We believe that these investments benefit our communities, employees and stakeholders, and are an important part of fulfilling GoogleвЂ™s mission and goal of creating value over the long term. The proceeds from these sustainability bonds will fund ongoing and new projects that are environmentally or socially responsible and enable investors to join us in tackling critical issues.

WeвЂ™re encouraged that there was such strong demand for these bonds from investors-they were significantly oversubscribed. It uniquely brings together the cloud-native, zero-trust solutions. Such bonds are an emerging asset class and we hope this transaction will help develop this new market. Google's Work Safer provides companies with access to best-in-class security for email, meetings, messages, documents, and more. Although a number of companies have issued green bonds (directed solely to environmental uses), sustainability bonds differ in that their proceeds support investment in both environmental and social initiatives. Today, as part of a $10 billion debt offering, we have issued $5.75 billion in sustainability bonds, the largest sustainability or green bond by any company in history. We continue to make major investments in affordable housing and have made a number of significant commitments to promote racial equity. Google has been carbon neutral since 2007 and weвЂ™ve matched our entire electricity consumption with renewablesВ for the past three years. Meet the 20 organizations we selected to support. Operating our business in an environmentally and socially responsible way has been a core value since our founding in 1998. issued an open call to organizations around the world to submit their ideas for how they could use AI to help address societal challenges. For more than 20 years, Google's products have improved the lives of people all over the world.

Google inc. beyondcorp initiative