Apple also announced that construction on 40 megawatts of solar projects in the Sichuan Province is now complete. These solar installations produce more than the total amount of electricity used by Apple’s offices and retail stores in China, making Apple's operations carbon neutral in China.
“Climate change is one of the great challenges of our time, and the time for action is now,” said Tim Cook, Apple’s CEO. “The transition to a new green economy requires innovation, ambition and purpose. We believe passionately in leaving the world better than we found it and hope that many other suppliers, partners and other companies join us in this important effort.”
First, Apple is significantly expanding its clean-energy investments in China. Apple plans to build more than 200 megawatts of solar projects in the northern, eastern and southern grid regions of China, which will produce the equivalent of the energy used by more by than 265,000 Chinese homes in a year and will begin to offset the energy used in Apple’s supply chain.
Second, Apple is launching a new initiative to drive its manufacturing partners to become more energy efficient and to use clean energy for their manufacturing operations. Apple will partner with suppliers in China to install more than 2 gigawatts of new clean energy in the coming years.
Apple also will share best practices in procuring clean energy and building high-quality renewable energy projects, and provide hands-on assistance to some suppliers in areas like energy efficiency audits, regulatory guidance and building strong partnerships to bring new clean energy projects to China.
As part of Apple’s industry-leading program, Foxconn will construct 400 megawatts of solar, starting in the Henan Province, by 2018. Foxconn has committed to generate as much clean energy as its Zhengzhou factory consumes in final production of iPhone.
“We are excited to embark on this initiative with Apple. Our companies share a vision for driving sustainability and I hope that this renewable energy project will serve as a catalyst for continued efforts to promote a greener ecosystem in our industry and beyond,” said Terry Gou, founder and CEO of Foxconn Technology Group. “Sustainability is a core pillar in Foxconn’s strategy and we are committed to investing in green manufacturing.”
“Being responsible, protecting air and water, and driving clean energy are at the heart of Apple’s commitment to China,” said Lisa Jackson, Apple’s vice president of Environment, Policy and Social Initiatives. “These projects go beyond Apple’s operations in China to help our suppliers adopt clean renewable energy.”
Apple has taken significant steps to protect the environment by transitioning from fossil fuels to clean energy. Today the company is powering 100 percent of its operations in China and the US, and more than 87 percent of its worldwide operations, with renewable energy.
Learn more about Apple’s environmental efforts at www.apple.com/environment.
Apple in China
Apple operates 19 corporate offices and 24 retail stores in Greater China, directly employing 10,000 people. In total, Apple has helped create and support over 4.4 million jobs in China, including at least 1.4 million iOS app developer jobs and other positions related to the iOS ecosystem.
PURCHASE, N.Y. – October 19, 2015 – The digital shift in payments is the biggest change in the industry since the introduction of plastic, and the next five years could see more change than took place in the previous fifty. MasterCard is thinking differently, designing products differently and innovating faster than ever before to make sure every MasterCard account is as digital as the consumers using them around the world.
Join MasterCard at Money20/20, October 24-28 at the Venetian Hotel in Las Vegas, to hear and see how the company is creating safer and richer mobile and digital experiences for consumers who are moving from the offline and disconnected world to being constantly connected.
Engaging Developers to Create the “Next Big Thing”
On Saturday, October 24, MasterCard will be one of nine companies sponsoring the Money20/20 Hackathon. The MasterCard Open API team will be on hand to help participants build real and scalable innovations that reach new sets of customers around the world. They’ll also challenge participants to create a VIP shopping experience by leveraging the power of connected devices and visualization, with winners receiving an amazing set of prizes.
Driving Industry Dialog on the Future of Commerce
Over the course of the conference, MasterCard executives will participate in moderated panel discussions within tracks covering innovation, tokenization, safety and security, financial inclusion, and biometrics, among others.
Complementing the formal show agenda, MasterCard executives will lead several sessions within its space in the exposition hall (Booth #1109) as part of a “conference within a conference” series. All Money20/20 attendees are invited to attend these #LetsConnect sessions, with additional details on the topics and corresponding calendar found here.
Showcasing What’s Next in the Future of Commerce
Also within its exhibit space (Booth #1109), MasterCard will feature live immersive product demonstrations – from simplifying the way you do laundry, speeding mobile payments at gas stations and convenience stores, to using a “selfie” to complete a payment – showcasing its work with partners and customers to power the future of connected commerce.
Be sure to visit the MasterCard Engagement Bureau and follow @MasterCardNews on Twitter for updates on Money20/20. If you are a member of the media planning to attend, please This email address is being protected from spambots. You need JavaScript enabled to view it. to set up a meeting.
About MasterCard
MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.
Media Contact:
Marisa Grimes
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