via @businessinsider https://www.businessinsider.com/apple-report-identifies-risks-business-opportunities-climate-change-2019-1 about
The A List 2018
Our annual A List names the world’s businesses leading on environmental performance. This year, we recognize more than 140 corporates as the pioneers acting on climate change, water security and deforestation, and building our future economy: one that works for both people and planet.
Talking about Apple’s answers, Business Insider excerpts:
risks, opportunities, and the specific personnel at the company overseeing Apple’s environmental program. Apple confirmed that the answers were submitted on behalf of Apple and that the report is voluntary and isn’t required by a government regulator. While the estimates are based on public information, the report offers an interesting assessment of how Apple views the impact of climate change on its business.
For example, Apple said it would «more likely than not» benefit if various governments increased their rules about how power-efficient electronics need to be. «Apple would be well positioned to benefit from such regulations, due to our ongoing focus on the energy efficiency of our products,» the company said in the report.
The potential benefit? $2.3 billion, calculated by estimating a hypothetical increase in Apple’s total sales.
Another eye-opening opportunity that Apple identified in the report is that increased severe weather events could increase the demand for iPhones: «Mobile devices can serve as the backbone communication network in emergency and quasi-emergency situations,» Apple wrote.
in addition to opportunities, there are still severe risks to Apple’s business that could be caused by climate change.
For example, Apple said that severe weather events could «strain the infrastructure systems» it needs to manufacture and sell its products.
Potential cost? $300 million — a significant sum, though a fraction of Apple’s 2017 operating expenses of $194 billion.
Apple also said that being environmentally conscious was important for its reputation. »
«Though any one incident is unlikely to affect the Company’s reputation, over time and cumulatively a perceived lack of transparency could detract from Apple’s brand value, and could reduce people’s inclination to purchase from, invest in, or work for Apple,» it continued.
So far, according to the report, many aspects of Apple’s business haven’t been affected, but Apple is planning for the future. One example that it provides is that at its new headquarters, it has installed drought-resistant trees and built berms — an investment of about $60 million.
Apple issues an environmental report every year and 100% of its stores, offices, and other operations are powered by renewable energy, the company proudly says. Leading Apple’s internal environmental efforts is Lisa Jackson, a former head of the US Environmental Protection Agency