Apple is set to substitute leather with a novel textile known as FineWoven, characterized by its elegance and durability, crafted from 68% post-consumer recycled materials.
The earmarked amount is a 12 per cent rise from 2020 and focuses on basic scientific research as well as new technologies, such as artificial intelligence (AI) and 6G wireless networks.
Prime Minister Yoshihide Suga in October set a 2050 deadline for Japan to become carbon-neutral, prompting big companies to draft plans on how to curb their CO2 emissions.
Over the past years, Infosys has reduced its per capita electricity consumption by over 55 per cent with the ambition to transition to renewable energy.