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(2016 :Raised $1.5bn, Largest green bond issued by any U.S. corporation2017 $1bn2019 €2bn)Green bond proceeds are used for projects that address Apple's three strategic environmental priorities :Reduce company's impact on climate change (renewable energy sources; energy efficiency in facilities, products, and supply chain)Promote the use of safer materials in products and processesConserve natural resourcesBased on what criteria are environmental projects selected?Alignment of the projects with Apple's strategic environmental objectivesThe magnitude of environmental benefits(are they quantifiable, ex the amount of emissions reduced)Measurability of environmental benefits(larger benefits, more change to get funded)Feasibility to track and audit the project-related expenditures(only financial criteria, money needs to be used for green project so need to track hat)
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