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Tim Cook Angrily Rejects Proposal to End Unprofitable Environmental Programs

Tim Cook Angrily Rejects Proposal to End Unprofitable Environmental Programs

Posted March 1, 2014 at 6:53pm by iClarified
At Apple's recent shareholders meeting, a proposal from the National Center for Public Policy Research's shareholder resolution requested a vote to force the tech giant to be transparent about its environmental activism.

A NCPPR representative asked CEO Tim Cook if the company's plans to have 100% of power come from renewable sources was good for the bottom line and to commit to doing only environmental activities that were profitable.

The Mac Observer reports that Tim Cook became very at angry at the question, rejecting the idea and noting that Apple does many things because they are right and not with ROI as the primary consideration.


"When we work on making our devices accessible by the blind," he said, "I don't consider the bloody ROI." He said that the same thing about environmental issues, worker safety, and other areas where Apple is a leader.

As evidenced by the use of "bloody" in his response—the closest thing to public profanity I've ever seen from Mr. Cook–it was clear that he was quite angry. His body language changed, his face contracted, and he spoke in rapid fire sentences compared to the usual metered and controlled way he speaks.

He didn't stop there, however, as he looked directly at the NCPPR representative and said, "If you want me to do things only for ROI reasons, you should get out of this stock."


The proposal didn't pass and the NCPPR has since posted its account of the meeting in an article entitled, "Tim Cook to Apple Investors: Drop Dead".


"Although the National Center's proposal did not receive the required votes to pass, millions of Apple shareholders now know that the company is involved with organizations that don't appear to have the best interest of Apple's investors in mind," said Danhof. "Too often investors look at short-term returns and are unaware of corporate policy decisions that may affect long-term financial prospects. After today's meeting, investors can be certain that Apple is wasting untold amounts of shareholder money to combat so-called climate change. The only remaining question is: how much?"

Let us know what you think in the comments. Should Apple's concern for the environment come ahead of its concern for shareholders?


Tim Cook Angrily Rejects Proposal to End Unprofitable Environmental Programs
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Comments (21)
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Bdiz
Bdiz - March 3, 2014 at 4:54pm
Wow. That's awesome. Respect on this. Makes me feel even better about Apple as a corporation.
gamerscul9870
gamerscul9870 - March 3, 2014 at 3:25am
And this is the sign of why apple is alive today. Look how their products today blow away competition, now this is an example of a backup.
Eduardo
Eduardo - March 3, 2014 at 3:23am
I am gladly that Mr. Cook has become angry and very annoyed about that question. One thing is a company have ROI as their first goal when they are not getting enough or below target. Other thing is when it is getting over target and a good market value and the main goal becomes to evolute and invest in new development whatever the title of it becomes as if it is renewable energy or a carbon free industry. Thanks for doing something, Mr. Cook, better than most of us that are not truly concern about it.
Leslie Graham
Leslie Graham - March 2, 2014 at 1:58am
The so-called NCPPR are just a front for the carbon corporations Denial Industry BS campaign.They should stand trial for deliberately and knowingly spreading disinformation about climate change. They already have blood on their hands.
Leslie Graham
Leslie Graham - March 2, 2014 at 1:51am
Excellent. It' high time more CEO's of big companies told these lying front men for the carbon corporation's Denial Industry where to get off. There are more important things in life than oil company pofits Apple shares should rise on this.
paulMOGG
paulMOGG - March 2, 2014 at 12:16am
...and the share holders make more than enough profit from the money they have invested over a very long period . If the rest of the tech companies around ( and they know who they are ! ) did half as much as Apple towards investing in the furtherance of an better safer environment in their business, the tech world and it's customers would be better off and safer !
paulMOGG
paulMOGG - March 2, 2014 at 12:11am
Tim Cook is right ! Apple can and does make a difference in many things that help humanity as we have seen ! is a leader in the Tech world
gamerscul9870
gamerscul9870 - March 2, 2014 at 12:12am
Just like that one time when he allowed employees to see their family for thanksgiving and still wanted to build the new campus when jobs planned to. Now this is what a motivated backup is like.
Ruumi Daruwalla
Ruumi Daruwalla - March 2, 2014 at 12:05am
Cook is correct. This agency is obviously baiting Apple for a long time. Cook should have maintained his normal self and replied coolly. However it is apparent this agency has pushed everyone at apple beyond limit. There are always jerks who needle good people and companies.
Dicey
Dicey - March 1, 2014 at 10:03pm
I'd be mad, too, if some right-wing corporate think tank bought shares of my stock just to get phrases like "so-called climate change" in the news. I wish folks would start applying extra skepticism to ideas that come only from people with a vested interest in continuing to emit greenhouse gases.
Boshek
Boshek - March 1, 2014 at 7:16pm
It wouldn't be Apple if it didn't have an environmental conscience. Apple wants to change the world for the better. If they can't do that they would stop being Apple. I'm a shareholder, and I want Apple to have a dividend, but not at the expense of changing their DNA.
gamerscul9870
gamerscul9870 - March 1, 2014 at 11:18pm
Exactly, and some people cluelessly brag "no more innovation after jobs died". Jobs or not, apple is apple.
Ab08
Ab08 - March 1, 2014 at 7:12pm
That said, Global Warming is a hoax and having Al Gore on the Board is Apple's black eye. I hope they're not wasting money on a stupid hoax but rather innovating to everyone's benefit. I'd personally like to go solar and drive a hybrid, but not because I believe we are making a difference (because we are not - the energy still comes from something greenies don't like), but because I like saving money.
Charbel
Charbel - March 1, 2014 at 7:09pm
To Mr. Tim Cook I say: win the people and sc**w the shareholders!
Ab08
Ab08 - March 1, 2014 at 7:09pm
It's fantastic that Apple is innovative and maybe they'll make breakthroughs in energy production. It's also Apple's track record to innovate beyond the scope of what investors and even their own Board could imagine; breakthrough products like the Mac itself causing the Board to oust Jobs, for example.
Charbel
Charbel - March 1, 2014 at 7:06pm
They will share what precisely the shareholders if there will be no planet earth anymore? Enough bloody greed!!! Time to help the planet breath!
Bryan
Bryan - March 1, 2014 at 7:01pm
Customers come first, not shareholders. Shareholders are just along for the ride.
Steve Jobs
Steve Jobs - March 1, 2014 at 7:00pm
Finally I have arrived at a point where I really must say: Well done, Cudos to You, Tim Cook ! Apple is about way more values than just profits... You have just reignited lots of love and purpose of the tribe to go along in this journey, wherever it will lead to, we stand by the brand, culture, values. Well done !
Oliversl
Oliversl - March 1, 2014 at 6:56pm
Video?
Tejwant Sandhu
Tejwant Sandhu - March 1, 2014 at 7:03pm
I agree with apple management concern regarding environment initiative they doing right now instead of saving money for investors. Corporates are always concerned about saving big bucks and they forgets that they have to be more responsible towards society and environment also.
Munkh
Munkh - March 2, 2014 at 11:42pm
Guess no video...
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