Apple Inc said on Tuesday it plans to remove carbon emissions from its entire business, including its products and sprawling supply chain, over ...
Apple Inc said on Tuesday it plans to remove carbon emissions from its entire business, including its products and sprawling supply chain, over the next decade.
The iPhone maker said its global corporate operations such as offices and data centers are already carbon neutral but that it will extend its effort to the thousands of suppliers that contribute to its products.Apple said it aims to achieve 75per cent of the goal by reducing emissions, with the remaining 25per cent coming from carbon removal or offset projects such as planting trees and restoring habitats.
Apple said 74per cent of its overall carbon emissions are generated by product manufacturing. To address the scope three emissions from manufacturing, Apple said it will help set up a US$100 million"U.S.-China Green Fund" to provide capital investments to suppliers for energy efficiency projects. Apple said its carbon removal or offset efforts will come via a fund to assist projects such as restoring mangrove ecosystems in Colombia and savannas in Kenya. The company did not disclose a dollar figure for the fund.
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