Verizon completes $1B green bond allocation, reaching $5B total, and surpasses 50% renewable energy target by 2025.
Verizon has completed allocating $1 billion from its fifth green bond issued in May 2023. The company has now issued a total of $5 billion in green bonds, aiming to achieve net zero emissions in operations by 2035. Verizon has entered into 27 renewable energy purchase agreements (REPAs) totaling 3.6 GW of anticipated renewable energy capacity, helping them surpass their 50% renewable energy target by 2025.
February 19, 2024
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