Table of contents Introduction 3 Overview 5 Our sustainability approach About our Sustainability Bond 8 Our Sustainability Bond 10 Project selection and repo爀琀ing Featured projects and impact 12 Overview 12 Energy e昀케ciency 12 Clean energy 13 Green buildings 13 Clean transpo爀琀ation 13 Circular economy and design 14 A昀昀ordable housing 14 Commitment to racial equity 14 Suppo爀琀 for small businesses and COVID-19 crisis response Appendix 16 Allocation by bond 17 Impact by bond 18 Endnotes Alphabet Sustainability Bond Impact Report 2022 1