article thumbnail

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.

article thumbnail

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

Verizon Invests $1 Billion Green Bond Proceeds in Renewable Energy Development Projects

ESG Today

Verizon Communications announced today that it has fully allocated the $1 billion in proceeds from its most recent green bond, issued in May 2023 , will the full amount directed towards investments in renewable energy, supporting the company’s clean energy targets. we are proud to help accelerate the greening of the U.S.

article thumbnail

How Green Bonds Will Fund a Green Future

3BL Media

An Explosion of ESG Bond Issuance. ESG-labeled bond issuance surged to new heights in 2021. Green bonds, which fund particular projects, continued to dominate. But issuance of social, sustainability and sustainability-linked bonds—which reference specific key performance indicators, or KPIs—grew fastest (Display).

article thumbnail

Lenovo Included in Bloomberg MSCI Green Bond Index for the First Time

3BL Media

DESCRIPTION: November 16, 2022 /3BL Media/ - Lenovo Group (HKSE: 992) (ADR: LNVGY) is pleased to report that its green bond has been included in the Bloomberg MSCI Green Bond Index, one of the most important global benchmarks for institutional Environmental, Social, Governance (ESG) funds. Find out more here: [link].

article thumbnail

Australia to Issue Inaugural Green Bond

ESG Today

The government of Australia will issue its first ever green bond next year, joining the growing ranks of sovereign debt issuers participating in the sustainable finance market to help fund their environmental sustainability initiatives, according to an announcement on Friday by Treasurer Jim Chalmers.