Climate Changed
Apple Issues a Second Green Bond to Finance Clean Energy
- IPhone maker selling debt for projects fighting climate change
- Part of company’s plan to make operations 100% renewable
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Apple Inc., which issued the biggest green bond ever sold by a U.S. corporation last year to finance projects fighting global warming, is doing it again.
On Tuesday, the iPhone maker issued a $1 billion green bond to fund renewable energy generation. It builds on $1.5 billion worth of bonds the Cupertino, California-based company sold a year ago to further its goal of running 100 percent of its operations on renewable energy.