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Comcast Fully Allocates $1 Billion Green Bond

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Comcast has fully allocated $995 million in net proceeds from its inaugural green bond issued in February 2023. The funds were directed towards green buildings, circular economy, clean transportation, energy efficiency, and renewable energy initiatives, supporting the company's goal to achieve carbon neutrality by 2035.

Key projects include the completion of Sky Studios Elstree, which features 100% renewable electricity and 2.9 MW of solar capacity, and investments in electric vehicles for Xfinity service technicians. The company has also maintained refurbishing programs to reduce waste through device reuse. Notably, Comcast has reduced its market-based Scope 1 and 2 greenhouse gas emissions by more than 30% from 2019 to year-end 2023.

Comcast ha allocato completamente 995 milioni di dollari in proventi netti dal suo green bond inaugurale emesso a febbraio 2023. I fondi sono stati indirizzati verso edifici verdi, economia circolare, trasporto pulito, efficienza energetica e iniziative di energia rinnovabile, sostenendo l'obiettivo dell'azienda di raggiungere la neutralità carbonica entro il 2035.

I progetti chiave includono il completamento di Sky Studios Elstree, che utilizza elettricità al 100% rinnovabile e ha una capacità solare di 2,9 MW, oltre a investimenti in veicoli elettrici per i tecnici del servizio Xfinity. L'azienda ha inoltre mantenuto programmi di ristrutturazione per ridurre i rifiuti attraverso il riutilizzo dei dispositivi. È importante notare che Comcast ha ridotto le proprie emissioni di gas serra Scope 1 e 2 basate sul mercato di oltre il 30% dal 2019 a fine 2023.

Comcast ha asignado completamente 995 millones de dólares en ingresos netos de su bono verde inaugural emitido en febrero de 2023. Los fondos se destinaron a edificios verdes, economía circular, transporte limpio, eficiencia energética e iniciativas de energía renovable, apoyando el objetivo de la empresa de lograr la neutralidad de carbono para 2035.

Los proyectos clave incluyen la finalización de Sky Studios Elstree, que cuenta con electricidad 100% renovable y 2,9 MW de capacidad solar, así como inversiones en vehículos eléctricos para los técnicos de servicio de Xfinity. La empresa también ha mantenido programas de renovación para reducir los desechos a través de la reutilización de dispositivos. Cabe destacar que Comcast ha reducido sus emisiones de gases de efecto invernadero de Alcance 1 y 2 basadas en el mercado en más del 30% desde 2019 hasta finales de 2023.

콤캐스트(Comcast)는 2023년 2월에 발행한 첫 번째 그린본드에서 발생한 순 수익 9억 9천 5백만 달러를 전액 할당하였습니다. 자금은 녹색 건물, 순환 경제, 청정 교통, 에너지 효율성 및 재생 에너지 이니셔티브에 사용되어 회사가 2035년까지 탄소 중립 목표를 달성하는데 기여하였습니다.

주요 프로젝트로는 100% 재생 가능 전기를 사용하는 스카이 스튜디오 엘스트리(Sky Studios Elstree)의 완공과 Xfinity 서비스 기술자를 위한 전기차 투자 등이 있습니다. 회사는 또한 장치 재사용을 통해 폐기물을 줄이는 리노베이션 프로그램을 유지해왔습니다. 특히, Comcast는 2019년부터 2023년 연말까지 시장 기반 범위 1 및 2 온실가스 배출량을 30% 이상 줄였습니다.

Comcast a entièrement alloué 995 millions de dollars de revenus nets provenant de son bond vert inaugural émis en février 2023. Les fonds ont été destinés à des bâtiments verts, à l'économie circulaire, aux transports propres, à l'efficacité énergétique et aux initiatives d'énergie renouvelable, soutenant l'objectif de l'entreprise d'atteindre la neutralité carbone d'ici 2035.

Les projets clés comprennent l'achèvement de Sky Studios Elstree, qui utilise de l'électricité 100 % renouvelable et dispose d'une capacité solaire de 2,9 MW, ainsi que des investissements dans des véhicules électriques pour les techniciens de service Xfinity. L'entreprise a également maintenu des programmes de rénovation pour réduire les déchets grâce à la réutilisation des appareils. Il est à noter que Comcast a réduit ses émissions de gaz à effet de serre de portée 1 et 2 basées sur le marché de plus de 30 % entre 2019 et la fin de l'année 2023.

Comcast hat 995 Millionen Dollar aus dem Nettoertrag seiner ersten grünen Anleihe, die im Februar 2023 ausgegeben wurde, vollständig zugewiesen. Die Mittel wurden in grüne Gebäude, Kreislaufwirtschaft, saubere Verkehrsmittel, Energieeffizienz und erneuerbare Energieprojekte investiert, um das Ziel des Unternehmens zu unterstützen, bis 2035 die Kohlenstoffneutralität zu erreichen.

Wichtige Projekte umfassen den Abschluss von Sky Studios Elstree, das über 100% erneuerbare Elektrizität und eine Solarkapazität von 2,9 MW verfügt, sowie Investitionen in Elektrofahrzeuge für die Xfinity-Service-Techniker. Das Unternehmen hat zudem Sanierungsprogramme aufrechterhalten, um Abfall durch die Wiederverwendung von Geräten zu reduzieren. Bemerkenswert ist, dass Comcast seine marktbasierten Scope 1 und 2 Treibhausgasemissionen von 2019 bis Ende 2023 um mehr als 30% gesenkt hat.

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NORTHAMPTON, MA / ACCESSWIRE / October 23, 2024 / Comcast Corporation

Comcast Corporation published its 2024 Green Bond Report, which outlines the full allocation of proceeds from its inaugural green bond issued in February 2023.

$995 million in net proceeds were focused on green buildings, circular economy, clean transportation, energy efficiency, and renewable energy, all in accordance with its Green Financing Framework. These investment categories support environmental efforts as part of Comcast's goal to be carbon neutral by 2035.

"We're proud to have offered investors the opportunity to support greener operations at Comcast that ultimately benefit people and the planet."

Sara Cronenwett

Senior Vice President of Corporate Environmental Sustainability at Comcast

Comcast has reduced its market-based, enterprise-wide Scope 1 and 2 greenhouse gas emissions by more than 30% from 2019 to year-end 2023.

"Whether it's through the design and construction of green buildings that integrate clean technologies and other sustainability features, or circularity projects that extend the life of devices and keep waste out of landfills, these investments will deliver tangible environmental benefits for years to come," said Sara Cronenwett, Senior Vice President of Corporate Environmental Sustainability at Comcast.

Project highlights included:

  • Sky Studios Elstree: Completing construction in 2023 as the UK's newest, state-of-the-art film and TV studio, Sky Studios Elstree was awarded a mark of ‘Outstanding' by albert in its Studio Sustainability Standard Report 2024. Sky Studios Elstree purchases and matches 100% renewable electricity, approximately 25% of which comes from 2.9 MW of solar capacity across the studio's rooftops. Other sustainability features include rainwater harvesting, LED lighting, EV charging points and an all-electric operations vehicle fleet.

  • Electric Vehicles: Funds were allocated to clean transportation initiatives, including select electric vans and pickups for Xfinity service technicians, as well as a large fleet of electric and solar-powered golf carts for production and operations crews at the Universal Studios Lot.

  • Circularity by Design: Comcast maintains longstanding refurbishing programs that reduce waste by enabling reuse of certain devices until the end of a product's life. This includes programs to test, refurbish and repair returned devices. Comcast also has a National Recycling Program, aiming to recycle or divert cable equipment waste from landfills through recovery and redistribution of materials.

To learn more about Comcast's full green bond allocation, please download its 2024 Green Bond Report. For more information on Comcast's environmental efforts, visit the Environment page at corporate.comcast.com.

Forward-Looking Statements

This communication includes estimates, projections and statements regarding plans and goals that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. For more information on these statements, please see https://corporate.comcast.com/impact/environment/forward-looking-statements.



View additional multimedia and more ESG storytelling from Comcast Corporation on 3blmedia.com.

Contact Info:
Spokesperson: Comcast Corporation
Website: https://www.3blmedia.com/profiles/comcast-corporation
Email: info@3blmedia.com

SOURCE: Comcast Corporation



View the original press release on accesswire.com

FAQ

How much has Comcast (CMCSA) allocated from its 2023 green bond?

Comcast allocated $995 million in net proceeds from its green bond issued in February 2023.

What are the main investment categories for Comcast's (CMCSA) green bond proceeds?

The proceeds were invested in green buildings, circular economy, clean transportation, energy efficiency, and renewable energy initiatives.

What is Comcast's (CMCSA) greenhouse gas emission reduction achievement from 2019 to 2023?

Comcast reduced its market-based, enterprise-wide Scope 1 and 2 greenhouse gas emissions by more than 30% from 2019 to year-end 2023.

What sustainable features does Sky Studios Elstree include under Comcast's (CMCSA) green initiatives?

Sky Studios Elstree features 100% renewable electricity, 2.9 MW of solar capacity, rainwater harvesting, LED lighting, EV charging points, and an all-electric operations vehicle fleet.

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