Resolution Criteria

Apple has committed to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. This market resolves based on whether Apple achieves this target by December 31, 2030.

Resolution will be determined by Apple's official Environmental Progress Report for fiscal year 2030 (or the most recent report available by end of 2030). The company must demonstrate carbon neutrality across Scopes 1, 2, and 3 emissions. Apple plans to reduce emissions by 75 percent by 2030 while developing innovative carbon removal solutions for the remaining 25 percent of its comprehensive footprint.

Verification sources:

• Apple Environmental Progress Reports

• Apple 2030 Initiative

Background

Apple has surpassed a 60 percent reduction in its global greenhouse gas emissions compared to 2015 levels, as part of its Apple 2030 goal to become carbon neutral across its entire footprint in the next five years. This involves reducing Scope 1, 2, and 3 emissions—encompassing all direct and indirect emissions from its operations and value chain—by 75% before offsetting the remaining 25% with high-quality carbon removal projects.

300 suppliers have agreed to use 100% clean energy for the company's manufacturing by 2030. Apple announced its first-ever carbon neutral products in the all-new Apple Watch lineup, with innovations in design and clean energy driving dramatic reductions in product emissions of over 75 percent for each carbon neutral Apple Watch.

Considerations

Some independent researchers have questioned the methodology behind Apple's carbon neutrality claims. Apple only plans to reduce its full value chain emissions by 63% compared to 2019 levels while offsetting the remainder, which does not represent the degree of decarbonization that the 'carbon neutral' terminology implies. Additionally, the company's 2030 target only covers electricity from Apple's share of suppliers' production, which may significantly limit the impact of Apple's renewable electricity target for suppliers, since suppliers may reallocate the renewable portion of their electricity between contractors.

This description was generated by AI.