Analog Devices Completes Allocation of Semiconductor Industry’s First Green Bond
Nearly
“At ADI, we are putting our great engineering minds and resources behind tackling some of society’s greatest threats, especially climate change. In support of this, ADI completed the semiconductor industry’s first green bond offering last year and invested the nearly
As of
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$288 million to develop eco-efficient technologies across 4G and 5G communications, data centers, green vehicles and battery management systems; -
$102 million to green buildings, helping to construct over 225,000 square feet of green building space inWilmington, Massachusetts , the corporate headquarters; and -
$5 million to renewable energy, including over 3,100 solar panels generating about 1.5 million kWh of electricity per year.
The project categories for the green bond offering were designed to advance the United Nations Sustainable Development Goals. Additionally, ADI’s green bond framework was reviewed by Sustainalytics to ensure that it aligns with the four core components of the Green Bond Principles 2018.
More information on ADI’s sustainability initiatives can be found in ADI’s 2020 Corporate Responsibility Report published earlier this year.
About
(ADI-WEB)
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Investor Contact:
Mr.
781-461-3282
investor.relations@analog.com
Media Contacts:
Ms.
917-935-1456
Brittany.Stone@teneo.com
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