Intel issues US$425 million in green bonds in first year, reducing greenhouse gas emissions by 5.3 million metric tons

Intel Corporation announced the successful issuance of green bonds, raising US$1.25 billion in funds and investing US$425 million within the first year

##Intel It stated that the invested projects

reduced greenhouse gas (GHG) emissions by 5.3 million metric tons during 2021-2022, saved 4.5 billion gallons of water, and diverted 56,000 tons of waste from landfills.

Intel said it will allocate 34% of funding proceeds to five project categories, including pollution prevention and control, water management, energy efficiency, renewable energy, and circular economy and waste management

Intel is committed to using 100% renewable energy, clean water and zero waste to landfill in its global operations, as well as achieving net-zero greenhouse gas emissions from its global operations by 2040. By making full use of green bond proceeds for investment, we can help realize the above commitments and achieve net-zero upstream greenhouse gas emissions by 2050

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