U.S. suppliers, such as Bemis Associates, Coherent Corp., and Qorvo, are using various methods for renewable energy.
In Japan, 34 manufacturing partners have committed to procure 100% renewable energy. Bosch Sensortec GmbH and VARTA Microbattery GmbH are achieving 100% renewable electricity through green utility power. Rohm Company Limited and Nissha Co., Ltd., two Japanese companies, are using PPAs as availability increases.
The operational renewable energy across Apple's global supply chain has expanded five times over, now totaling 13.7 gigawatts. This is a nearly 30% increase in the last year. Apple supports about 1.5 gigawatts of renewable electricity around the world to power all corporate offices, data centers, and retail stores, spanning 44 countries.
Apple's Green Bond efforts extend beyond its direct manufacturing spend. Proceeds from the 2019 Green Bond contributed to Apple's investment in the China Clean Energy Fund. Thirty European manufacturing partners are committed to clean energy, with six already achieving 100% renewable electricity.
In South Korea, Apple is calling for an ambitious 2030 national renewable energy target. The company's suppliers are now signaling demand for the expansion of renewable electricity capacity around the world.
For more information on Apple's Green Bond efforts, visit investor.our website/Apple_GreenBond_Report. Sustainalytics provided a second-party opinion on the selected projects, and Ernst & Young LLP provided an attestation report on the spend.
Apple's commitment to a greener future is evident in its actions. With over $3.2 billion of the $4.7 billion Green Bond commitment disbursed to date, Apple is making a significant impact on the environment. This equated to 17.4 million metric tons of avoided carbon emissions last year.
Apple's green initiatives are not just about reducing carbon emissions. They are about creating a sustainable future for all. By investing in clean energy solutions and emissions reductions around the world, Apple is setting an example for other companies to follow.
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