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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.”.

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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).

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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.

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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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The nuclear option

Corporate Knights

This turnabout has been most pronounced in the green bond market, where power utilities have, controversially, been adding nuclear energy as an option for green bonds. With this in mind, nuclear green bonds promise to help fund decades of net-zero energy for the public and years of clean financial returns for investors.

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Switzerland Issues Inaugural $766 Million Green Bond

ESG Today

The Swiss government announced the completion of its inaugural green bond issuance, raising CHF766 million ($USD766 million) to fund expenditures supporting its environmental goals in areas including clean transportation and biodiversity. billion of green expenditures, which will be partly funded by the new green bond.