top of page
Moving People

News

  • RTE

Apple to make fresh energy investments in Europe





Apple said it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related to the production of iPhones and other products.


The company in 2020 had pledged to remove carbon emissions from its entire business, including products and its sprawling supply chain - which spans from Vietnam to Brazil - by 2030.


The iPhone maker will now require its supply partners to report on progress on carbon neutrality goals, specifically Scope 1 and Scope 2 emissions reductions, related to the production of Apple products and will audit their progress annually.


More than 200 suppliers, representing 70% of Apple's direct manufacturing spending and including Corning, Nitto Denko, SK Hynix, STMicroelectronics, TSMC and Yuto, have committed to using clean power such as wind or solar for all Apple production, Apple said.


Apple had previously asked suppliers to commit to 100% renewable energy for Apple's production.


"We're determined to be a ripple in the pond that creates a bigger change," Chief Executive Officer Tim Cook said. Apple has been carbon neutral for its global corporate operations since 2020.


Many multinational companies are increasingly looking into global supply chains to reduce their carbon footprint as climate change becomes a bigger focus for investors and regulators.


Apple said the European investments are part of a strategy to address about 22% of its carbon footprint coming from the electricity customers use to charge their devices.


With the construction of new projects in Europe, the company is aiming to power all Apple devices on the continent with low-carbon electricity, it said.


In total, the planned investments will add 3,000 gigawatt hours per year of new renewable energy on the grid, Apple said.

2 views
construction-image1.jpg

Subscribe and keep up to date with all the latest news from Oakmark

Subtle Shapes Transparent
WEST AFRICA'S NO.1 ECONOMIC AGENTS

Oakmark Global Vision provides a bespoke business package to established corporate bodies, investors, and entrepreneurs who desire to enter the West & Pan African market. Find out more >

© 2024 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

Regional Office

International Office

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

+234 -(0)- 929 207 02

+234 (0) 704 497 6500

info@oakmarkglobalvision.com

King Court, 17 School Road

Hall Green, Birmingham

United Kingdom  B28, 8JG

+44 (0) 121 244 1814

+44 (0) 746 625 2505

info@oakmarkglobalvision.com

 Oakmark Global Vision Limited

bottom of page