In its latest Environmental Progress Report, Apple said that nearly 20% of materials used in its products last year were recycled.
The company said it used recycled gold for the first time to plate the main logic board and wire in the front and rear cameras of the iPhone 13 and 13 Pro.
Almost all of the aluminum in Apple products was recycled metal, with recycled rare earth elements and tin accounting for 45% and 30% of the total.
The company’s recycling robot, Daisy, recycled about 13% of the total amount of cobalt used.
As people around the world celebrate Earth Day, Lisa Jackson, Apple’s vice president for Environment, Policy, and Social Initiatives, said that the company is making progress in addressing the climate crisis and will one day make products without taking anything from the earth.
The anniversary of the modern environmental movement of 1970 is marked by Earth Day.
Taz is a machine that uses a novel approach to improve material recovery from traditional electronics recycling.
The analyst says that Taiwanese assembler is prioritizing Apple overTesla.
As consumers, employees, regulators, and policymakers seek increasing commitment from companies for ensuring high standards ofsustainability and responsibility, environmental, social, and governance criteria is now a buzzword.
Apple’s net emissions were flat in the year when its revenue grew. Since 2020, its global operations have been carbon neutral, and it has been using 100% renewable energy to power its offices, stores, and data centers.
It has assumed more significance because of the current tensions that have left components in short supply and input prices soaring.
Apple shares closed Tuesday’s session at $167.40.
Will Apple be able to overcome weak demand and supply disruptions for its products?