Apple Launches New Clean Energy Fund in China
13 Luglio 2018 - 01:00AM
Business Wire
Ten Suppliers Will Jointly Invest in Climate Change Solutions in
China
Apple® today announced a new first-of-its-kind investment fund
in China to connect suppliers with renewable energy sources. As
part of Apple’s commitment to address climate change and increase
the use of renewable energy within its supply chain, 10 initial
suppliers and Apple will jointly invest nearly $300 million over
the next four years into the China Clean Energy Fund. The fund will
invest in and develop clean energy projects totaling more than 1
gigawatt of renewable energy in China, the equivalent of powering
nearly 1 million homes.
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A photovoltaic facility in Sichuan
province, China contributes to Apple’s 100 percent clean energy
profile. (Photo: Business Wire)
“At Apple, we are proud to join with companies that are stepping
up to address the climate challenge,” said Lisa Jackson, Apple’s
vice president of Environment, Policy and Social Initiatives.
“We’re thrilled so many of our suppliers are participating in the
fund and hope this model can be replicated globally to help
businesses of all sizes make a significant positive impact on our
planet.”
Transitioning to clean energy can be complex. This is especially
true for smaller companies that may not have access to viable clean
energy sources. By virtue of its size and scale, the China Clean
Energy Fund will give its participants the advantage of greater
purchasing power and the ability to attain more attractive and
diverse clean energy solutions. The China Clean Energy Fund will be
managed through a third party, DWS Group, which specializes in
sustainable investments and will also invest in the fund.
Today’s news follows Apple’s announcement earlier this year that
its global facilities are powered by 100 percent clean energy and
the launch of its Supplier Clean Energy Program in 2015. Since that
program began, 23 manufacturing partners, operating in more than 10
different countries, have committed to powering all of their Apple
production with 100 percent clean energy. Apple and its suppliers
will generate more than 4 gigawatts of new clean energy worldwide
by 2020 — representing one-third of Apple’s current manufacturing
electricity footprint.
Apple is also working with its suppliers to find new ways to
reduce greenhouse gas emissions. The company recently announced it
reached a breakthrough with aluminum suppliers Alcoa Corporation
and Rio Tinto Aluminum on a new technology that eliminates direct
greenhouse gas emissions from the traditional smelting process, a
key step in aluminum production.
The initial suppliers participating in the China Clean Energy
Fund include:
- Catcher Technology
- Compal Electronics
- Corning Incorporated
- Golden Arrow
- Jabil
- Luxshare-ICT
- Pegatron
- Solvay
- Sunway Communication
- Wistron
For more on Apple’s environmental initiatives, visit
apple.com/environment.
Apple revolutionized personal technology with the introduction
of the Macintosh in 1984. Today, Apple leads the world in
innovation with iPhone, iPad, Mac, Apple Watch and Apple TV.
Apple’s four software platforms — iOS, macOS, watchOS and tvOS —
provide seamless experiences across all Apple devices and empower
people with breakthrough services including the App Store, Apple
Music, Apple Pay and iCloud. Apple’s more than 100,000 employees
are dedicated to making the best products on earth, and to leaving
the world better than we found it.
NOTE TO EDITORS: For additional information visit Apple Newsroom
(www.apple.com/newsroom), or call Apple’s Media Helpline at (408)
974-2042.
© 2018 Apple Inc. All rights reserved. Apple and the Apple logo
are trademarks of Apple Inc. Other company and product names may be
trademarks of their respective owners.
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AppleKeri Fulton, 240-595-2691keri_fulton@apple.com
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