Nissan, a car company, has announced that it will be issuing bonds to raise money for environmentally friendly projects.

They plan to raise 200 billion yen (about $1.9 billion USD) through the issuance of sustainability bonds.

These bonds will be available to both regular investors and large investors. This is the second time Nissan has raised funds in this way since launching its Sustainable Finance Framework in July 2022.

This framework is a plan to make Nissan a more environmentally friendly company. The funds raised will be used to invest in projects that will help Nissan achieve this goal, such as developing and manufacturing electric vehicles and self-driving cars.

The bond issuance aligns with several international standards for environmentally and socially responsible investing.

This is part of Nissan’s overall effort to make sustainability a core part of its business and to make cars that are good for both customers and the environment.