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PNC Pledges $20 Billion In Environmental Finance

PNC Pledges $20 Billion In Environmental Finance

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PITTSBURGH, Aug. 18, 2021 /PRNewswire/ — The PNC Financial Services Group, Inc. (NYSE: PNC) announced today it is committing $20 billion over five years in support of environmental finance. This commitment is an extension of PNC’s long-standing support for accelerating the transition to a low-carbon economy, and is complementary to the bank’s recently announced Community Benefits Plan, which pledges $88 billion in loans, investments, and other financial support to bolster economic opportunity for low- and moderate-income (LMI) individuals and communities, people and communities of color, and other underserved individuals and communities.

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