Apple Inc.

"Apple Inc.'s net zero target is to achieve carbon neutrality for its entire carbon footprint by 2030, covering scope 1, 2, and 3 emissions. Net Zero Tracker
This is equivalent to a 62% reduction in emissions relative to 2019. Net Zero Tracker
The company has already achieved carbon neutrality for its corporate operations since April 2020. Net Zero Tracker
An interesting fact about Apple's environmental policy is that they use nature-based solutions to remove the remainder of their emissions and work with independent auditors to verify their impact. Net Zero Tracker
In addition, you can check out the …"

Current Score (vs. LY)

72.3 pts (-2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #9

S&P100: #7

Information Technology: #5

80.0%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

83.3%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

50.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 55,20047,43052,730
Scope 2 - location-based 1,003,246890,2000
Scope 2 - market-based 2,78000
Scope 1-2 - location-based 1,058,446937,63052,730
Scope 1-2 - market-based 57,980 NA NA
Scope 3 23,128,42022,547,00024,981,000
Total - location-based 24,186,86623,484,63025,033,730
Total - market-based 23,186,400 NA NA

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 13,547,65730,144,223
Methodology Pre-calculated sector intensity (revenue)Scope 3 based on previous year

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Apple Inc. belongs to the sector Information Technology.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 7.000000000000001 2012 2020
S1S2S3MKT 62.0 2019 2030
S1S2MKT 52.0 2012 2036

Net Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2S3MKT 100.0 2019 2030

Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2030

Net Zero Policy

The company has a net zero policy : every year, carbon emissions will be balanced with carbon offsets, on S1S2S3MKT scope emissions. Note that emissions cover all the (relevant) scope 3 categories


Science-based Targets (SBTI)

Date Published / Updated :01/05/2021

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 No target No
Apple Inc. is a member of the Business Ambition for 1.5 campaign (link here )

Apple, Inc. commits to reduce absolute combined scope 1, 2 and 3 GHG emissions 62% by FY2030 from a FY2019 base year. Apple also commits to continue annually sourcing 100% renewable electricity through FY2030.* *The target boundary includes biogenic emissions and removals from bioenergy feedstocks.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Apple by zerotracker.net: Oct. 21, 2023
Planning to use external offset credits Yes
Separate targets for emission reductions and removals Yes
Conditions on use of offset credits
  • Other conditions
  • Must be high environmental integrity
Plans for carbon dioxide removal (CDR) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Additional notes: "For the emissions we can’t avoid, we use high-quality offsets as an interim solution. We’re intentional about identifying avoided deforestation and removal projects that are of the highest standard and that achieve meaningful impact. We often originate our own projects working with a reputable partner, like Conservation International, or we carefully select projects from third-party certified registries." (p28) Separate target: 75% reduction by 2015 baseline, remove the remaining 25%. "Our 2030 Climate Roadmap aims to reduce our emissions by 75 percent compared with 2015 levels, as well as scale up carbon removal strategies to address the remaining emissions that we can’t yet avoid." (p27) pp27-28 describe how they invest in their own nature-based removals, in addition to purchasing external offsets.

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 -2.5
3 CDP score demonstrates the level of transparent disclosures 9.0 10.0 0.0
Transparency 24.0 30.0 -2.5
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 8.333333333333334 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 5.0 10.0 0.0
7 Targets are science-based as validated by SBTi 10.0 10.0 0.0
Commitments 33.333333333333336 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 10.0 10.0 0.0
Results 15.0 30.0 0.0
Total 72.3 100.0 -2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 5.0 -2.5 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A- 9.0 / 10.0 9.0 0.0 9.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include an intermediate target by 2030? 2020 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 4.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? Net Zero Policy 5.0 / 5.0 5.0 0.0 5.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2030 3.3 / 5.0 3.3 0.0 3.3
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3? 6.6
5.0 / 5.0 5.0 0.0 5.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 10.0 0.0 10.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 19.5
Actual (in %): 63.9
5.0 / 5.0 5.0 0.0 5.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
Forward-looking reduction could not be calculated
 0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %): 11.3
Actual (in %): 7.4
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 6.6
Actual (in %): -2.6
0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 10.0 0.0 5.0
Total 72.3 / 100.0 74.8 -2.5 69.8


Available Data Sources

Reporting Year 2022 2021 2021 2021 2020 2020 2020 2020 2019 2019 2019 2019 2019
Source Wikirate (NV) NZPDU Public Yourstake CDP NZPDU Public Wikirate (NV) Public Wikirate (NV) CDP CDP NZPDU
Publication Year 2023 2022 2022 2022 2021 2021 2021 2021 2022 2021 2021 2020 2020
Scope 1 55,200 55,200 55,200 55,200 47,430 47,430 47,430 47,430 52,730 52,730 52,730 50,549 52,730
Scope 2 - location-based 1,065,405 1,003,246 1,003,246 NA 890,200 890,200 0 0 0 0 862,127 862,127 862,127
Scope 2 - market-based NA 2,780 2,780 2,780 0 NA 0 NA 0 NA 0 0 NA
Scope 1-2 - location-based 1,120,605 1,058,446 1,058,446 55,200 937,630 937,630 47,430 47,430 52,730 52,730 914,857 912,676 914,857
Scope 1-2 - market-based NA 57,980 57,980 57,980 NA NA NA NA NA NA NA NA NA
Scope 3 334,262 23,128,420 23,128,420 23,130,000 22,547,000 22,547,000 22,547,000 22,550,000 24,981,000 24,980,160 0 25,065,200 25,065,200
Total - location-based 1,454,867 24,186,866 24,186,866 23,185,200 23,484,630 23,484,630 22,594,430 22,597,430 25,033,730 25,032,890 914,857 25,977,876 25,980,057
Total - market-based NA 23,186,400 23,186,400 23,187,980 NA NA NA NA NA NA NA NA NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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