Apple Inc. has announced significant investments into its Restore Fund, aimed at carbon reduction and environmental restoration efforts. TSMC and Murata Manufacturing have committed to investing up to $50 million and $30 million, respectively, into a fund managed by Climate Asset Management. This move brings the total committed capital to the Restore Fund to $280 million. The investments are part of Apple's broader initiative to demonstrate its commitment to environmental sustainability, including efforts to restore a Brazilian rainforest and protect over 3,000 types of trees from extinction. Apple has faced criticism regarding its carbon neutral plans but has refuted these claims by highlighting its contributions to environmental restoration projects.
To counter claims that its carbon-reduction claims are merely “climate-washing”, #Apple has spotlighted how it’s helping restore a Brazilian rainforest and attempting to save over 3,000 types of trees from extinction.👀 https://t.co/k5BFQss4Wp
Apple refutes criticism of its carbon neutral plans by showcasing its rainforest efforts https://t.co/cn8jmblMC5 #Apple
Apple Suppliers Donate to Restore Fund for Sustainable Forests and Other Carbon Removal Projects https://t.co/lBvRQ3L0K4 https://t.co/WRb8zX0v2Y
Aiming to show that its carbon reduction efforts are not mere "climate-washing," Apple has spotlighted how it is contributing to the restoration of a Brazilian rainforest. By @WGallagher https://t.co/G46XpGFsGd
Apple suppliers TSMC and Murata Manufacturing are joining the iPhone maker’s green investment fund, bringing the total amount of committed capital to $280 million. https://t.co/vhpX8kCklO
Apple expands Restore Fund with new investments from TSMC and Murata https://t.co/LMusOqkHXs by @ChanceHMiller
APPLE INC- TSMC WILL INVEST UP TO $50 MILLION IN A FUND MANAGED BY CLIMATE ASSET MANAGEMENT APPLE INC- MURATA WILL INVEST UP TO $30 MILLION IN THE SAME FUND