April 5, 2023
UPDATE
Apple and international suppliers increase renewable power to 13.7 gigawatts
Over 250 international manufacturing companions are actually on a path to decarbonize Apple manufacturing by 2030
Apple at this time introduced its manufacturing companions now assist over 13 gigawatts of renewable electrical energy around the globe, an almost 30 % enhance within the final yr. In whole, greater than 250 suppliers working throughout 28 nations are dedicated to utilizing renewable power for all Apple manufacturing by 2030. This represents greater than 85 % of the corporate’s direct manufacturing spend and greater than 20 gigawatts in commitments.
Already carbon impartial for its international company emissions, Apple makes use of progressive instruments to assist progress towards its formidable 2030 purpose to be carbon impartial for each product. This contains $4.7 billion in Inexperienced Bonds, that are serving to finance the growth of unpolluted power options and emissions reductions around the globe. Apple at this time shared particulars of its Inexperienced Bond spend for 2022, which incorporates investments in large-scale photo voltaic, low-carbon design, power effectivity, and carbon removing.
“At Apple, we’re carbon impartial for our personal operations and innovating each day to go even additional within the pressing work to deal with local weather change,” mentioned Tim Prepare dinner, Apple’s CEO. “With companions around the globe, we’re including much more renewable power to energy our international provide chain and investing in next-generation inexperienced applied sciences. The dimensions of this problem is immense — however so is our willpower to fulfill it.”
Clear Vitality Growth Throughout Apple’s Provide Chain
Greater than 40 manufacturing companions joined Apple’s Provider Clear Vitality Program within the final yr. Apple has referred to as on its suppliers to decarbonize all Apple-related operations, together with sourcing one hundred pc renewable electrical energy. To assist them meet their commitments and go even additional, Apple works carefully with suppliers to determine and implement options for clear power and carbon reductions — providing a collection of free studying sources and stay trainings by means of its Clear Vitality Academy.
“Our new provider commitments reveal the speedy tempo of progress we’re making towards our 2030 carbon neutrality purpose,” mentioned Lisa Jackson, Apple’s vice chairman of Atmosphere, Coverage, and Social Initiatives. “We’re taking pressing motion on a worldwide scale to unlock a greener, extra progressive, and extra resilient future.”
By means of their participation within the Provider Clear Vitality Program, Apple’s suppliers are signaling demand for the growth of renewable electrical energy capability around the globe. Since 2019, the operational renewable power throughout Apple’s international provide chain has expanded 5 occasions over, now totaling 13.7 gigawatts. This equated to 17.4 million metric tons of prevented carbon emissions final yr — the equal of eradicating practically 3.8 million vehicles from the highway.
Apple additionally helps about 1.5 gigawatts of renewable electrical energy around the globe to energy all company places of work, knowledge facilities, and retail shops, spanning 44 nations. The corporate has additionally invested straight in practically 500 megawatts of photo voltaic and wind in China and Japan to deal with upstream provide chain emissions.
Apple Suppliers Advance Clear Vitality Progress Across the World
Apple’s U.S.-based manufacturing companions are making regular progress towards renewable power, with 27 suppliers within the Provider Clear Vitality Program discovering success with a wide range of approaches. Some suppliers — together with Bemis Associates — have achieved one hundred pc renewable electrical energy for all Apple-related manufacturing, Coherent Corp. is nearing that purpose by means of the usage of a inexperienced utility program, whereas others — together with Qorvo — are utilizing energy buy agreements (PPAs) for photo voltaic and wind initiatives throughout the nation.
Practically 70 suppliers in China are actually dedicated to one hundred pc renewable electrical energy. Constructing on experiences with Apple’s Provider Clear Vitality Program, Avary Holding, which joined this system in 2020, is launching its personal initiative to assist drive scalable motion by having its suppliers undertake renewable power and decarbonize. Proceeds from the 2019 Inexperienced Bond contributed to Apple’s funding within the China Clear Vitality Fund, a first-of-its-kind funding fund to attach suppliers in China with renewable power sources. The progressive strategy has to date enabled Apple and its suppliers to collectively spend money on over 650 megawatts of renewable electrical energy.
Thirty European manufacturing companions are dedicated to scrub power, with six — together with Viscom AG and Victrex — already attaining one hundred pc renewable electrical energy for his or her Apple masses. Bosch Sensortec GmbH, which just lately joined Apple’s Provider Clear Vitality Program, and VARTA Microbattery GmbH are attaining one hundred pc renewable electrical energy by means of inexperienced utility energy.
In Japan, 34 manufacturing companions have dedicated to obtain one hundred pc renewable power for his or her Apple manufacturing. Companies like Taiyo Holdings Co., Ltd. are deploying onsite photo voltaic options, and different corporations are utilizing PPAs as availability will increase. This contains Rohm Firm Restricted and Nissha Co., Ltd., which each joined the Provider Clear Vitality Program this yr. Apple and its companions additionally proceed to work collectively in assist of wider deployment of reasonably priced clear power by means of collaborations such because the Japan Local weather Leaders’ Partnership.
Equally, in South Korea, Apple continues to name for an formidable 2030 nationwide renewable power goal, and interact in collaborative advocacy to enhance transparency and increase cost-effective choices, particularly PPAs. In whole, 18 companies headquartered in South Korea are actually a part of the Provider Clear Vitality Program, with LG Innotek utilizing onsite photo voltaic to assist meet its commitments and SK hynix having achieved one hundred pc renewable power for its Apple manufacturing within the nation.
$4.7 Billion in Inexperienced Bonds Speed up Environmental Progress
To assist speed up clear power progress and environmental improvements around the globe, Apple has disbursed over $3.2 billion of the corporate’s $4.7 billion Inexperienced Bond dedication so far — together with the whole $2.5 billion of its first two bonds. Thus far, the corporate has allotted $700 million of the proceeds from the 2019 Inexperienced Bond to assist 59 initiatives — together with the event and distribution of unpolluted power coaching sources for suppliers and collaborative advocacy efforts in Japan, Vietnam, and South Korea.
The initiatives supported by the 2019 Inexperienced Bond are anticipated to mitigate greater than 13.5 million metric tons of carbon dioxide over their lifetime. Past constructing capability for renewable power throughout the availability chain, Apple’s Inexperienced Bond investments final yr supported a variety of environmental innovation throughout the enterprise, together with low-carbon design, power effectivity, and the growth of renewable power in grids around the globe.
For instance, the 2019 Inexperienced Bond helped fund the IP Radian Photo voltaic undertaking that just lately grew to become operational in Brown County, Texas, with a undertaking that now produces 320 megawatts of electrical energy. Apple invested within the undertaking to assist tackle the carbon affect of the power Apple clients use to cost their units. The bond additionally supported the corporate’s utility-scale battery situated on the California Flats Photo voltaic Venture in Monterey, California, which grew to become operational in 2022. The massive battery shops as much as 240 megawatt-hours of renewable electrical energy for later use, when the carbon depth of the grid is highest. This helps to deal with the intermittency of renewable energy throughout the state.
For extra data on Apple’s Inexperienced Bond efforts, go to investor.apple.com/Apple_GreenBond_Report. This yr’s annual affect report covers the cumulative allocation of Apple’s 2019 Inexperienced Bond proceeds to environmental initiatives that incurred spend between September 29, 2019, and September 24, 2022 — Apple’s 2022, 2021, and 2020 fiscal years. Sustainalytics supplied a second-party opinion on the chosen initiatives, and Ernst & Younger LLP supplied an attestation report on the spend.
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