Houston-based food distribution giant raises $500M for sustainability efforts

Sysco Corp. (NYSE: SYY), one of Houston’s largest public companies, raised $1 billion through note offerings — half of which is going toward the firm’s sustainability efforts.

The food distribution giant closed its inaugural “sustainability bond” issuance Feb. 13, according to a news release. Sysco will use the net proceeds from the $500 million offering to fund projects that further the company’s 2025 corporate social responsibility goals.

Categories of eligible sustainability projects include…