{"id":22863,"date":"2014-03-03T13:59:26","date_gmt":"2014-03-03T13:59:26","guid":{"rendered":"http:\/\/ecowatch.com\/?p=324039"},"modified":"2014-03-03T13:59:26","modified_gmt":"2014-03-03T13:59:26","slug":"apple-ceo-to-climate-denying-shareholders-get-out-of-stock","status":"publish","type":"post","link":"https:\/\/leedpoints.com\/green-building-blog\/apple-ceo-to-climate-denying-shareholders-get-out-of-stock\/","title":{"rendered":"Apple CEO to Climate-Denying Shareholders: \u2018Get Out of Stock\u2019"},"content":{"rendered":null,"protected":false},"excerpt":{"rendered":"

\"With<\/p>\n

The world’s largest tech company has no use for shareholders who lack concern for the world around us.<\/p>\n

Apple CEO Tim said as much Friday in a blunt advisory to investors who question the company’s decisions to invest in renewable energy<\/a> and establish environmentally conscious mandates.<\/p>\n

“Get out of stock,” he said Friday in response to an anti-environment proposal from the National Center for Public Policy Research (NCPPR), a Washington D.C.-based shareholder and think tank, according to Mashable<\/em><\/a>.<\/p>\n[caption id=\"attachment_324046\" align=\"alignnone\" width=\"500\"]\"With<\/a> With a history of powering its facilities with renewable energy, Apple has no problem turning away investors who are deny climate change. Photo courtesy of Shutterstock<\/a>[\/caption]\n

Prior to Apple’s annual shareholder meeting, NCPPR general counsel Justin Danhof wrote in a proposal that the organization’s members “object to increased government control over company products and operations, and likewise mandatory environmental standards … This is something [Apple] should be actively fighting, not preparing surrender.”<\/p>\n

Danhof went on to question company motives that he believed did not directly address investors’ return on investment (ROI). That seemed to further irk Cook.<\/p>\n

“We do a lot of things for reasons besides profit motive,” the CEO said. “We want to leave the world better than we found it.”<\/p>\n

Cook compared the company’s environmental investments to its decisions to make gadgets more accessible.<\/p>\n

“When we work on making our devices accessible by the blind, I don’t consider the bloody ROI,” he said, according to The Mac Observer<\/a><\/em>.<\/p>\n

Last year, Apple pledged to power its iCloud data centers<\/a> with renewable energy instead of coal. The company added a Reno, NV data center to its list of structure that wold  be powered with renewables.<\/p>\n

The company also hired former U.S. Environmental Protection Agency administrator Lisa Jackson<\/a> to oversee its environmental initiatives. Apple also filed patents<\/a> that could enable solar charging for the iPhone and other devices.<\/p>\n

About three-quarters of Apple’s facilities are powered by renewable energy.<\/p>\n

Visit EcoWatch’s S<\/a>USTAINABLE BUSINESS<\/a> page for more related news on this topic<\/strong>.<\/p>\n

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