National Savings & Investments is to use the ‘Sustainability Focus’ label for its Green Savings Bonds.
The Treasury-backed investment product provider said the move was to make it easier for customers ‘to understand why our Green Savings Bonds are considered a sustainable investment’ and to ‘ help them make an informed decision about where to put their money’.
NS&I said it was using the ‘Sustainability Focus’ label because ‘money raised by Green Savings Bonds is invested in assets that focus on sustainability for people and the planet’.
The money also helps finance government spending on projects that tackle climate change, rebuild natural ecosystems and support jobs in green sectors.
It has six areas for green projects funding:
Making transport cleaner
Renewable energy
Preventing pollution
Using energy more efficiently
Protecting natural resources
Adapting to a changing climate
Projects in these areas are key to delivering the government’s objectives in achieving net zero, climate resilience and nature restoration.
