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Birmingham Post
Birmingham Post
Business
Tom Keighley

Nissan launches sustainable finance project to fund electric vehicle production and eco-technologies

Nissan has launched a new "sustainable finance framework" it says will help it fund next-generation electrified vehicles, batteries, environmental technologies, and new mobility services.

The manufacturer said proceeds from a series of bonds and loans offered by group companies will be used to support projects in Nissan's use of renewable energy, clean manufacturing systems, electric vehicle re-charging infrastructure, battery re-use and autonomous drive technologies. Eligible projects will ultimately be decided by a new committee while Nissan has published the framework which sets out three key themes of 'social', 'sustainable' and 'green'.

A statement from the firm said: "The launch of the Nissan Sustainable Finance Framework is the latest initiative to position sustainability at the core of the company’s business, reflecting Nissan’s corporate purpose of 'Driving innovation to enrich people's lives'. Nissan continues to grow as a company through global business activities while contributing to solving various issues facing society. In doing so, Nissan continues to provide value to stakeholders and support the development of a sustainable society."

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