Comcast has issued a $1 billion, 10-year green bond, offering investors the opportunity to support environmental efforts such as those under way or under consideration as part of Comcast’s goal to be carbon-neutral by 2035.
Proceeds from the green bond may be allocated to five investment areas, all of which contribute to Comcast’s efforts to reduce its carbon footprint, including renewable energy, energy efficiency, green buildings, campuses, communities and cities, clean transportation, circular economy-adapted products, and production technologies and processes. Comcast’s Green Financing Framework provides details on eligible green investments in these categories, in addition to the processes for project selection and progress reporting.
“We’re excited to have offered investors the opportunity to join us as we scale clean-energy technologies and other decarbonization strategies across our business,” said Sara Cronenwett, senior vice president of corporate