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Comcast's Sustainable Investments: Allocating Green Bond Proceeds to Green Buildings and Electric Vehicles

2023-10-30 17:15:42.085000

Comcast has allocated $421.8 million of the $995 million net proceeds from its green bond issuance to investments in green buildings, clean transportation, energy efficiency, and renewable energy. These investments support Comcast's goal to be carbon neutral by 2035. The company has reduced its greenhouse gas emissions by 38% from 2019 to 2022. The allocated funds will be used for projects such as green building construction at Universal City Studios in Los Angeles and the Sky Osterley Innovation Centre in London. Additionally, the funds will support clean transportation initiatives, including electric trams at Universal Studios Hollywood and electric shuttle buses at Sky. Comcast aims to invest responsibly and reduce its environmental impact across the enterprise. [c6167c93]

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