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    1. Home
    2. >Business
    3. >Apple announces new clean energy investments, asks suppliers to decarbonize
    Business

    Apple Announces New Clean Energy Investments, Asks Suppliers to Decarbonize

    Published by Jessica Weisman-Pitts

    Posted on October 25, 2022

    2 min read

    Last updated: February 3, 2026

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    The image features the Apple Inc. logo, symbolizing the company's commitment to clean energy and decarbonization efforts as highlighted in their recent announcement on renewable energy investments in Europe.
    Apple Inc. logo at a retail store, representing clean energy investments - Global Banking & Finance Review
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    Tags:sustainabilityrenewable energycorporate social responsibility

    Quick Summary

    (Reuters) – Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related to the production of iPhones and other products.

    (Reuters) – Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related to the production of iPhones and other products.

    The company in 2020 had pledged to remove carbon emissions from its entire business, including products and its sprawling supply chain – which spans from Vietnam to Brazil – by 2030.

    The iPhone maker will now require its supply partners to report on progress on carbon neutrality goals, specifically Scope 1 and Scope 2 emissions reductions, related to the production of Apple products and will audit their progress annually.

    More than 200 suppliers, representing 70% of Apple’s direct manufacturing spending and including Corning Inc, Nitto Denko Corp, SK Hynix Inc, STMicroelectronics, TSMC and Yuto, have committed to using clean power such as wind or solar for all Apple production, Apple said.

    Apple had previously asked suppliers to commit to 100% renewable energy for Apple’s production.

    “We’re determined to be a ripple in the pond that creates a bigger change,” Chief Executive Officer Tim Cook said. Apple has been carbon neutral for its global corporate operations since 2020.

    Many multinational companies are increasingly looking into global supply chains to reduce their carbon footprint as climate change becomes a bigger focus for investors and regulators.

    Apple said the European investments are part of a strategy to address about 22% of its carbon footprint coming from the electricity customers use to charge their devices.

    With the construction of new projects in Europe, the company is aiming to power all Apple devices on the continent with low-carbon electricity, it said.

    In total, the planned investments will add 3,000 gigawatt hours per year of new renewable energy on the grid, Apple said.

    (Reporting by Nivedita Balu in Bengaluru; Editing by Savio D’Souza)

    Frequently Asked Questions about Apple announces new clean energy investments, asks suppliers to decarbonize

    1What are renewable energy sources?

    Renewable energy sources are energy sources that are replenished naturally, such as solar, wind, hydro, and geothermal energy. They are considered more sustainable than fossil fuels.

    2What is Scope 1 and Scope 2 emissions?

    Scope 1 emissions are direct greenhouse gas emissions from owned or controlled sources, while Scope 2 emissions are indirect emissions from the generation of purchased electricity.

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