Lisa Jackson, Apple’s vice president of environment, policy and social initiatives, told Reuters “this will allow investors to show they will put their money where their hearts and concerns are.”
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Apple says the bonds will help fund clean energy projects that touch just about every part of the company. Green building initiatives (like Apple’s incoming ‘spaceship’ campus) and resource conservation efforts like Apple’s goal of creating its own supply chain for packaging materials are already underway.
The bond initiative was spearheaded at the recent UN Climate Summit, where Jacksons aid hundreds of companies pledged greener investments moving forward. Apple will adhere to green bond principles established by Blackrock and JP Morgan Chase & Company.