Finance | Page 13

Finance - March 4, 2022

Energy Transition Investments Hit Record Level in 2021

Despite the Covid-19 pandemic, 2021 was a record-breaking year for investments in the energy transition and the deployment of renewable power, battery storage, and sustainable transportation.

March 2, 2022

Verizon Issues Fourth $1 Billion Green Bond

Verizon Communications Inc. settled its fourth green bond offering of $1 billion with the net proceeds being allocated toward renewable energy investments to accelerate the transition to greener electrical grids.

Finance - February 28, 2022

Amgen Issues Green Bond

Amgen announced the issuance of its inaugural $750 million green bond to advance the environmental goals that are part of the company’sESG framework.

Finance - February 15, 2022

GM Doubles Commitment to Climate Equity Fund

General Motors will dedicate a total of $50 million to its Climate Equity Fund for equitable climate action in order to help close equity gaps in the transition to EVs and other sustainable technology.

Finance - February 3, 2022

Danske Bank Sets 2030 Targets

Danske Bank is setting its CO2 reduction targets towards 2030 in relation to lending with the aim of achieving a net zero loan portfolio by 2050 or sooner.

GHG Emissions - January 21, 2022

Burberry’s Sustainable Bond For 2040 Net Zero Goal

Luxury retailer Burberry announced that it refinanced its revolving credit facility to a £300 million sustainability linked loan and the terms are linked to its 2040 net zero goal.

Finance - December 9, 2021

Orange Launches Carbon Fund

Telecommunications operator Orange announced the creation of Orange Nature, a €50 million carbon fund, with returns in high-quality carbon credits only.

Finance - December 7, 2021

California CCAs Issue $2 Billion Municipal Clean Energy Bonds

Three Community Choice Aggregators (CCAs) issued California's first ever municipal non-recourse Clean Energy Project Revenue Bonds through the California Community Choice Financing Authority (CCCFA).

Finance - November 10, 2021

The Hartford to Invest $2.5 Billion in the Global Energy Transition

The Hartford announced Nov. 9 that it is committed to investing $2.5 billion over the next five years in technologies, companies and funds that advance the global energy transition.

Finance - November 9, 2021

Fifth Third Issues First $500 Million Green Bond

Fifth Third Bancorp settled the issuance of its first green bond for $500 million and will use the proceeds to fund green projects such as renewable energy and energy efficiency.