Apple issues 1 billion dollar "green" bond after US announces withdrawal from Paris agreement
"Climate change: Apple shows Trump the way, issues $1 bn 'green' bond", 14 Jun 2017
To bolster its efforts to help the environment along with signalling the US President Donald Trump that global tech companies still care for climate, Apple has issued its second "green" bond valued at $1 billion. Combined with Apple's $1.5 billion "green" bond issued last year to run 100 percent of its operations on renewable energy, the new offering would make Apple the single-largest US dollar-denominated issuer in the market, Fortune reported on Tuesday."Leadership from the business community is essential to address the threat of climate change and protect our shared planet," Lisa Jackson, Apple's vice president of environment, policy, and social initiatives...said in a statement....The announcement comes after Trump announced the US will pull out of the Paris climate accord. The move was opposed by Apple then. Apple, including Microsoft and Facebook, sent a letter to Trump opposing the Paris accord move by the US...Globally, the green bond market may exceed $200 billion this year, more than double the $93 billion in issued in 2016.