PUGET ENERGY


Associated tags: Environment, Puget Sound Energy, Energy, Carbon, CETA, CCA, Research, Biodiversity, Climate change, Water, Sustainability Bonds, Social Bonding and Nurture Kinship, ESG, CFS, Renewable energy, Framework, Sustainalytics

MEDIA RELEASE: Puget Energy announces Sustainable Financing Framework to fund clean energy commitment

Retrieved on: 
Wednesday, May 10, 2023
Carbon, Puget Sound Energy, CETA, CCA, Research, Biodiversity, Climate change, Water, Sustainability Bonds, Social Bonding and Nurture Kinship, ESG, Environment, CFS, Renewable energy, Framework, Sustainalytics

Sustainable financing proceeds will be allocated to eligible project categories including renewable energy, energy efficiency, clean transportation, climate change adaptation, biodiversity conservation, water and wastewater management, pollution prevention and control, green innovation and socio-economic advancement.

Key Points: 
  • Sustainable financing proceeds will be allocated to eligible project categories including renewable energy, energy efficiency, clean transportation, climate change adaptation, biodiversity conservation, water and wastewater management, pollution prevention and control, green innovation and socio-economic advancement.
  • Investment in renewable energy and associated infrastructure is in alignment with and driven by the requirements of Washington State’s Clean Energy Transformation Act (CETA), Climate Commitment Act (CCA) and Clean Fuel Standard (CFS).
  • “The clean energy transition is both the challenge and the opportunity of our time,” said Mary Kipp, chief executive officer of Puget Energy and Puget Sound Energy.
  • Establishing our first Sustainable Financing Framework is an important milestone in accelerating our progress towards a cleaner energy future and being a Beyond Net Zero Carbon energy company by 2045.