Nissan introduces sustainable finance framework for EVs

Nissan Motor Co., Ltd. is creating a sustainable financial framework to help support its electrified vehicles, batteries, environmental technologies, and new mobility services for the next generation.

The proceeds from the Nissan Sustainable Finance Framework will also be used to fund projects related to Nissan's use of renewable energy, sustainable manufacturing processes, electric vehicle recharging infrastructure, battery reuse, and autonomous-drive technology.

The Nissan Sustainable Finance Framework will allow Nissan to raise the necessary funds to advance its sustainability initiatives. This programme demonstrates Nissan's dedication to advancing sustainability and bolstering efforts to create a safer, cleaner, and more inclusive world.

Following an evaluation of the effort by Sustainalytics, an independent research firm focused on environmental, social, and governance issues, Nissan has published the eligibility criteria for business areas and technological projects to receive revenues under the Sustainable Finance Framework (ESG).

Nissan's methodology is consistent with the Green Bond Principle 2021, Social Bond Principle 2021, Sustainability Bond Guideline 2021, Green Loan Principle 2021, and Social Loan Principle 2021, according to Sustainalytics.

The introduction of the Nissan Sustainable Finance Framework is the most recent move to place sustainability at the heart of the company's operations, reflecting Nissan's corporate objective of "driving innovation to enrich people's lives."

Nissan continues to expand as a worldwide company while contributing to solving several social issues. Nissan continues to deliver value to stakeholders and support the development of a sustainable society.

Source: Nissan

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