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Apple's $4.7 billion in green bond spending will help create 1.2GW of clean energy
Release time:2024-09-19click:0
March 17 news, according to foreign media reports, today, Apple said that its US$4.7 billion green bond expenditure will help create 1.2GW of clean energy, thereby bringing clean energy to local communities while reducing carbon emissions.
Green bonds are a class of fixed-income securities that raise funds for projects with environmental benefits, such as renewable energy or low-carbon transportation.
Apple said that in 2020, it funded 17 green bond projects that will avoid an average of 921,000 metric tons of carbon emissions per year, which is equivalent to taking nearly 200,000 cars off the road. Hit the road. The projects will generate 1.2GW of renewable energy across the site.
Last year, Apple added more than 350MW of renewable energy in Nevada, Illinois, Virginia and Denmark.
Foxconn is a major iPhone assembler and a component supplier to Apple and other companies. Apple has been working with Foxconn since 2018 to develop translucent lenses for its AR glasses. Currently, this lens has transitioned from the prototype design stage to the trial production stage.
(Original title: Apple’s US$4.7 billion in green bond spending will help create 1.2GW of clean energy)