Apple Energy, LLC is a fully owned subsidiary of Apple Inc. (apple stock) It is that company that sells solar energy on June 6, 2016.
Apple’s solar farm in Nevada and California are declared to prove 217.9 Megawatts of solar energy at one time.
Apple’s solar energy production has received approval to construct landfill gas production in North Carolina. Apple uses methane to provide electricity.
Apple’s North Carolina centre is already provided with electricity from renewable natural resources.
- Energy and resources:-
Following the Greenpeace protest, Apple released a statement on April 17, 2012, that they will cut the use of coal and use only clean and renewable natural resources.
By 2013 Apple was fully using renewable clean energy, and almost 100% of their data centre’s were using clean, renewable energy.
In 2010 Climate count a company gave Apple a score of 52 points out of 100 based on their usage of electricity.
While in 2008 it was given the rate of 8 points out of 100 which placed the company last in the electronics companies.
Electronic product Environment Assessment Tool (EPEAT) allows the consumers to see the effect of a product on the environment.
Then they rate that company on behalf of their environmentally damaging products that is gold, silver and bronze.
During an Apple event on March 21, 2016, It was proved that Apple was using all 100% natural power and was called as the most efficient company of all time.
Apple has built a large solar power plant in China to power its production facility there so that they can use natural renewable energy.
While following the Greenpeace campaign, Apple eliminated the use of Polyvinyl Chloride (PVC) in the year 2008 and also Brominated flame retardants (BFR).
In 2007 Apple replaced cold Cathode fluorescent lamp (CCFL) from their LCD display in their computers.
In November 2011 Apple was featured in Greenpeace guide to safer electronics which lower the use of highly dangerous pollutants.
All the Apple products now have an arsenic-free glass, and mercury-free LED-backlit LCD display and non PVC cables.
In January 2012 Apple finally decided that they will no longer use PVC cable and will begin using halogen-free USB cables.
- Green bonds:-
In February 2016, Apple was the first company to donate 1.6 Billion USD to the green bond company, which a tech company was created in the US.
This company is used to finance all those companies which help to save the environment. If you want to buy the share of Amazon, you can check its income statement at https://www.webull.com/income-statement/nasdaq-aapl.