Global commitment to improving the environment at work and in our communities
Our commitment to environmental sustainability
As a large, global company, we understand the impact our operations have on the environment. But our scale also enables us to take measurable action to reduce these impacts – through our own efficiency, with new technologies and by influencing our supply chain.
In addition, our employees have a key role to play in reducing our environmental impact and we are empowering them to make a difference through our My Environment® program, employee reimbursement programs and environmentally focused volunteer events.
Learn more about our environmental operations goals and work. The goal table below shows how we performed against our 2020 environmental operations goals in 2018.
Reducing our own environmental impact
We aim to meet our environmental operations goals by 2020, which includes becoming carbon-neutral and purchasing 100% renewable electricity. These goals support our continued efforts to reduce overall environmental impacts of our operations. We will work to reduce location-based greenhouse gas emissions by 50%, energy use by 40% and water use by 45% in our operations across the globe from 2010 to 2020. Read our press release which provides additional details. We are members of RE100 and EV100 and we were one of the first financial institutions to join the U.S. Department of Energy's Workplace Charging Challenge.

Operational
targets
Bank of America announced
operational goals from
2010 - 2020
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Achieve Carbon Neutrality for Scope 1 and 2 emissions
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Reduce energy by 40%
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Purchase 100% of electricity from renewable resources
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Reduce location-based GHG emissions by 50%
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Maintain LEED certification in 20% of the company's owned and leased space and manage 19 million square feet of LEED Certified office space across the globe
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Reduce water use by 45%
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Maintain an average of 10% recycled content in paper purchased
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Purchase 100% of paper from certified sources
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Reduce waste to landfill by 35% *Baseline 2011
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Dispose 100% of e-waste using certified responsible vendors
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Maintain 90% response rate to our CDP supply chain requests
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Increase the number of our CDP supply chain responding vendors who report GHG emissions to 90%
To view progress on our goals in 2018, please see our 2018 ESG Performance Data Summary PDF.