Apple and partners launch first-ever $200 million Restore Fund to accelerate natural solutions to climate change

Apple has announced a first-of-its-kind carbon removal initiative — called the Restore Fund — that will make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors. Launched with Conservation International and Goldman Sachs, Apple’s $200 million fund aims to remove at least 1 million metric tons of carbon dioxide annually from the atmosphere, equivalent to the amount of fuel used by over 200,000 passenger vehicles, while demonstrating a viable financial model that can help scale up investment in forest restoration.  “Nature provides…

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Apple launches major new Racial Equity and Justice Initiative projects to challenge systemic racism, advance racial equity nationwide

Apple has announced a set of major new projects as part of its $100 million Racial Equity and Justice Initiative (REJI) to help dismantle systemic barriers to opportunity and combat injustices faced by communities of colour. These forward-looking and comprehensive efforts include the Propel Center, a first-of-its-kind global innovation and learning hub for Historically Black Colleges and Universities (HBCUs); an Apple Developer Academy to support coding and tech education for students in Detroit; and venture capital funding for Black and Brown entrepreneurs. Together, Apple’s REJI commitments aim to expand opportunities…

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Apple expands partnership with (RED) to combat HIV/AIDS and COVID-19

As the COVID-19 pandemic continues, Apple is offering more ways than ever for customers to support (RED)’s fight against HIV/AIDS in Africa while simultaneously protecting those communities from COVID-19. In 2006, Apple joined (RED)’s mission to end the HIV/AIDS epidemic in sub-Saharan Africa. Over the last 14 years, Apple’s partnership with (RED) has led to almost $250 million in donations for the Global Fund’s HIV/AIDS programs that offer prevention, testing, and counselling services. Since 2006, Apple-supported grants have provided over 10.8 million people with care and support services, helped with…

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Apple expands renewable energy footprint in Europe

Apple has announced it will invest in the construction of two of the world’s largest onshore wind turbines, a source of clean, renewable energy that will bring its supply chain and products one step closer to carbon neutrality. Located near the Danish town of Esbjerg, the 200-meter-tall turbines are expected to produce 62 gigawatt hours each year — enough to power almost 20,000 homes — and will act as a test site for powerful offshore wind turbines. The power produced at Esbjerg will support Apple’s data centre in Viborg, with…

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Apple commits to be 100 percent carbon neutral for its supply chain and products by 2030

Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral today for its global corporate operations, and this new commitment means that by 2030, every Apple device sold will have net zero climate impact. “Businesses have a profound opportunity to help build a more sustainable future, one born of our common concern for the planet we share,” said Tim Cook, Apple’s CEO. “The innovations powering our environmental journey are not only good…

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