Micron Releases Green Bond Framework

Micron Releases Green Bond Framework

BOISE, Idaho, Oct. 14, 2021 (GLOBE NEWSWIRE) — Micron Technology, Inc. (NASDAQ:MU), today announced the release of its Green Bond Framework, supported by a second-party opinion from Sustainalytics, a Morningstar Company and globally recognized provider of ESG research, rating and data.

“A Green Bond Framework reflects Micron's broader commitment to sustainability as we embrace green financing as a principal funding strategy,” said David Zinsner, Chief Financial Officer at Micron. “The framework announced today is a testament to how environmental sustainability and good business practices together can drive positive outcomes for Micron, investors and the planet.”  

The framework provides information about the types of projects that are eligible for financing or refinancing with the use of any potential green bond proceeds and is in alignment with the four core pillars of the Green Bond Principles, 2021. Eligible projects support Micron's sustainability commitments, and focus on renewable energy, green buildings, energy efficiency, …

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