ENVIRONMENTAL SUSTAINABILITY

Employee Programs & Partnerships

More than 1,200 employees are actively engaged in our My Environment Ambassador program.

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.

Nonprofit Partnerships

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:

  • CERES
  • 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
  • Water.org

Bank of America Volunteers harvest and donate food

Associates in Belfast, Maine are cultivating a new way to reach the hungry in their community. Started in 2012 by the local Bank of America Environmental Network, the team is now working through their second successful season of an onsite volunteer vegetable garden. 100% of the food harvested is donated to local food cupboards, soup kitchens, and an after school program for kids.  

In keeping with Bank of America’s commitment to environmental stewardship and sustainability, the quarter-acre garden was planted on a section of previously unused ground on the Belfast campus. Every year it is planted, worked, and harvested all by bank volunteers using only natural techniques, free from chemical fertilizer and pesticides.

“It’s great to be making better use of the space we have here in Belfast” said Maine’s Environmental Network co-chair Jake Hutchins, “There is a strong local agricultural presence here in mid-coast Maine, and tied with the Bank’s history of community engagement, it seemed like a perfect fit to use the space we have to grow food for local people in need.”

During the height of the season, the team makes weekly deliveries of fresh, nutritious, and healthy produce from approximately 20 different vegetables varieties. “I’m proud to work for a company that is a leader in the financial services industry regarding sustainability efforts” said co-chair Patrick Costigan. “Our company is making great strides to reduce our carbon footprint though many initiatives. We’re glad that both the company and local leaders have embraced our garden vision to make a difference in the community.”

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Transformational Finance

Transformational Finance 

Our 10-year, $50-billion environmental initiative is a catalyst for accelerating low-carbon activities for the businesses, institutions and customers we serve.

Operations

Operations 

We manage our operations, and those of our vendors, with environmentally sound practices and ambitious targets.

Governance & Policies

Governance & Policies 

Our executive leadership sets strategy, priorities and goals with a global perspective and ensures rigorous risk management in our lending and other business activities.