Bank of America Achieves Carbon Neutrality
Meets Goal Year Early to Become Carbon Neutral for Its Operations
“We are delivering responsible growth by focusing on serving our clients, investing in our teammates, supporting the communities where we operate – AND by addressing important societal priorities,” said
As part of Bank of America’s long-term commitment to lessen the environmental impact of its operations, the company has completed the following activities:
- Reduced emissions by more than 50 percent in its facilities since 2010.
Met its 100 percent renewable electricity goal by:
- Installing on-site solar capability at many of its facilities, including office locations and financial centers, and on ATMs.
- Completing multiple long-term renewable agreements which will add new wind and solar electricity to the grid.
- Purchasing Renewable Energy Credits (RECs).
Purchased a limited amount of carbon offsets from four nonprofit projects located in impoverished areas across the U.S.,
South America, Africa, and Asia, which are helping to preserve biodiversity and drive reforestation, while furthering economic mobility for the local populations.
Reporters May Contact:
Kelly Sapp, Bank of America, 1.980.214.3070 or 1.980.386.9514