This Week: World’s Largest Corporate Sustainability Bond Issued

The corporation: Google

The sustainability bond:

• $10 billion debt offering
• issued $5.75 billion in sustainability bonds
• largest sustainability (green ) bond by any company ever
• proceeds support investment in both environmental and social initiatives

The project types that the bond will fund:

• energy efficiency
  • such as by optimizing use of energy, water, and materials for efficient data centers
• clean energy & smart buildings
  • LEED certification to move toward its longer-term vision to source carbon-free energy for operations 24 hours a day, 7 days a week
• clean transportation to limit CO2s
• Circular economy and design to promote reuse of finite materials

Energy + Environment Leader | Google Issues Largest Corporate Sustainability Bond of Any Company in History