Reaching Environmental Goals, Together
Employee programs are a strategic focus area for our global environmental initiative. With a workforce that numbers in the hundreds of thousands, our employee population has the scale and desire to really “move the needle” in making a positive environmental impact. Our My Environment Ambassador program grew by more than 500% in 2011, and in a year-end survey, our employees said they wanted an active, meaningful role in helping Bank of America meet our environmental targets.
My Environment Ambassadors Program
We mobilize our employees to serve as stewards of the environment at work and at home, across 40 countries, and within every line of business and support group. More than 1,200 My Environment Ambassadors are actively working to increase employee engagement and understanding of environmental issues.
My Environment Ambassadors:
- Host educational sessions for all interested employees on important environmental topics
- Gather and share success stories
- Participate in and/or facilitate environmental volunteer opportunities in the community
- Recruit other employees to become My Environment Ambassadors
- Provide feedback to the Global Environmental Group
- Act as a resource to other employees for environmental stewardship
While the My Environment Ambassadors play a leadership role, all employees are welcome to participate in the local educational sessions, expert speaker webcasts and volunteer activities. They can also subscribe to our quarterly environmental newsletter or visit the Make An Impact website to calculate their own carbon footprint. Thousands of employees took advantage of the programs in 2011.
Partnering with groups that have in-depth knowledge of specific environmental issues, global resources and established educational programs and events helps us increase the impact of our environmental efforts. Our current environmental giving priority is climate change. We approach this through: Energy (Renewable and Efficiency, including Green Building); Forests (Deforestation, Reforestation); and Water (Access to, Health/Sanitation). We specifically target opportunities related to volunteerism, job creation and training and thought leadership.
Key partners include:
- Center for Climate and Energy Solutions
- Nicholas Institute for Environmental Policy Solutions, Duke University
- The Initiative for Global Environmental Leadership, The Wharton School, University of Pennsylvania
- The Nature Conservancy
- National Wildlife Federation and Jobs for the Future (Greenforce Initiative)
- Ocean Conservancy
- Center for Law, Energy & the Environment, UC–Berkeley Law and Emmett Center on Climate Change and the Environment, UCLA Law
- U.S. Green Building Council
Ocean Conservancy and Bank of America Volunteers
Bank of America has supported Ocean Conservancy’s International Coastal Cleanup (ICC) since 2002. Held each September, hundreds of thousands of volunteers from countries all over the world spend a day picking up everything from cigarette butts and food wrappers to lost fishing nets and major appliances. Because trash travels to the ocean by way of storm drains and waterways, they don’t just work along ocean beaches; participants slog through mud and sand along lakes, streams and rivers, too, often working far inland.
In 2011 we were proud to achieve true global participation in ICC with volunteers across the United States being joined by volunteers in Hong Kong, São Paulo, London, Madrid, Chennai, Mumbai and San Jose, Costa Rica. In all, 3,079 volunteer hours were dedicated to the International Coastal Cleanup in 2011, a 46% increase over 2010.
Our 10-year, $50-billion environmental initiative is a catalyst for accelerating low-carbon activities for the businesses, institutions and customers we serve.
We manage our operations, and those of our vendors, with environmentally sound practices and ambitious targets.
Our executive leadership sets strategy, priorities and goals with a global perspective and ensures rigorous risk management in our lending and other business activities.