Walmart highlights sustainability commitments with inaugural $2 billion green bond issuance
BENTONVILLE, AR, September 10, 2021-
Walmart Inc. (NYSE: WMT) today announced it has successfully priced the company's first green bond. Net proceeds from the $2 billion green bond offering will be used to fund existing and future projects that enable Walmart to achieve its sustainability goals.
Over the next few years, Walmart intends to allocate an amount equal to the net proceeds of the $2 billion offering toward a portfolio of Eligible Green Investments that meet certain eligibility criteria within the areas of renewable energy, high performance buildings, sustainable transport, zero waste and circular economy, water stewardship, and habitat restoration and conservation.
Not a subscriber?