Climate change As a global business, we believe it is our responsibility to take strong, decisive, and inclusive steps to mitigate our climate impact. We’ve committed to achieving carbon neutrality — reducing emissions 75 percent compared with fiscal year 2015 and balancing the residual emissions with carbon removal — across the life cycle of all of our products by 2030. 1 And the Science Based Targets initiative (SBTi) has validated an emissions reduction target for Apple derived from this goal. 2 It’s an ambitious plan with plenty of challenges ahead. But we’re already well on our way, having cut carbon emissions across our value chain by 40 percent since fiscal year 2015. Our work began years ago, making the transition to sourcing 100 percent renewable electricity at our offices, retail stores, and data centers, At Apple, we’re acting with urgency to protect our planet’s limited resources and to be a leader in the fight against climate change. Since 2020, we’ve been carbon neutral for our worldwide operations, and by 2030, we plan to expand that progress to our entire supply chain and the lifetime use of our products. And today, nearly 20 percent of the materials in our products were made from recycled content — a number we’re working to increase. Across our environmental work, we’re also committed to being a force for equity. We’re working with communities on the frontlines of climate change and the next generation of diverse entrepreneurs to create shared opportunity and to build a more just world. Our approach The environmental challenges we face today are significant, and we’re responding with urgency and dedication. We approach our work by focusing on fundamental questions. What matters most? And where can we make the greatest impact? These questions guide our work across our strategic focus areas of climate change, resources, and smarter chemistry — and inform our goals in how we can best achieve change. We know we’re not alone in working to reduce our environmental footprint. So we’re engaging with others to support our efforts and find opportunities to lift local communities along the way. Setting ambitious goals is essential to our approach — to drive the innovation and collaboration that makes change possible and to be transparent and accountable to our progress. Our work is led by Lisa Jackson, Apple’s Vice President of Environment, Policy and Social Initiatives, reporting directly to CEO Tim Cook. The Environment, Policy and Social Initiatives team works with other teams across Apple to set strategy, engage stakeholders, and communicate progress. Our integrated approach means that decisions about the environment are reviewed and supported at the highest levels of the company. Our 2022 Environmental Progress Report provides a detailed overview of our work and how we’re progressing toward our goals. which we achieved in 2018. And in 2020, we reached the milestone of being carbon neutral for our corporate operations, including direct emissions as well as business travel and employee commute. Our 10-year Climate Roadmap is addressing Apple’s carbon footprint through five pillars: Low-carbon design: We will design products and manufacturing processes to be less carbon-intensive through thoughtful material selection, increased material efficiency, and greater product energy efficiency. Energy efficiency: We will increase energy efficiency at our facilities and in our supply chain by finding opportunities, such as retrofitting, to reduce energy use. Appendix Governance Communities Suppliers Customers Our People Environment Introduction Apple’s 2022 ESG Report 13