By Stephen Nakrosis

Duke Energy Corp. on Tuesday said it is launching its new Sustainable Financing Framework to attract investments in eligible green and social projects.

The company said the new framework defines investment areas aligned with its clean energy strategy, as it looks to issue green and sustainability bonds, loans or other instruments. "Eligible projects include renewable energy, energy efficiency, advanced grid technology, and expanded opportunities for diverse suppliers and small businesses," Duke said.

"Our long-term investment strategy is part of the solution and will provide sustainable environmental, social and customer benefits as we work to achieve our net-zero goals," said Lynn Good, the company's chair, president and chief executive.

Since 2018, Duke has issued $2.3 billion in green bonds, the company said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

11-02-21 1140ET