Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

Nissan Motor Co., Ltd. launches a sustainable financing framework to help fund its next-generation electric vehicles, batteries, environmental technologies and new mobility services

Nissan Motor Co., Ltd. launches a sustainable financing framework to fund its next-generation electric vehicles, batteries, environmental technologies and new mobility services.

Proceeds from the Nissan Sustainable Finance Framework will also be used to support projects in Nissan’s use of renewable energy, clean production systems, charging infrastructure for electric cars, battery reuse and autonomous driving technologies.

The Nissan Sustainable Finance Framework enables Nissan to raise funds needed to further enhance its sustainability efforts. This initiative underscores Nissan’s commitment to promote sustainability and strengthen efforts to achieve a cleaner, safer and more inclusive world.

Nissan has published the eligibility criteria for business areas and technology projects to receive revenue under the Sustainable Finance Framework, which follows an evaluation of the initiative by Sustainalytics, the independent research firm focused on the environment, society and governance (ESG). According to Sustainalytics, Nissan’s framework is aligned with the Green Bond Principle 2021, Social Bond Principle 2021, Sustainability Bond Guideline 2021, Green Loan Principle 2021 and Social Loan Principle 2021.

The launch of the Nissan Sustainable Finance Framework is the latest initiative to put sustainability at the heart of the company’s operations, and reflects Nissan’s corporate purpose of “Drive innovation to enrich people’s lives”.

Nissan continues to grow as a company through global business activities while contributing to solving various problems facing society. This is how Nissan continues to deliver value to stakeholders and support the development of a sustainable society.

Learn more about the Nissan Sustainable Finance Framework here.
https://www.nissan-global.com/EN/IR/STOCK/SUSTAINABLE_FINANCE/

Second party opinion from Sustainalytics here.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/nissan-and-nissan-sales-finance-affiliates-sustainable-finance-framework-second-party- opinion-(2022).pdf?sfvrsn=85d89253_1

Use of the proceeds

Suitable criteria for Nissan

Eligible Green Categories Eligibility Criteria
Green projects
Clean transport Vehicles and parts of zero-emission vehicles (EVs, etc.)
Scope 1 and 2 CO2 emission reduction Investing in sustainable energy and purchasing sustainable energy
Improving energy efficiency in the production process
Clean production Sustainable water and wastewater management
Waste management and circular economy
Sustainable (green/social) projects
Installation of basic infrastructure to create an EV society Promote charging facilities, reuse, recycling, etc. of zero-emission vehicles (EVs, etc.)
Vehicle-to-Everything (V2X) Vehicle-to-Everything (V2X) /
Using EV batteries as an energy storage system (ESS)
Autonomous Driving Technologies
(including advanced safety/driver assistance technologies)
Autonomous driving technologies to achieve cleaner, safer and more sustainable mobility
Mobility as a Service (MaaS) Clean Mobility as a Service (MaaS) with zero-emission and low-carbon vehicles
Mobility as a Service (MaaS) operated in depopulated areas / affected by natural disasters (Namie, Blue Switch)

Eligible Criteria for Nissan Sales Finance Affiliates

Eligible Green Categories Eligibility Criteria
Green Progress
Clean transport Zero-emission vehicles (EVs, etc.) and low-carbon vehicles (HEVs, etc.)

SOURCE: Nissan

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