Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

There’s no opaqueness surrounding the fact that the time that we approach ahead beckons sustainable mobility that will plant its roots firmly in electric vehicles and battery solutions democratised to such an extent that using non-renewable oil resources would be for nought. 

As a smorgasbord of nations make an agenda public entailing the adoption of fully electric cars by 2030 and onwards also encapsulating a scrapping policy for outdated gasoline vehicles that doesn’t lead to any pollution, Nissan has come up with Sustainable Finance Framework which will be optimised as a reserve to launch innovative electric vehicle solutions, batteries, environmental technologies and more advanced transportation facilities. 

The provision is being made also to be the linchpin in fostering large-scale programs in the brand’s use of inexhaustible energy, lean production solutions, ecosystem that will be created for recharging of non-ICE vehicles, recycling and reusing batteries and also for self-driving vehicle solutions. 

Since this program is underpinned by sustainability, the funds which will be raised will be released to provide a fillip to sustainability and taking ground-breaking measures for a greener and secure world which is a desirable place for everybody to thrive.

Nissan has also revealed the prerequisites for commercial fronts and technical programs to receive monetary grants under the model of Sustainable Finance Framework, which completely abides by certain yardsticks rolled out by Sustainalytics, a research organisation that specifically targets the genres of Environmental, Social and Governance (ESG). It certifies that Nissan’s model is in accordance with the Green Bond Principle 2021, Social Bond Principle 2021, Sustainability Bond Guideline 2021, Green Loan Principal 2021 and Social Loan Principle 2021. 

Nissan is eligible for green projects such as clean transportation where the proceeds can be used to produce vehicles and components of zero-emission vehicles, clean manufacturing where there is efficient waste management along with efficient use of water to prevent its impetuous consumption. At the same time, the company has also been provided with a Vehicle-to-Everything (V2X) permit where the batteries also perform the function of storing energy for future use. 

Such measures aid Nissan in functioning effectively to foresee and build a sustainable future where sustainability is one of the paramount guiding forces channelling its efforts and progress. The brand has always adopted a future-centric approach where it aimed to make its cars connected and proactive for the owners to lead a safe and tech-laden life reducing their daily life struggles to a great extent. 

With Measures such as Nissan Intelligent Mobility, their cars have bloomed to become more high-tech and advanced with features such as adaptive cruise control, lane departure warning, rear-cross traffic alert, etc. At the same time, the brand will now have the monetary resources to magnify the prospect of autonomous driving and make commuting more comfortable and convenient. 

In recent times, the brand was lauded immensely for its Ariya product, the purest expression of an EV that it has revealed yet. With enormous development taking place on the EV front as well as creating a full-fledged infrastructure to be the cornerstone for its more advanced and future-ready vehicles, the Sustainable Finance Framework is likely to be put to effective use combining man, money and technology to reverse the detrimental impact created on the environment.