April 17, 2024
update
Apple ramps up investments in clean energy and water around the world
Together, Apple and our suppliers support more than 18 gigawatts of clean energy, benefiting and saving billions of gallons of water.
Apple today announced new developments to advance momentum toward Apple 2030, the company’s bold goal to expand clean energy around the world and achieve carbon neutrality across its value chain by the end of this decade. Announced. More than 18 gigawatts of clean electricity now powers Apple’s global operations and manufacturing supply chain, more than triple the amount in 2020. Apple is making new investments in solar power in the U.S. and Europe to address the power customers use for charging and powering. Apple device.
As part of its broader environmental efforts, Apple also made progress toward another ambitious 2030 goal: replenishing 100% of the fresh water used in company operations in high-stress locations. . This includes launching new partnerships to deliver nearly 7 billion gallons of water benefits over the next 20 years, from restoring aquifers and rivers to financing access to drinking water. Similar to clean energy, Apple has expanded its commitment to clean water throughout its supply chain. Together, Apple’s suppliers saved more than 12 billion gallons of fresh water last year, for a total of 76 billion gallons since the company launched its suppliers. 2013 Clean Water Program.
“Clean energy and water are the foundation of healthy communities and essential building blocks for responsible business,” said Lisa Jackson, Apple’s vice president of environment, policy and social initiatives. “We are hurtling towards our ambitious Apple 2030 climate goals, with a long-term commitment to transforming power grids and restoring watersheds to build a cleaner future for everyone. Masu.”
Adding new renewable energy to the world
The electricity used to both manufacture and charge and power Apple products accounts for the largest portion of Apple’s comprehensive carbon footprint. As part of Apple 2030, the company called on its suppliers around the world to use clean electricity and achieve carbon neutrality in all Apple-related operations.that’s all 320 suppliers representing 95% of Apple’s direct manufacturing spend have led the transition to date, resulting in 16.5 gigawatts of renewable energy now coming online in Apple’s supply chain. This generated more than 25.5 million megawatt hours of clean energy and avoided more than 18.5 million tons of carbon emissions across the supply chain last year.
To address greenhouse gas emissions associated with customer device use, Apple is committed to converting every watt of charging power to clean electricity by 2030, including major investments in new renewable energy in markets around the world. I promised to cover it. It minimizes emissions from the use of Apple products by improving efficiency, engaging customers about opportunities to decarbonize the power grid, and building clean power projects that maximize carbon reduction and social impact. It is part of a broader strategy to reduce In the US, Apple is investing in a portfolio of solar projects across Michigan, with construction underway to bring 132 megawatts of clean energy online later this year. In Spain, Apple has partnered with international solar power development platform IB VOGT, with an investment that will generate 105 megawatts of solar power once the project is launched by the end of 2024.
To address the growth of its corporate operations in India, Apple also entered into a joint venture with leading renewable energy developer CleanMax to invest in a portfolio of six rooftop solar projects with a total size of 14.4 MW. The added capacity will provide a local solution to power Apple’s offices, two retail stores across the country, and other operations in India. Apple became the first global corporate operation to achieve 100% renewable energy in 2018.
Apple’s renewable energy efforts have unlocked new capacity in markets around the world. In 2018, Apple took an innovative approach to connect 12 suppliers operating in China with renewable energy sources through the China Clean Energy Fund. The fund is currently exceeding its goals, with investments enabling more than 1 GW of new wind and solar power projects in 14 provinces in China. Together, these projects are expected to provide more than 2,400 gigawatt hours of renewable energy annually, equivalent to the residential electricity consumption of more than 2.5 million people in China.
Improving water resistance through nature-based solutions
Through collaboration across our manufacturing supply chain and innovative long-term partnerships that restore ecosystems, meet local water needs, and improve watershed climate resiliency, Apple makes water more accessible everywhere we operate. We aim to promote security. Water impacts are felt locally, so Apple is targeting some of the highest-stress regions in which it operates, including Northern and Southern California, Arizona’s Colorado River Basin, and India’s Telangana and Maharashtra states. Work has begun to replenish fresh water. Modeled on its approach to renewable energy procurement, Apple pursues innovative strategies and long-term contracts aimed at delivering water benefits and savings across watersheds. Since 2023, Apple has so far committed more than $8 million to replenish fresh water in high-stress watersheds. The projects announced today are expected to deliver a total of 6.9 billion gallons of water over the next 20 years.
In Northern California, Apple is working with River Partners to restore the natural features of a 750-acre floodplain where the Sacramento River, Feather River, and Butte Creek converge. This confluence of California’s largest waterways is an important resting point for native Chinook salmon on their way to the Pacific Ocean. Restoration of the area will include planting hundreds of thousands of native plants and reconnecting vast historic floodplains to make the area and downstream regions more resilient to climate change flooding. Masu. Apple’s investment will significantly reduce on-site water demand and harness the benefits of approximately 5 billion gallons of fresh water over 20 years by promoting healthy flooding patterns and recharging underground aquifers. It is expected. Dos Rios Norte restoration is also funded by the California Department of Fish and Wildlife, the California Department of Natural Resources, the California Wildlife Conservation Commission, and the U.S. Bureau of Reclamation.
In the greater Phoenix area, where Apple’s Mesa data center is located, Apple is working with the Salt River Project (SRP) to protect approximately 30,000 acres of forest at severe risk of wildfire. With a 10-year plan to strategically thin forests in the Colorado River Basin, this project will help protect the watershed from destruction from wildfires and ensure upstream reservoirs can continue to support local communities. Apple’s investment is the largest investment in SRP’s Resilient Water and Forest Initiative and is expected to bring the benefits of his nearly 2 billion gallons of water to the region.
Last year, Apple achieved its goal of 100% water replenishment for its corporate operations in India through its continued work with Uptime Catalyst Facility. In 2023, with support from Apple, an innovative results-based program delivered 23 million gallons of clean, affordable drinking water to communities from more than 300 water stations operated by local entrepreneurs. In another important area, Southern California, a project to remove the invasive Arundo donax sugarcane in the Los Angeles River Basin continues, saving 21 million gallons of water annually.
In addition to pursuing watershed restoration and other nature-based replenishment solutions in high-stress regions, Apple is committed to smart water management across its business. In 2021, Apple’s data center in Prineville, Oregon, was certified to the Alliance for Water Stewardship’s (AWS) International Water Stewardship Standard, a trusted global framework for measuring responsible water management. This is my first data center. Since then, Apple has certified four additional data centers to the standard and helped 20 supplier sites achieve certification as well. Over the past year, seven of his supplier locations in southern India and more than 20 supplier locations near Shanghai and Suzhou in China have participated in water management training with AWS and other companies in the industry.
Accelerating progress through green investing
In the U.S. and around the world, Apple’s green bonds are also helping to enable these new investments. Last year, Apple used the proceeds from its 2019 Green Bond to fund new clean energy projects, including a new solar project in Michigan and the IP Radian solar project in Texas, as well as the Supplier Clean Energy Program. support, and recover funds. Since 2016, Apple has issued a total of $4.7 billion in green bonds, with approximately $3.4 billion allocated to date.
For more information about Apple’s green bond efforts, please visit investor.apple.com/Apple_GreenBond_Report. This year’s Annual Impact Report highlights Apple’s impact on environmental projects that incurred spending between September 29, 2019 and September 30, 2023 (Apple’s fiscal years 2023, 2022, 2021, and 2020). Targets cumulative allocation of 2019 green bond proceeds. Sustainalytics provided a second-party opinion on selected projects and Ernst & Young LLP provided an attestation report on expenditures.
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