Green Bond Fact Sheet

A fact sheet by the Climate Bonds Initiative detailing a USD 1 billion green bond issued by Verizon Communications Inc. on February 8, 2019, to fund renewable energy, energy efficiency, green buildings, sustainable water management, and biodiversity and conservation.

• Verizon Communications Inc. issued a USD 1 billion senior unsecured green bond on February 8, 2019, with a 10-year tenor and a maturity date of February 8, 2029.
• The proceeds from the bond are designated for investments in biodiversity and conservation, sustainable water management, green buildings, energy efficiency, and renewable energy.
• This issuance represents the first green bond by a US telecommunications provider and the first non-European ICT issuance of 2019; previously, Apple was the only US entity to have issued an ICT green bond.
• Verizon committed to publishing an annual report on a designated website within one year of issuance, and every year thereafter, until all net proceeds are allocated to Eligible Green Investments. This report will include an assertion from Verizon's Sustainability team regarding the aggregate amount allocated to specific categories.
• The Climate Bonds Initiative views the broad range of project categories listed by Verizon as a positive holistic approach and suggests that such high-profile issuance should signal other US corporate entities to increase green issuance, as the US corporate market currently lags relative to its size.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-02%20US%20Verizon%20Communications%20Inc.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-02%20US%20Verizon%20Communications%20Inc.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 February 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-02%20US%20Verizon%20Communications%20Inc.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2019-02%20US%20Verizon%20Communications%20Inc.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }