Cookie Consent by Free Privacy Policy website The Volvo Group launches green finance framework
novembre 05, 2020 - Volvo

The Volvo Group launches green finance framework

Comunicato Stampa disponibile solo in lingua originale. 

Volvo Group launches a #green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classified as Dark #green by the Center for International Climate and Environmental Research (CICERO Shades of Green).

To learn more about how the #volvo Group is transforming the transport and infrastructure industries with more sustainable solutions, take part of today’s broadcast of the capital markets day at CET 2.00-4.30 p.m.

"Sustainability is a part of our DNA, ranging from safety, operations, purchasing, durability and quality in our products to constant fuel-efficiency improvements in our vehicles and machines. We take a holistic view on sustainability and are very pleased to show that we are supporting this transition with every part of our organization," says Martin Lundstedt, President and CEO of the #volvo Group.

The framework enables the #volvo Group to issue #green bonds and other #green financial instruments and allows the company to identify, select, manage and report on eligible projects and assets in line with International Capital Market Association #green Bond Principles.

The #green Finance Framework has been subject to an independent external assessment by CICERO Shades of #green, which has classified the #green financing framework as Dark #green – their highest level. The framework will be used for funding through e.g. #green bonds, #green commercial papers and #green loans. The funds will be earmarked to projects in areas such as research and development and manufacturing of electric vehicles, machines and engines with zero tailpipe emissions. Funds will also be used by #volvo Financial Services to offer #green loans to customers who buy the Group’s electric products.

"Launching the #green financing framework is a way of acknowledging that the debt market will play an important role in achieving the goals of the Paris Agreement by channeling funds towards projects that will have profound impact on reducing CO2 emissions," says Jan Ytterberg, #volvo Group CFO.

News correlate

marzo 28, 2024
marzo 20, 2024
marzo 13, 2024

Small e potente davvero: oggi festeggiamo perché la nostra Volvo EX30 completamente elettrica ha ottenuto un grande riconoscimento...

Volvo Trucks ha ricevuto un ordine per 100 camion elettrici dalla società di logistica DFDS. Con quest'ultimo ordine, DFDS ha quas...

Volvo Cars ha stretto un accordo di collaborazione con Breathe Battery Technologies (Breathe), divenendo così la prima Casa automo...

Ti potrebbe interessare anche

febbraio 21, 2024
febbraio 16, 2024
gennaio 23, 2024

Volvo Cars è impegnata in un programma di semplificazione e standardizzazione delle denominazioni dei suoi modelli di auto complet...

Il riconoscimento è stato consegnato nel corso del recente World Government Summit 2024 tenutosi a Dubai. Costituito nel 1995 dura...

L’annuncio dell’accordo è stato dato nel corso di una conferenza stampa tenutasi oggi a Bologna presso Palazzo d’Accursio, sede de...