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FX.co ★ Apple issues green bond after Trump's Paris climate exit

Apple issues green bond after Trump's Paris climate exit

Apple issues green bond after Trump's Paris climate exit

If the US president does not care about the environmental future of our planet, then other citizens of America will take responsibility for it. President Donald Trump withdrew the United States from the Paris climate agreement considering the environmental issues of little importance for the country. Well, an official not caring about the ecology will hardly surprise anyone. The global community was much more surprised by the decision of Apple to issue a $1 billion green bond dedicated to financing renewable energy resources, energy efficiency at Apple facilities and in its supply chain and procuring safer materials for its products.

Such decisions are not very popular among major businessmen. It seems they would rather issue "yacht bonds" to fund buying a new yacht or "holiday bonds" to support organizing memorable events. However, not everyone in the business community has such a rich imagination. The owners of the world's largest company think different, so they issued the green bond to demonstrate their commitment to the Paris climate accord. “Leadership from the business community is essential to address the threat of climate change and protect our shared planet,” said Lisa Jackson, Apple's vice president of environment, policy and social initiatives. This is not the first time when Apple Inc. stands for the environmental future. The company also issued $1.5 billion green bond last year.

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