USA: By 2030, Apple aims to become carbon neutral throughout its entire supply chain and the lifespan of every product.The tech behemoth has added $200 million to its Restore Fund, which was started in 2021, in order to achieve its goal. Here, we talk about the company's enormous efforts to achieve net zero emissions.
A $200 million initial commitment was made when the Restore Fund was established with assistance from Goldman Sachs and the nonprofit organisation Conservation International.
The most recent investment is anticipated to assist the business in achieving its goal of removing one million metric tonnes of carbon dioxide annually. The expanded fund will now be managed by Climate Asset Management, a partnership between HSBC Asset Management and Pollination.
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Lisa Jackson, Apple's vice president of Environment, Policy, and Social Initiatives, described the Restore Fund as "an innovative investment approach that generates real, measurable benefits for the planet, while aiming to generate a financial return."
Apple has incorporated a low-carbon strategy into the design of its products. To aid in the better recovery of rare earth magnets and tungsten, the company's robot, "Dave," can disassemble the Taptic Engine from the iPhone.
The first 100% recycled Taptic Engine for a smartphone was used in products sold between 2019 and 2020, including the iPhones, iPads, and Apple smartwatches.
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The company's headquarters, Apple Park, is entirely powered by renewable energy thanks to a 17 megawatt solar panel installation. Apple is collaborating with 250 suppliers from 28 different nations to adopt green energy sources, totaling more than 20 gigawatts. By eliminating 3.8 million cars from the road, Apple's Supplier Clean Energy Program reduced carbon dioxide emissions by 17.4 million metric tonnes in 2022.
Apple is also making investments in environmentally friendly ways to reduce atmospheric carbon. Over the past two years, Restore Fund has made investments in forested areas of Brazil and Paraguay. Apple has "protected and improved the management of over one million acres of forests and natural climate solutions in China, the US, Colombia, and other countries" with The Conservation Fund, World Wildlife Fund, and Conservation International.
According to the United Nations Climate Change, all of Apple's major product lines now use 70% less energy than they did previously. Utilizing recycled materials allowed the business to reduce its carbon footprint during the manufacturing process. Additionally, the Apple Trade-In program, which allows customers to trade in old devices, contributes to reducing emissions associated with the extraction of raw materials.
Apple avoided more than 23 million metric tonnes of emissions in 2021, according to the company's Environmental Progress report. In comparison to 2015, the carbon footprint was cut by 40%, and packaging used 75% less plastic. By 2025, Apple wants to stop using plastic in its packaging.Apple increased the proportion of cobalt, rare earth elements, and recycled tungsten in its products by twofold in 2021.
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The antenna lines on iPhones are constructed from recycled water bottles. Additionally, every camera's wire contains 100% recycled gold, the main logic board's solder contains 100% recycled tin, and every magnet contains 100% recycled rare earth elements.