Green Bond Program
Green Bonds are funding instruments in which the proceeds are applied exclusively towards projects and activities that promote climate or other environmental sustainability initiatives. TMCC introduced the auto industry’s first-ever asset-backed Green Bond in 2014. TMCC’s Green Bond issuances support the sale of environmentally friendly vehicles and serve to advance Toyota’s extensive environmental commitment. TMCC has issued four Green Bonds totaling $5.3 billion as of December 31, 2017. View a copy of the TMCC Green Bond Framework presentation here.
The TFS Green Bond program is unique in the auto industry and enhances Toyota’s reputation for leadership in green innovation across industries. Learn more about Toyota USA’s environmental sustainability achievements and goals here.
The TFS Green Bond program has been reviewed by Sustainalytics, a leading global provider of environmental, social and corporate governance research, ratings and analytics.
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