Sustainable Finance

Supporting our clients’ sustainability goals is a key part of our Climate Action Strategy.

Sustainable Solutions for Clients

PNC supports our clients by first understanding their sustainability journey and identifying the opportunities and challenges they may encounter. We do this through conversations with various functional teams in our clients’ organizations, such as corporate treasury, sustainability operations, procurement or legal. As we work with our clients, we leverage a comprehensive toolset created to support clients of all sizes and sectors to assist impact. This includes sustainability-linked bonds and loans and sustainableuse-of-proceeds bonds and loans, both green and social impact.ul actions, no matter where the client may currently be in their journey.

Given our large commercial banking platform, we understand the pivotal role we can play to mobilize capital and act as intermediaries between corporate clients and the companies in their supply chain.

Areas of focus include:

  • Renewable energy
  • Energy efficiency
  • Green building
  • Sustainable transportation
  • Waste management and pollution control
  • Water quality and conservation
  • Air quality

Doing Right is a Brilliant Way To Do Business

PNC’s success is dependent upon our ability to create long-term value for our stakeholders. Our steadfast focus on smart risk management and relationship-based customer service builds the foundation to engage deeply and meaningfully across our stakeholder groups.

2023 PNC Corporate Responsibility Report

2024 Corporate Responsibility Report

Learn about PNC's progress toward our commitments to all of our stakeholders.

2024 Corporate Responsibility Report

Mobilizing Environmental Finance

PNC increased our commitment to mobilize environmental finance from $20 billion to $30 billion. This commitment focuses on green real estate, renewable energy, clean transportation and sustainability-linked loans and bonds with specific green use of proceeds. The enhanced environmental finance commitment maintains the same five-year time frame, through 2025. 


Sustainability-linked Loans

Sustainability-linked loans provide an incentive to the borrower for achieving key performance indicators (KPIs) related to sustainability considerations.

We are also committed to providing electric and hybrid vehicle loans.

We equip our client-facing employees across the organization with the necessary skills by offering training and webinars. PNC’s Sustainable Finance team is positioned to support clients at all stages of their sustainability journey.


Green and Social Bonds

Guided by the International Capital Market Association’s documentation around sustainable financing, and its associated Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines, PNC has developed its Sustainable Financial Bond Framework. This framework, in alignment with PNC’s Corporate Responsibility commitments and UN Sustainable Development Goals (SDGs), establishes the eligibility criteria for green, social and sustainability bonds. 

PNC’s Green Bond issuances support eligible green projects that promote a transition to a low-carbon economy and offer environmentally sustainable benefits. Some examples of these projects include green buildings, renewable energy projects and energy efficiency projects.

PNC’s Social Bond issuances support the financing or re-financing of eligible social projects that promote positive social outcomes and benefit low- to moderate-income (LMI) individuals and communities. Examples of social bond projects include affordable housing and job creation and retention in LMI Communities.

Sustainable Finance Documents

Learn more about PNC's  green and social projects, and an external assessment of our Framework against market standards

Managing Capital for our Clients in a Responsible Way

Purpose-Driven Investing at PNC helps our clients align their investments with their intentions, values and missions — the purpose behind their investments. At the direction of our clients, this could mean securing their family’s long-term financial
security by identifying corporate responsibility-related risks and opportunities in their portfolio or integrating an organization’s mission into their investments.   

Our process supports investors in identifying areas to:

  • Exclude or restrict portfolio exposures that may conflict with their personal mission or values
  • Proactively assess and engage with clients