Finance | Page 5

October 28, 2022

RBC Sets 2030 Emission Reduction Targets

RBC announced its initial set of 2030 interim emissions reduction targets (initial interim targets) for three key sectors: oil & gas, power generation, and automotive.

October 26, 2022

Aramco Launches $1.5 Billion Sustainability Fund

Aramco announced the creation of a $1.5 billion Sustainability Fund to invest in technology that can support a stable and inclusive energy transition.

Distributed Energy Resources - October 5, 2022

New Mexico DOT Provides Grant for EV Projects

The New Mexico Department of Transportation (NMDOT) selected Kit Carson Electric Cooperative’s (KCEC) EV projects to receive $800,000 in grant funds.

Energy Efficiency - October 3, 2022

Utah Resort to Fund Energy Efficiency with C-PACE

Petros PACE Finance (Petros), a structured finance company, announced that it closed on $153 million C-PACE financing as part of the $820 million, 580-acre world-class development, Black Desert Resort Project in Ivins, Utah.

GHG Emissions - October 3, 2022

Princeton Trustees Vote to Divest From Oil Companies

Princeton University announced its Board of Trustees voted to divest the endowment from all publicly traded fossil-fuel companies, including Exxon Mobil and Dominion Energy.

GHG Emissions - September 16, 2022

Anglo American Launches Sustainability-Linked Bond

Anglo American plc issued its first sustainability-linked bond, including performance targets to reduce GHG emissions and fresh water abstraction.

September 13, 2022

Union Pacific Issues Green Bonds

Union Pacific Corporation issued a $600 million green bond offering to fund investments aimed at decarbonizing the company’s footprint and achieving set emissions reduction targets.

August 25, 2022

Eaton Closes First Sustainability-Linked Bond

Power management company Eaton announced it closed an offering of sustainability-linked and senior notes.

Finance - August 19, 2022

Valley National Bank to Fund ESG Loans

Valley National Bank announced a partnership with The Community Preservation Corporation (CPC)to fund up to $100 million in permanent loans that meet various ESG standards such as green building practices and reduced emissions.

GHG Emissions - August 19, 2022

SVB Commits to Offering Sustainable Loans

SVB, the financial partner of the innovation economy and parent of Silicon Valley Bank, announced its commitment to provide at least $5 billion by 2027 in loans, investments and other financing to support clients' sustainability businesses.