Truist Issues 2021 Social Bond Impact Report

Truist Financial Corporation has announced the publication of its 2021 Social Bond Impact Report, which details the investments made from the bond proceeds and underscores the company’s commitment to advancing its environmental, social and governance (ESG) goals. In March 2021, Truist issued its first social bond for $1.25 billion, with net proceeds allocated toward new and existing eligible social programs, including investments in affordable housing to provide stability for individuals and families. This was the first social bond issued by a regional bank in the U.S. “As a purpose-driven financial…

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