Green and social eligible project category Eligibility criteria Energy efficiency Expenditures related to design, construction, operation, and maintenance of energy-efficient facilities and infrastructure Clean energy Expenditures related to the construction, development, acquisition, maintenance, and operation of renewable energy projects that are new to the grid, such as solar, wind, small-scale hydropower generation, geothermal, and biomass Green buildings Expenditures related to design, construction, and improvements of office spaces and surrounding communities Clean transportation Expenditures related to the procurement, maintenance, and operation of electric vehicles (EV), bicycles, and associated infrastructure Circular economy and design Expenditures related to projects that are designed to increase waste diversion from landfill and design out waste Affordable housing Expenditures related to the construction, development, acquisition, and maintenance of affordable housing Commitment to racial equity Expenditures focused on advancing economic opportunity and equity for under-represented communities, including the Black+ community Support for small businesses and COVID-19 crisis response Expenditures related to support for SMBs, including those impacted by COVID-19 Table 2 ELIGIBLE PROJECT CATEGORIES 9 Alphabet Sustainability Bond Impact Report 2022 About our Sustainability Bond