Apple shareholders press company to reverse ‘anti-competitive repair policies’
A recently filed Apple shareholder resolution is pressuring the company to reverse its “anti-repair practices,” which it says conflicts with Apple’s reputation as a climate leader.
U.S. PIRG, a public interest research federation, and Green Century Capital Funds, its associated mutual fund company, recently filed resolutions with both Apple and John Deer asking them to account for their “anti-competitive repair policies.”
The resolution calls Apple’s combination of promoting sustainability while inhibiting repairs “disingenuous.” It adds that the Cupertino tech giant “risks losing its reputation as a climate leader” if it doesn’t reverse its restrictive repair policies.
Additionally, the resolution takes aim at Apple’s extensive lobbying against right to repair legislation across the U.S. Apple publicly opposes right to repair bills — which generally guarantee availability of repair tools, documents, and resources — citing customer safety and security risks.
According to research cited by Green Capital Funds, electronic waste is among the world’s fastest growing waste streams. Additionally, it points out that internet devices will account for 14% of all greenhouse gas emissions by 2040.
“Consumers want to reduce their own carbon footprints by fixing their electronics, and Apple must help them get there,” said Green Century President Leslie Samuelrich. “It’s what’s best for the company, its consumers and the planet.”
Earlier in 2021, a new piece of right to repair legislation was introduced in the U.S. House of Representatives, marking the first time such a bill was introduced on a national level
via AppleInsider News https://ift.tt/3dGGYcl
September 16, 2021 at 02:01PM