BCE announces new sustainable financing framework

By Wendy Van Sickle

Columbus, Ohio, April 29 – BCE Inc. announced a new sustainable financing framework to guide its future issuances of green, social and sustainability bonds, according to a news release.

“Our commitment to environmental sustainability and investments in our customers, our team and the communities we serve is critical to Bell's goal to advance how Canadians connect with each other and the world,” said Mirko Bibic, president and chief executive officer of BCE and Bell Canada. “Our sustainable financing framework is a concrete step to ensure the highest ESG standards are reflected in all our sustainable financing initiatives as part of a holistic approach across our business.”

Under the framework, BCE will provide ongoing reporting and transparency to investors and other stakeholders, including annual updates on allocation and impact metrics until the net proceeds of a sustainable financing are fully allocated to eligible green and/or social projects, according to the release.

The communications company is based in Montreal.

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