Traton, parent company of International and other brands, launched a group-wide Green Finance Framework to accelerate financing and refinancing battery-electric commercial vehicles.
"Traton is committed to driving the transformation of commercial transport through sustainable innovation," says Christian Levin, CEO of Traton. "With our Green Finance Framework, we align our financing strategy with global climate goals and offer investors a transparent, forward-looking platform to support the transition to battery-electric mobility."
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The framework will enable capital providers to operate via a range of financing instruments, including bonds, loans and asset-backed securities. It is compliant with international standards, Traton says, and ensures proceeds are allocated to battery-electric vehicle projects in one of four categories: research and development, manufacturing, financial services, or charging infrastructure.
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Traton will use its Green Finance Committee to evaluate, select and monitor eligible investments, ensuring transparency with an annual report on the use of proceeds and their impact.
