PARTNERING LOCALLY

Environment

Eliminating 124,000 cars worth of CO2 by 2015 is just the beginning.*

Global Change Requires Local Action

Every time you buy something made of recycled materials or turn off that extra light, you're helping to lower your own environmental footprint. Most of us do small things like that to help. The people highlighted here are doing much more. We're proud to support them and follow their lead by reducing our own carbon footprint. With the completion of our 10-year, $20-billion environmental business initiative ahead of schedule, we stepped up and announced a new 10-year, $50-billion goal starting in 2013. We hope to be a catalyst for addressing climate change, sparking the innovation economy and advancing a transition to a low-carbon future.

Clean Tech

Lean, Green, Clean: Investing in San Diego as a Hub of Clean Tech

Jan 05, 2011

How industry leaders, scientists and government are making San Diego into a center of clean technology research and development—financing companies and creating jobs in the process…  learn More about Lean, Green, Clean: Investing in San Diego as a Hub of Clean Tech

Seeing Opportunity in the Renewable Energy Market, Power-One Secures Financing to Grow to Meet Demand

Nov 06, 2011

Solar arrays and wind farms are the first step in generating clean energy. But the energy needs to be efficiently converted so it is usable by utilities, businesses and homes—which is where L.A.-based Power-One has found a profitable market…  learn More about Seeing Opportunity in the Renewable Energy Market, Power-One Secures Financing to Grow to Meet Demand

Bank of America Announces New $50 Billion Environmental Business Initiative

Jun 11, 2012

Bank of America has announced a new 10-year, $50 billion environmental business goal to help address climate change, reduce demands on natural resources and advance lower-carbon economic solutions. The company also introduced significant new goals to reduce the environmental impact of its own operations…  learn More about Bank of America Announces New $50 Billion Environmental Business Initiative

Bank of America Ranked Second "Greenest Bank" Globally by Bloomberg Markets Magazine

Apr 04, 2012

Bank of America ranked second overall among the world's top financial institutions and was the highest ranked U.S.-based global financial company in the recently released Bloomberg Markets magazine's "Greenest Banks" report…  learn More about Bank of America Ranked Second "Greenest Bank" Globally by Bloomberg Markets Magazine

Bank of America Merrill Lynch provides Carbon Finance to CleanStar and Novozymes' Clean Cooking Fuel Venture in Africa

Nov 23, 2011

Bank of America Merrill Lynch is pleased to announce a multimillion dollar CER (Certified Emissions Reductions) financing agreement with CleanStar Mozambique (www.cleanstarmozambique.com), a joint venture between CleanStar Ventures and Novozymes, a global leader in bioinnovation…  learn More about Bank of America Merrill Lynch provides Carbon Finance to CleanStar and Novozymes' Clean Cooking Fuel Venture in Africa




*Bank of America’s goal is to reduce its absolute greenhouse gas (GHG) emissions by 15 percent from 2011 to 2015, based on its 2010 baseline. This is equal to the emissions of more than 700,000 metric tons CO2-equivalent or, said another way, equal to eliminating the GHG emissions from more than 124,000 passenger vehicles.

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18 percent reduction in greenhouse gas emissions from 2004-2009
Transformative Carbon Finance in Africa

Learn how carbon credits help reduce dangerous indoor charcoal smoke and CO2 emissions in Africa.  Learn More about Transformative Carbon Finance in Africa