Nissan launches sustainable finance framework to fund EVs and green tech

Nissan launches a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. Proceeds will also be used to support projects in Nissan's use of renewable energy, clean manufacturing systems, battery re-use, and autonomous-drive technologies.

Nissan Motor Co., Ltd. is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services.

Proceeds from the Nissan Sustainable Finance Framework will also be used to support projects in Nissan’s use of renewable energy, clean manufacturing systems, EV re-charging infrastructure, battery re-use, and autonomous-drive technologies.

The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts. This initiative underlines Nissan’s commitment to promoting sustainability and strengthening efforts to realize a cleaner, safer, and more inclusive world.

Nissan has published the eligibility criteria for business areas and technology projects to receive proceeds under the Sustainable Finance Framework, which follows a review of the initiative by Sustainalytics, the independent research firm focused on environmental, social and governance (ESG). According to Sustainalytics, Nissan’s framework is aligned with the Green Bond Principle 2021, Social Bond Principle 2021, Sustainability Bond Guideline 2021, Green Loan Principle 2021, and Social Loan Principle 2021.

The launch of the Nissan Sustainable Finance Framework is the latest initiative to position sustainability at the core of the company’s business, reflecting Nissan’s corporate purpose of "Driving innovation to enrich people's lives.”

Nissan continues to grow as a company through global business activities while contributing to solving various issues facing society. In doing so, Nissan continues to provide value to stakeholders and support the development of a sustainable society.

Source: Nissan news