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Welcomed two manufacturing partners, Taiwan Semiconductor Manufacturing Company (TSMC) and Murata Manufacturing, as new investors in the Restore Fund, which is designed to scale nature-based carbon removal while protecting critical ecosystems. TSMC will invest $50 million, and Murata will invest $30 million, bringing total commitments from $200 million to $280 million. Apple also announced the partners in the Restore Fund’s initial phase, including forest management company Symbiosis, and detailed its efforts to create sustainably certified working forests on degraded pasture and agricultural lands in South America’s Atlantic Forest (expected to exceed the goal of removing 1 million metric tons of CO2 from the air by 2025). PR »
Announced it has sourced enough clean electricity to power 100% of its European operations. This comes after the completion of a 30 MW windfarm project by Low Carbon, which through a virtual power purchase agreement, will supply 100GWh of electricity annually. This brings Ecolab’s global renewable electricity sourcing to 80%. PR »
Pledged to contract for at least $35 million worth of carbon removal credits in the next 12 months. This responds to the Department of Energy’s (DOE) call to companies to make bold purchase commitments, similar to DOE’s $35 million commitment, through its new Voluntary Carbon Dioxide Removal Purchasing Challenge. Google is the first company to pledge to match the DOE’s commitment dollar for dollar. PR »