The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
Apple CEO to Climate-Denying Shareholders: ‘Get Out of Stock'
The world's largest tech company has no use for shareholders who lack concern for the world around us.
Apple CEO Tim said as much Friday in a blunt advisory to investors who question the company's decisions to invest in renewable energy and establish environmentally conscious mandates.
"Get out of stock," he said Friday in response to an anti-environment proposal from the National Center for Public Policy Research (NCPPR), a Washington D.C.-based shareholder and think tank, according to Mashable.
Photo courtesy of Shutterstock
Prior to Apple's annual shareholder meeting, NCPPR general counsel Justin Danhof wrote in a proposal that the organization's members "object to increased government control over company products and operations, and likewise mandatory environmental standards ... This is something [Apple] should be actively fighting, not preparing surrender."
Danhof went on to question company motives that he believed did not directly address investors' return on investment (ROI). That seemed to further irk Cook.
"We do a lot of things for reasons besides profit motive," the CEO said. "We want to leave the world better than we found it."
Cook compared the company's environmental investments to its decisions to make gadgets more accessible.
"When we work on making our devices accessible by the blind, I don't consider the bloody ROI," he said, according to The Mac Observer.
Last year, Apple pledged to power its iCloud data centers with renewable energy instead of coal. The company added a Reno, NV data center to its list of structure that wold be powered with renewables.
The company also hired former U.S. Environmental Protection Agency administrator Lisa Jackson to oversee its environmental initiatives. Apple also filed patents that could enable solar charging for the iPhone and other devices.
About three-quarters of Apple's facilities are powered by renewable energy.
EcoWatch Daily Newsletter
By Allegra Kirkland, Jeremy Deaton, Molly Taft, Mina Lee and Josh Landis
Climate change is already here. It's not something that can simply be ignored by cable news or dismissed by sitting U.S. senators in a Twitter joke. Nor is it a fantastical scenario like The Day After Tomorrow or 2012 that starts with a single crack in the Arctic ice shelf or earthquake tearing through Los Angeles, and results, a few weeks or years later, in the end of life on Earth as we know it.
Air pollution particles that a pregnant woman inhales have the potential to travel through the lungs and breach the fetal side of the placenta, indicating that unborn babies are exposed to black carbon from motor vehicles and fuel burning, according to a study published in the journal Nature Communications.
Teen activist Greta Thunberg delivered a talking-to to members of Congress Tuesday during a meeting of the Senate Climate Change Task Force after politicians praised her and other youth activists for their efforts and asked their advice on how to fight climate change.
The University of California system will dump all of its investments from fossil fuels, as the Associated Press reported. The university system controls over $84 billion between its pension fund and its endowment. However, the announcement about its investments is not aimed to please activists.
By Ngozi Okonjo-Iweala
World leaders have a formidable task: setting a course to save our future. The extreme weather made more frequent and severe by climate change is here. This spring, devastating cyclones impacted 3 million people in Mozambique, Malawi and Zimbabwe. Record heatwaves are hitting Europe and other regions — this July was the hottest month in modern record globally. Much of India is again suffering severe drought.
By Mark Hertsgaard
The United Nations Secretary General says that he is counting on public pressure to compel governments to take much stronger action against what he calls the climate change "emergency."