Latest news
- Date 13 March 2024
- Words by Climate Asset Management
- Reading time < 1 mins
Apple expands innovative Restore Fund with TSMC and Murata
Climate Asset Management is managing the $80 million extension of the Restore Fund in addition to Apple's initial commitment of $200 million announced in 2023. Opening up Apple's Restore Fund to its supply chain offers suppliers a new source of nature-based carbon removal projects, allowing them to address residual emissions as they decarbonise their operations.
“We are delighted that Murata and TSMC have become partners in Apple’s Restore Fund. To have the commitment of established global organisations is a validation of our focus and approach. We are thrilled to be supporting them on their work to achieve climate goals.”