Bank of America

Bank of America

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Harris Poll: Consumers Split on Companies' Social Responsibility Motivations
Harris Poll: Consumers Split on Companies' Social Responsibility Motivations

5 years ago - Long gone are the days when acting in a socially responsible manner was optional. Consumers now demand it and expectations are shifting to include how companies can create social value for stakeholders across the value chain. The annual Harris Poll Reputation Quotient, which quantifies reputation ratings for the 100 most visible companies in the U.S., as perceived by the general public, provides a glimpse at how companies are stacking up in the changing corporate reputation landscape. In its latest study, U.S.

New CDP Data Reveals US Suppliers Represent One-Third Global Carbon-Reduction Opportunities
New CDP Data Reveals US Suppliers Represent One-Third Global Carbon-Reduction Opportunities

5 years ago - Back in January, CDP released its annual Global Supply Chain Report 2017, highlighting the work of businesses around the world in helping reduce global greenhouse gas (GHG) emissions. In 2016 alone, the world’s largest purchasing organizations used their buying clout to drive down emissions by 434 million tons of CO2 — more than France’s total GHG emissions in 2014.

CDP, Bank of America, Barclays Introduce World's First Investment-Grade Carbon Pricing Scheme
CDP, Bank of America, Barclays Introduce World's First Investment-Grade Carbon Pricing Scheme

5 years ago - While the adoption of carbon pricing is on the rise, members of the We Mean Business Coalition, including Barclays, Bank of America and Hermes Investment Management have introduced the world’s first investment-grade carbon pricing system for the power sector — which accounts for one-quarter of global emissions — in an effort to accelerate the transformation needed to limit global warming to a 2°C scenario.

SB Corporate Members Named As CR's 100 Best Corporate Citizens
SB Corporate Members Named As CR's 100 Best Corporate Citizens

5 years ago - Sustainable Brands Corporate Members Hasbro, Campbell Soup Co, and Cisco Systems have been ranked in the top ten of CR's Best Corporate CItizens List. Other corporate members on the list include Kimberly-Clark, AT&T, PepsiCo, CVS, Disney, 3M, Procter & Gamble, General Motors, Hershey, Target, and Bank of America.

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Philips' Sustainability Performance Influences Interest Rate for New Revolving Credit Facility
Philips' Sustainability Performance Influences Interest Rate for New Revolving Credit Facility

5 years ago - Royal Philips (Philips), a leader in health technology, has announced an agreement with a consortium of sixteen banks for a new €1 billion Revolving Credit Facility with an interest rate that will be dependent on the company’s year-on-year sustainability performance improvement.

Companies, Cities, Including SB Corporate Members, Receive Climate Leadership Awards for Reducing their Carbon Impact
Companies, Cities, Including SB Corporate Members, Receive Climate Leadership Awards for Reducing their Carbon Impact

5 years ago - Ten companies and organizations, two partnerships, and three individuals today will receive 2017 Climate Leadership Awards for their accomplishments in reducing greenhouses gas emissions and addressing climate change. The awards, now in their sixth year, are a partnership program of the U.S. Environmental Protection Agency, the Center for Climate and Energy Solutions, and The Climate Registry. The awards are being presented this evening at the 2017 Climate Leadership Conference in Chicago. This year’s awardees represent a wide array of industries including finance, consumer products, retail, aviation, and technology, plus federal and local government.

CDP: Suppliers Eliminate 434M Tons of Emissions as Big Buyers Flex Purchasing Muscle
CDP: Suppliers Eliminate 434M Tons of Emissions as Big Buyers Flex Purchasing Muscle

6 years ago - As the global economy moves towards implementation of its new climate goals, the world’s largest purchasing organizations are using their buying clout to drive down emissions across their supply chains.

New CDP Initiative Aims to Develop Clear, Credible Carbon Pricing For Investors
New CDP Initiative Aims to Develop Clear, Credible Carbon Pricing For Investors

6 years ago - CDP, on behalf of the We Mean Business coalition, has convened a panel of utilities and investment leaders from across the G20 under the Carbon Pricing Corridors initiative - the world’s first industry-led initiative aimed at defining the carbon prices needed for the power sector to meet the Paris Agreement.

Bank of America Charitable Foundation Provides $1 Million Grant to The Nature Conservancy to Advance Work on Addressing Water Risks
Bank of America Charitable Foundation Provides $1 Million Grant to The Nature Conservancy to Advance Work on Addressing Water Risks

6 years ago - CHARLOTTE – The Nature Conservancy (TNC) is the recipient of a $1 million grant from the Bank of America Charitable Foundation, which will support two critical TNC initiatives. The first initiative focuses on using the comprehensive system-scale planning approach to help countries balance the generation of renewable energy and the conservation of rivers that provide food, livelihoods and many other values to people – particularly in Asia, Africa and Latin America. The second program aims to scale up cost-effective investments in nature-based resilience approaches that will help protect communities from climate risks and extreme weather events.  

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Bank of America Issues Its Third and Largest Green Bond
Bank of America Issues Its Third and Largest Green Bond

6 years ago - Bank of America Corporation announced today the issuance of its third and largest green bond for $1 billion in aggregate principal amount, furthering the company’s commitment to advancing renewable energy generation.

Bank of America Charitable Foundation Provides $500,000 Grant to GivePower Foundation to Help Provide Solar Energy to Communities in Developing Countries
Bank of America Charitable Foundation Provides $500,000 Grant to GivePower Foundation to Help Provide Solar Energy to Communities in Developing Countries

6 years ago - GivePower Foundation, a non-profit organization that uses solar energy technologies to deliver essential community services to the developing world, was awarded a second $500,000 grant from the Bank of America Charitable Foundation, totaling $1 million in grant funding in the past year.

Bank of America Commits to Carbon Neutrality and 100 Percent Renewable Electricity by 2020
Bank of America Commits to Carbon Neutrality and 100 Percent Renewable Electricity by 2020

6 years ago - Bank of America announces new environmental operations goals to be met by 2020, including plans to go carbon neutral. This announcement supports the bank’s continued efforts to reduce the environmental impacts of its operations. Bank of America will work to reduce location-based greenhouse gas (GHG) emissions by 50 percent, energy use by 40 percent, and water use by 45 percent in its operations across the globe by 2020.

RE100, EP100 Convince Even More Big Names to Invest in Cleaner, Smarter Energy
RE100, EP100 Convince Even More Big Names to Invest in Cleaner, Smarter Energy

6 years ago - During Climate Week NYC 2016 this week, several companies made bold commitments through The Climate Group’s two leading corporate energy campaigns: RE100, which is focused on transitioning to 100 percent renewable power, and EP100, a new initiative focused on doubling energy productivity.

BofA Invests $40M to Support Youth Employment
BofA Invests $40M to Support Youth Employment

6 years ago - Bank of America today announced a $40 million commitment to connect 100,000 teens and young adults to the skills and employment experiences needed for 21st-century jobs. Over the next three years, in partnership with nonprofit organizations across the country, the bank will fund summer internships, education and job training, and support diverse talent to help build a pipeline that will strengthen and enhance tomorrow’s workforce. "Investing in young adults to help provide them the opportunities they need to build their career skills makes a meaningful impact in their lives and the lives of our communities," said Brian Moynihan, chairman and CEO, Bank of America.

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Bank of America Strengthens Environmental, Social and Governance (ESG) Focus
Bank of America Strengthens Environmental, Social and Governance (ESG) Focus

6 years ago - To further expand how Bank of America is creating long-term value across Environmental, Social and Governance (ESG) factors, today the company shares progress made to deliver on its purpose of helping make financial lives better for customers, clients and communities around the world. The Business Standards Report, first published earlier this year, plus the ESG Addendum, together detail how the company is delivering responsible, sustainable growth – making the business more efficient, helping employees realize their potential and helping local communities around the world address their biggest challenges.

Love Has No Labels continues to extend the message of diversity through brand partners
Love Has No Labels continues to extend the message of diversity through brand partners

6 years ago - Love Has No Labels, the Ad Council's iconic campaign promoting diversity and inclusion, is extending its message through new brand partners and activations throughout the month of June, including a presence at the New York City Pride Parade and Pride Festival on June 26, to celebrate LGBT Pride Month. The Ad Council leads an unprecedented group of iconic brands in this integrated campaign to further acceptance of all communities. Founding campaign brand partners, The Coca-Cola Company, PepsiCo, P&G, Unilever and State Farm®, will be joined by new partners Bank of America, Wells Fargo, and Johnson & Johnson in advancing the reach and impact of the campaign during Pride and throughout the year.

B of A Expands Catalytic Finance Initiative, Directs $8B to High-Impact Sustainability Projects
B of A Expands Catalytic Finance Initiative, Directs $8B to High-Impact Sustainability Projects

6 years ago - A consortium of leading financial institutions and investors today announced a new partnership under the Catalytic Finance Initiative (CFI), to direct $8 billion in total commitments toward high-impact sustainability investments.

10 Sustainable Business Stories That Shaped 2015 ... and Some Questions for 2016
10 Sustainable Business Stories That Shaped 2015 ... and Some Questions for 2016

7 years ago - 2015 was a pivotal time when humanity turned more decisively toward building a thriving and sustainable world. On our largest shared challenge, climate change, most of the major hurdles to action — both imagined and real — started to crumble. And an unlikely group of new voices joined the fight. From the Pope to global CEOs to almost all the world’s political leaders, the most powerful people got on board.

#NewMetrics '15 Panel Dissects Evolving Green Bond Market
#NewMetrics '15 Panel Dissects Evolving Green Bond Market

7 years ago - The green bond market is growing exponentially, having seen $36 billion issued in 2015 from only $11billion issued in 2013. It remains a fledgling market, yet with continued investor demand and issuers embracing a ‘new green market,’ the future looks bright – according to a panel on the final afternoon at New Metrics ’15.

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Microsoft, GE Among Big Brands Backing New White House ‘Smart Cities’ Initiative
Microsoft, GE Among Big Brands Backing New White House ‘Smart Cities’ Initiative

7 years ago - Microsoft, GE and Bank of America are among the ten companies supporting a White House challenge to U.S. cities to become smarter by accelerating deployment of innovative technologies that tackle energy, water, waste and air challenges.Organized by the nonprofit, Envision America, the new effort will invite leaders from 10 winning communities to participate in a workshop in January in Charlotte, NC, where they will work with leading experts from industry and academia to diagnose needs, workshop solutions and develop new smart initiatives for their community.

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