In a press release today, Apple touted the significant progress it has made as part of its $4.7 billion Green Bond. Thanks to the bond, Apple has generated more than 1.2 gigawatts of clean power, removing an average of 921,000 metric tons of carbon emissions annually.
In 2016, Apple issued its first bond of $1.5 billion towards the project, followed by $1 billion in 2017. In 2019, Apple invested $2.2 billion.
Last year, Apple funded more than 17 projects, resulting in the reduction of nearly 1 million metric tons of carbon emissions globally, equivalent to removing 200,000 cars from the road, according to Apple. Lisa Jackson, Apple's vice president of environment, policy, and social initiatives, says the company is dedicated to pursuing investments to promote clean energy.
We all have a responsibility to do everything we can to fight against the impacts of climate change, and our $4.7 billion investment of the proceeds from our Green Bond sales is an important driver in our efforts. Ultimately, clean power is good business.
In addition to its investment in clean power, Apple has also allocated $2.8 billion into researching and funding new projects that "support low carbon design and engineering, energy efficiency, renewable energy, carbon mitigation, and carbon sequestration." The investments come on top of Apple's commitment last year to become fully carbon neutral across its entire business by 2030.
They couldn't have waited a wee bit longer and announce that they had generated 1.21 gigawatts? That would have made so many people's day. and we all need wee things like that just now ?
They couldn't have waited a wee bit longer and announce that they had generated 1.21 gigawatts? That would have made so many people's day. and we all need wee things like that just now ?
Don't really understand all the negativity in the comments here, would you rather they invest in coal power? I think it's great that apple has initiatives like this, sure wish some other companies would follow suit.
Really goes to show the scale of things and how much effort needs to go into reducing our carbon emissions. We emit something like 51 billion tones of CO2 per year, so this project costing 4.7 billion and reducing emissions by just under 1 million tones is just 0.002% of the way there…
Do any of these studies take into account what it takes to manufacture the solar panels? Lots of energy for one, but more than that, the mining of all the materials that have to be done to make the panels and the materials have their own issues.
The Indian government is planning to incentivize the creation of an "indigenous" mobile operating system to rival iOS and Android, the Ministry of Electronics and Information Technology has announced (via The Economic Times).
The proposal, announced on Monday by Minister of State for Electronics and IT Rajeev Chandrasekhar, will encourage the technology industry to create a homegrown Indian...
Thursday January 27, 2022 2:12 pm PST by Juli Clover
Apple now has over 1.8 billion active devices worldwide, a new record, Apple CEO Tim Cook said during today's earnings call covering the first fiscal quarter of 2022.
Apple's active install base includes iPhone, iPod touch, iPad, Mac, Apple TV, and Apple Watch, and it has grown from 1.5 active billion devices in January 2020 and 1.65 active billion devices in January 2021.
Cook did not...
Thursday February 3, 2022 12:30 am PST by Sami Fathi
Facebook has said measures being taken by Apple on iOS that make it harder for platforms and apps to track users across other apps and websites will cost its business $10 billion in 2022. Facebook yesterday reported $33.67 billion in revenue, and while higher than expected, earnings per share were shy of analyst expectations. Facebook, renamed to Meta, also offered lower guidance for the...
Ahead of the 2021 United Nations Climate Change Conference, also known as COP26, Apple today announced that it is adding 10 new projects for its "Power for Impact" initiative, which looks to bring clean energy solutions to communities around the world, and has more than doubled the number of its suppliers committed to using 100 percent clean energy over the past year.
Apple announced its...
Apple has aggressively defended its ecosystem in a newly-published response to the UK's competition watchdog.
The UK's Competition and Markets Authority (CMA) today published Apple's response to its Interim Report on mobile ecosystems, as well responses from dozens of other companies, including Google, Microsoft, and Epic Games.
The detailed 47-page response from Apple aggressively...
Friday January 14, 2022 3:52 am PST by Tim Hardwick
Apple is on an "aggressive hunt" for potential deals that would allow it to broadcast live sports content on its TV+ streaming service as part of a wider effort to boost subscription numbers, according to a new report from investment firm Wedbush.
In a new investor note, seen by MacRumors, Wedbush analyst Dan Ives said he regards Apple's decision not to acquire a movie studio yet as a clear...
Thursday January 27, 2022 1:50 pm PST by Joe Rossignol
Apple today reported its earnings results for the fourth quarter of 2021, which corresponds with the first quarter of the 2022 fiscal year. Overall, Apple reported revenue of $123.9 billion, which is an all-time quarterly record for the company.
On a category-by-category basis, Apple also set all-time quarterly revenue records for the iPhone, Mac, Wearables, and Services:iPhone: $71.6...
Apple has been lauded as "ungodly well-managed" by billionaire investor Charlie Munger, Yahoo Finance reports.
In an exclusive interview, the Berkshire Hathaway vice chairman told Yahoo Finance Editor-in-Chief Andy Serwer:I think Apple is one of the strong companies and will stay a strong company. I think it's ungodly well-managed.
Apple is now Berkshire Hathaway's largest stock holding,...
YouTuber Unbox Therapy has shared a hands-on look at the iPhone 14 Pro Max using what he claims is a one-to-one replica created by third-party case makers with access to detailed schematics and dimensions for Apple's new upcoming flagship smartphone.
As with the iPhone 13 Pro lineup, in 2022, we are expecting a 6.1-inch iPhone 14 Pro and a 6.7-inch iPhone 14 Pro Max, but this time the Pro...
Apple today released macOS Monterey 12.4, the fourth major update to the macOS Monterey operating system that launched in October 2021. macOS Monterey 12.4 comes over two months after the launch of macOS Monterey 12.3, an update that added Universal Control.
The macOS Monterey 12.4 update can be downloaded on all eligible Macs using the Software Update section of System...
Apple today released iOS 15.5 and iPadOS 15.5, the fifth major updates to the iOS and iPadOS 15 operating systems that were initially released in September 2021. iOS and iPadOS 15.5 come a little over two months after the launch of iOS 15.4 and iPadOS 15.4.
The iOS 15.5 and iPadOS 15.5 updates can be downloaded for free and the software is available on all eligible devices over-the-air in...
iOS 16 will include new ways of interacting with the system and some "fresh Apple apps," Bloomberg's Mark Gurman has said, offering some more detail on what Apple has in store for the upcoming release of iOS and iPadOS set to be announced in a few weeks at WWDC. In the latest edition of his Power On newsletter, Gurman wrote that while iOS 16 is not likely to introduce a major face-lift to...
The Apple Watch Series 8 could feature an all-new design with a flat display, according to the leaker known as "ShrimpApplePro."
In his latest video on the YouTube channel Front Page Tech, Jon Prosser highlighted information from ShrimpApplePro that suggests the Apple Watch Series 8 could feature a flat display in what seems to be a design originally rumored for the Apple Watch Series 7. ...
WhatsApp is working on a new feature that will allow users to "silently" leave group chats hosted by the messaging platform instead of all members of the group being notified when they do.
As it stands, when someone leaves a group chat, WhatsApp announces their exit to the entire group, making the act of leaving very public. It's not possible right now to leave a group quietly, but WhatsApp...
Apple today released tvOS 15.5, the fifth major update to the tvOS operating system that first launched in September 2021. tvOS 15.5 comes more than two months after the release of tvOS 15.4, an update that brought support for captive WiFi networks.
tvOS 15.5 can be downloaded over the air on the Apple TV through the Settings app by going to System > Software Update. Apple...
Apple on May 16 released iOS 15.5 and iPadOS 15.5, bringing improvements for Podcasts and Apple Cash, the ability to see Wi-Fi signal of HomePods, dozens of security fixes, and more.
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