Green Bond Reports

In February 2019, Verizon became the first U.S. telecom company to issue a green bond. The inaugural offering raised almost $1 billion in net proceeds and was fully allocated in 2020 to renewable energy, energy efficiency, green buildings, and biodiversity and conservation. Since then, Verizon has issued three additional $1 billion green bonds which have been fully allocated to renewable energy.  The company’s latest green bond - issued in March 2022 - was fully allocated in 2023.