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Dow Issues Inaugural $1.25 Billion Green Bonds to Fund New Net Zero Chemical Plant

ESG Today

Chemicals and materials science giant Dow announced today the completion of its inaugural green bond offering, raising over $1.2 billion to support the company’s decarbonization and circular economy strategies, including the construction of a new net zero emissions chemical plant in Canada.

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Ontario Power Generation includes nuclear energy in green bonds

Corporate Knights

Provincially owned Ontario Power Generation has adopted a green bond framework that includes nuclear power – a first for the electricity utility. . The move followed a controversial decision in the European Union to classify natural gas and nuclear investments as green. . But does that make them objectively green?

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway, joining Net Zero Asset Managers Initiative. Our net zero strategy addresses both the corporate and investment levels. AB’s net zero journey is well under way, and we’re excited for its next stage—translating our strategy into a systematic approach to fulfilling our commitment.”.

Net Zero 264
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Union Pacific Issues $600 Million Green Bond to Fund Decarbonization Investments

ESG Today

Railroad company Union Pacific announced today the completion of a $600 million green bond issuance, with proceeds aimed at funding its decarbonize and emissions reduction investments. Union Pacific recently released its Green Financing Framework, outlining eligible categories from investment from its issuances of green bonds.

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Prologis Commits to Net Zero Emissions by 2040

3BL Media

DESCRIPTION: Sets interim targets of 1 GW solar by 2025 and net zero for operations by 2030. Builds on company’s leadership in green building, solar and more. Prologis has always been ambitious in our sustainability efforts, and our new net zero goal is no exception,” said Prologis Co-founder, CEO and Chairman Hamid R.

Net Zero 189
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Mizuho Issues €800 Million Green Bond to Finance Environmental Projects

ESG Today

Tokyo-based banking and financial services company Mizuho announced today an €800 green bond issuance, its largest to date, and the largest euro-denominated green bond issued by a financial institution. The post Mizuho Issues €800 Million Green Bond to Finance Environmental Projects appeared first on ESG Today.

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MSCI Study Reveals Heavier Net Zero Transition Opportunities Exposure for Private vs Public Climate Funds

ESG Today

For public climate funds, the study found that equity dominated, at around 85%, with only 14% in fixed income, largely concentrated in green bond funds. The environmental impact of these strategies can vary because of the different sector composition of the underlying holdings.