Apple launches clean energy fund in China

Apple has launched a first-of-its kind clean energy fund in China with a host of suppliers aimed at providing clean energy to more than one million homes. Apple will invest $300 million in the fund over the next four years.

“At Apple, we are proud to join with companies that are stepping up to address the climate challenge,” says Lisa Jackson, Apple’s vice president of Environment, Policy and Social Initiatives. “We’re thrilled so many of our suppliers are participating in the fund and hope this model can be replicated globally to help businesses of all sizes make a significant positive impact on our planet.”