About the report Reporting year: This report focuses primarily on fiscal year 2021 activities, unless otherwise noted. All references to a year throughout the report refer to Apple’s fiscal years, unless “calendar year” is specified. Apple’s fiscal year is the 52- or 53-week period that ends on the last Saturday of September. Alignment to reporting frameworks: The report leverages reporting frameworks and standards such as the Global Reporting Initiative (GRI), Sustainable Accounting Standards Board (SASB), and the Task Force on Climate-related Financial Disclosures (TCFD). Apple’s ESG Index maps the disclosures in this report and other Apple publications against the metrics in these reporting frameworks, as relevant to our business. Data assurance: We obtain third-party verification for scope 1, 2, and 3 greenhouse gas emissions, as well as energy use, paper use, and waste and water impacts for our data centers, offices, and retail stores worldwide. Apex Companies (Apex) provides “reasonable assurance” — one of the highest levels of verification in the industry — for this environmental impact data.. Apex also provides “limited assurance” of scope 3 renewable energy production and avoided carbon emissions related to our Supplier Clean Energy Program as well as energy savings associated with our Supplier Energy Efficiency Program. Scope 3 greenhouse gas emissions related to our products, calculated using life cycle assessment, are checked for quality and accuracy by the Fraunhofer Institute in Germany in accordance with the internationally recognized ISO 14000 environmental management standards: ISO 14040 and 14044. Finally, Apple’s plastic packaging footprint is also reviewed by Fraunhofer Institute. These assurance statements are available on pages 100-120 of Apple’s 2022 Environmental Progress Report . Data in this report reflects estimates using methodologies and assumptions believed to be reasonable and accurate. Those estimates, methodologies and assumptions may change in the future as a result of new information or subsequent developments. Those estimates, methodologies and assumptions may change in the future as a result of new information or subsequent developments. Forward-looking statements: The report does not cover all information about our business. References in this report to information should not be construed as a characterization regarding the materiality of such information to our financial results or for purposes of the U.S. securities laws. The information covered by the report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our ESG goals, targets, commitments, and strategies and related business and stakeholder impacts. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements, including any failure to meet stated ESG goals and commitments, and execute our strategies in the time frame expected or at all, as a result of many factors, including changing government regulations or stakeholder expectations, and our expansion into new products, services, technologies, and geographic regions. Forward- looking statements can also be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “will,” “would,” “could,” “can,” “may,” and similar terms. More information on risks, uncertainties, and other potential factors that could affect our business and performance is included in our filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. We assume no obligation to update any forward-looking statements or information for any reason, which speak as of their respective dates. Terminology: “Carbon emissions” refers to carbon dioxide equivalent emissions. “Team members” generally refers to Apple employees unless otherwise specified. Imagery: All photographs in the report showing people without masks were taken prior to the COVID-19 pandemic or in accordance with Apple and other local COVID-19 protocols. Appendix Governance Communities Suppliers Customers Our People Environment Introduction Apple’s 2022 ESG Report 84
ESG Report | Apple Page 83 Page 85