CTW09.19-16. Apple
Apple’s Daisy system can disassemble 15 different iPhone models to harvest their recyclable parts. Courtesy of Apple Inc.Courtesy of Apple Inc.

    A global electronics giant tackles the growing problem of e-waste.

    Apple has long been one of the tech world’s leaders in greener manufacturing. A high proportion of its supply chain, for example, is powered by renewable energy. More recently, Apple has begun tacking one of its industry’s thornier problems: The fast-growing amount of often-toxic detritus created by discarded electronic gear. Apple in 2017 announced a goal of making all of its products from recycled or renewable material—and eventually, only from such material. In April, it opened its Material Recovery Lab in Austin, Texas, where the company is doing the research that it hopes will get it there. Among its innovations: A robotic recycling system called Daisy, which can disassemble up to 200 iPhones per hour and separate them into their component parts for eventual reuse.

    Click here to read Fortune’s inside look at Apple’s Material Recovery Lab.

    Company Information

    HeadquartersCupertino, Calif.
    Impact SegmentEnvironmental Impact
    IndustryComputers, Office Equipment
    CEOTim Cook
    Company TypePublic
    Prior Year Rank24
    Revenues ($M) (Last Fiscal Year)$265,595
    Profits ($M) (Last Fiscal Year)$59,531
    Market Value ($M) as of 8/12/19$906,005