By Stephen Nakrosis


Walmart Inc. on Thursday said it closed its inaugural green bond offering.

The company said net proceeds from the $2 billion issuance will be allocated to fund projects advancing its sustainability goals.

The company said proceeds will be directed to eligible categories, including renewable-energy projects, projects related to making the company's facilities more energy efficient and sustainable transportation projects.

"The closing of our first-ever green bond offering directs capital toward projects that will advance our environmental sustainability goals now and in the years to come. These goals include achieving 100% renewable energy by 2035 and zero emissions in our operations by 2040," said Kathleen McLaughlin, the company's executive vice president and chief sustainability officer.


Write to Stephen Nakrosis at


(END) Dow Jones Newswires

September 23, 2021 14:00 ET (18:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Walmart (NYSE:WMT)
Historical Stock Chart
From Oct 2021 to Nov 2021 Click Here for more Walmart Charts.
Walmart (NYSE:WMT)
Historical Stock Chart
From Nov 2020 to Nov 2021 Click Here for more Walmart Charts.