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The business of climate change
Bank of America has long recognized the impact of sustainability on our business. An environmental leader for more than two decades, we have consistently applied good environmental behavior to our own operations and business practices.
Today, Bank of America understands that we have a tremendous opportunity and responsibility to address global climate change as a significant challenge faced by the communities we support.
In 2007, we announced a $20 billion, 10-year initiative to address climate change by championing sustainable business practices in four key areas:
Lending
We provide lending, advice and market creation to help commercial clients finance the use and production of new products, services and technologies.
Investments
We invest in businesses and technologies that address climate change.
Products and Services
We develop new financial products and services for customers who consider the environmental impact of their purchasing decisions and want to offset or minimize their carbon emissions.
Operations
We research and implement innovative ways to increase energy efficiency and reduce emissions, consumption and waste within our own operations and among our associates.
Bank of America recognizes that our commitment to climate change is more than simply doing the right thingit presents a compelling business opportunity for our customers and shareholders, and a point of pride for our associates.
Associate involvement
We engage our associates in environmental campaigns and networks to create new awareness, behaviors and leadership skills.
Learn how our associates are reducing their environmental impact.
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