Apple Inc. unveiled on Wednesday in a press release that Taiwan Semiconductor Manufacturing Company (TSMC), alongside Murata Manufacturing, is joining its Restore Fund.
The two companies will be investing $80 million, bringing the total of Apple's commitment to $280 million. The fund was created to "scale global investment in high-quality, nature-based carbon removal while protecting critical ecosystems."
Lisa Jackson, Apple's vice president of Environment, Policy, and Social Initiatives, remarked that investing in nature will lead to "a more resilient global economy" and at the same time help the international community combat climate change.
