Apple isn’t far removed from being criticized for labor conditions in its supply chain. Back in 2012, ESG data provider EIRIS gave Apple a D on its sustainability efforts, for just one example. Actually, Apple has been working very hard on working conditions according to this piece from leading social auditing firm Verite, so one has to look further to see the true picture, as we wrote here at the same time for Bloomberg.
For those who understood the potential, Apple is now “all in” on solar energy, building a 280-MW solar energy farm in Monterey, California, and embarking on becoming an electric car manufacturer.
We have long been advocates of finding opportunities like Apple, whose corporate strategies lead to outperformance through sustainability strategy. This, in many ways, is the essence of an environmental investment.