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Apple Backs Clean Energy, Circular Economy Projects in India – ESG Today

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Apple introduced a sequence of latest sustainability initiatives in India, together with a brand new funding partnership to assist scale renewable vitality capability throughout the nation, in addition to partnerships geared toward decreasing plastic air pollution and supporting inexperienced options startups.

Apple’s new initiatives embrace an expanded collaboration with renewable vitality developer CleanMax, which is able to see Apple make investments INR 100 crore (USD$10.5 million) to help the event of greater than 150 megawatts of latest renewable vitality capability, and with the chance to increase additional sooner or later. Apple stated that the partnership will advance its efforts to scale renewable vitality throughout its provide chain in India.

Underneath its initiatives to cut back plastic air pollution, Apple introduced that it’s supporting recovery-focused recycling and waste administration tasks with WWF-India. The initiative builds on WWF-India’s collaboration with waste-management pioneer Saahas Zero Waste in Goa, centered on establishing amenities that gather, kind, and get better recyclable supplies with full traceability, stopping plastic leakage into surrounding ecosystems. Apple stated that it’s supporting WWF-India’s enlargement of the system to new areas, in collaboration with native authorities, communities, and waste staff.

Moreover, Apple stated that it has launched a brand new partnership with affect investor Acumen to help early-stage entrepreneurs, by offering catalytic grants to 6 inexperienced enterprises growing options throughout waste administration, round economic system and consumption, and regenerative agriculture and livelihoods, with this system additionally offering mentorship, strategic steering, technical help, and community entry to assist validate and scale promising enterprise fashions.

Sarah Chandler, Vice President of Surroundings and Provide Chain Innovation at Apple, stated:

“At Apple, our dedication to the surroundings can be a driving power for innovation — throughout the corporate and world wide. We’re proud to increase our efforts to spend money on India’s clear vitality economic system and shield the nation’s treasured pure assets.”



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Tags: AppleBacksCircularCleaneconomyEnergyESGINDIAProjectsToday
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