Apple Expects to Benefit From Climate Change

Bottom Line

Thanks to humankind's dependence on fossil fuels, climate change is ravaging the world. Habitats are disappearing, the oceans are heating up and becoming more acidic, and species are going extinct while vulnerable populations are driven from their homes.

But there's a bright side to all of this, according to tech company Apple. As the climate worsens, the company says the iPhone's utility at keeping people connected will instill a greater sense of brand loyalty among its customers.

People Are Dying

CDP, a U.K. organization formerly known as the Carbon Disclosure Project, ranks corporations based on their impacts on the environment. The group released its letter grades on Tuesday, and Apple earned an "A," according to Bloomberg.

Soon thereafter, CDP released Apple's filing to Motherboard. The filing included some tone-deaf gems, like the following:

"As severe weather events become more frequent, consumers may come to value more highly the immediate and ubiquitous availability of reliable mobile computing devices for use in situations where transportation, power, and other services may be temporarily interrupted," Apple wrote.

Capitalism Kills

Apple also expects to benefit as customers seek energy-efficient products as policies shaped by the changing climate increase electricity costs, Motherboard reports.

"If customers value our work to help increase their sense of connectedness, personal safety, and peace of mind, during extreme weather events, we may expect some increase in customer loyalty or brand value," reads part of Apple's filing.

READ MORE: Apple Thinks Climate Change Disasters Will Increase Its Brand Value [Motherboard]

More on climate change: More Americans Believe in Global Warming Than Ever Before