Environmental sustainability

Transformational finance

Bank of America increases environmental business initiative from $50 billion to $125 billion in low-carbon business by 2025.

Driving positive environmental change

In July 2015 at the White House American Business Act on Climate Change event, Bank of America increased its second and current environmental business initiative from $50 billion to $125 billion in low-carbon business by 2025 through lending, investing, capital raising, advisory services and developing financing solutions for clients around the world. This 10-year environmental business goal speaks to the bank’s focus on and commitment to advancing energy efficiency, renewable energy and sustainable transportation, in addition to addressing other important areas like water conservation, land use and waste.


Our lines of businesses throughout the bank are actively contributing to this important goal, such as Commercial Real Estate Banking, Global Investment Banking, Leasing, Public Finance, Global Commercial Banking, Consumer Vehicle Lending, Global Wealth and Investment Management, and Philanthropy and CDFI Lending.

Table image

Financing a low-carbon economy

We understand the powerful role we can play—globally—in helping our customers, clients and communities navigate the transition to a low-carbon economy. Our goal is to serve all our customers—from large corporate clients and institutional investors to individual consumers and small businesses. This is the cornerstone of our environmental business strategy: financing of a wide range of projects that drive positive environmental change and create opportunities for individuals and institutions to invest in environmental sustainability.

Since 2007, Bank of America has provided more than $39 billion in financing for low-carbon activities. As part of our second commitment launched in 2012 at $50 billion and increased to $125 billion in 2015, we have provided more than $17 billion dollars to help finance low carbon activities.

BAC environment chart
See it in action

Cost-efficient funding for a Kansas wind farm

EDF Renewable Energy, an established owner and operator of wind farms, chose BofAML to provide a $120.4 million investment in a wind power partnership. The partnership finances Spearville 3, a clean power facility in Kansas consisting of 63 turbines. The investment helped fund a facility that supplies nearly 40,000 homes with renewable energy.

Man pictured with wind turbine

Conserving energy and providing job training in North Dakota

Banc of America Public Capital Corp (BAPCC) Energy Services provided $4.8MM lease financing for Energy Conservation Measures (ECMs) for Lake Region State College (LRSC) to be installed under a Guaranteed Savings Energy Services Agreement with an Energy Services Company. LRSC is a two-year state-run institution of higher education located in Devils Lake, North Dakota. More Learn more.

The Huffington Post

The Future Of Water Sustainability

IN THE NEWS (The Huffington Post): Multinational companies have historically taken water availability for granted. But this is changing. A 2013 World Economic Forum report named water scarcity as one of the top global risks facing companies in the 21st century. More Learn more.

NY_LI_NJ_BronxRiverAlliance_071013_01555 – x and x canoeing on Bronx River

A polluted river finds a voice

Bank of America, through volunteer work and a Neighborhood Builder grant, has helped to restore the Bronx River into a natural gem. More Learn more.

Supporting the environment and taking action to address climate change globally

With the worldwide transition to a low-carbon economy gaining momentum, our focus is on leveraging our global financial capabilities to support and drive opportunities and innovation for the clients and communities we support. It started with developing cleaner energies and creating more energy-efficient products and buildings. As environmental innovation spreads across all business sectors, we continue to bring experience, expertise and capital to all of our clients and customers around the globe.

See it in action

BofA's Bessant Says Iberdrola 'Green Bond' Good Sign (Audio)

Green bonds interview with Cathy Bessant on Bloomberg radio. Cathy Bessant discusses the first ever “green bond” issued by a Spanish corporation and how it is a good sign for the growing renewable energy securities markets. She also discusses the company’s internal programs to promote a cleaner environment. More More

Helping Clients Invest According To Their Values

One of our nonprofit clients is focused on conservation and education. Their mission is to educate children about climate change and the effects of carbon in the atmosphere. We helped them build a large-cap portfolio that worked with their goals, made up of companies in the field of climate change mitigation that meet the client's rigorous standards of environmental stewardship.

See more



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

Employee programs & partnerships

Employee programs & partnerships 

We enable our employees to act as environmental stewards by helping them to conserve resources.

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.