On Tuesday, Apple Inc. announced new investments in solar and wind energy projects in Europe and urged its suppliers to decarbonize their operations for the manufacturing of iPhones and other goods. By 2030, the corporation promised to eliminate carbon emissions from all aspects of its operations, including its extensive supply chain that stretches from Brazil to Vietnam.
The iPhone manufacturer will now demand that its supplier partners report on their development toward the carbon neutrality targets, particularly their reductions in Scope 1 and Scope 2 emissions, connected to the creation of Apple goods, and will audit their development on an annual basis.
Apple Wants To Change Suppliers
More than 200 vendors, or 70% of its direct manufacturing spending, have agreed to power all of their operations using clean energy sources like wind or solar, according to them. These suppliers include Corning Inc., Nitto Denko Corp., SK Hynix Inc., STMicroelectronics, TSMC, and Yuto.
Previously, they had requested that suppliers commit to using only renewable energy in their production.
CEO Tim Cook stated, “We’re aiming to be a ripple in the pond that produces a broader impact. Since 2020, it has operated carbon-neutrally on a worldwide scale. As investors and authorities place more emphasis on climate change, more multinational corporations are increasingly examining worldwide supply networks to minimize their carbon impact.
According to Apple, the investments in Europe are a part of a plan to address the approximately 22% of its carbon impact that comes from the power users consume to charge their devices.
The business stated that it aims to provide all Apple gadgets on the continent with low-carbon electricity through the development of new projects in Europe.
According to Apple, the anticipated investments would result in an annual addition to the grid of 3,000-gigawatt hours of new renewable energy.