Energy Management Articles
Blog posts tagged with "Bank of America"
Bank of America Finances $205M for Carbon Capture
Harvestone Low Carbon Partners, LP (HLCP), a decarbonization platform, and a portfolio company of Energy Capital Partners (ECP), announced that it closed a first-of-its kind tax equity financing with Bank of America.
Minnesota Hub Launches Coalition to Scale SAF
A coalition in Minnesota launched to scale the production of sustainable aviation fuel (SAF) to help commercial aviation reach net zero by 2050.
Bank of America Joins SAF Program
Bank of America joined the sustainable aviation fuel (SAF) program operated by American Express Global Business Travel (Amex GBT), a B2B travel platform, and Shell Aviation.
Bank of America Signs Solar Energy Agreement
Bank of America announced a 15-year, 160-MW agreement to purchase power and project-specific renewable energy certificates (RECs).
Bank of America Sets 2030 Targets
Bank of America announced 2030 targets for reducing emissions associated with financing activities related to three key sectors: auto manufacturing, energy, and power generation.
Bank of America Deployed $250B Sustainable Finance Capital
Bank of America announced that it mobilized and deployed approximately $250 billion in sustainable finance activity for 2021, an all-time high and a significant increase over 2020 levels.
Bank of America Issues Second Equality Progress Sustainability Bond
Bank of America announced the issuance of its second Equality Progress Sustainability Bond for $2 billion.
Bank of America Installs Rooftop Solar on Corporate Campus
Bank of America announced Oct. 26 the installation of a solar project at its corporate campus in Chandler, Ariz., that is expected to offset 60% of the facility’s annual electricity demand.
Bank of America sets steps for net zero by 2050
Bank of America announced on Feb. 11 a series of initial steps it will take to achieve its goal of net zero GHG emissions in it financing activities by 2050, as well as broader 2030 operational and supply chain goals as part of a holistic commitment to environmental sustainability.
New emissions reporting standard addresses carbon footprint of lending and investment
The Partnership for Carbon Accounting Financials (PCAF) announced Nov. 18 that it released the first global standard for measuring and reporting emissions associated with loans and investments.
Smart Energy Voices Podcast - Episode 7: Innovative Approaches to Achieving Renewable Energy and Climate Goals with Valerie Car
On today's episode of Smart Energy Voices, listen in on a panel discussion from a recent Renewable Energy Sourcing Forum. This exciting panel features Valerie Cardwell, with Comcast NBC Universal’s Office of Sustainability, Beth Wytiaz, Global Environmental Operations Manager at Bank of America, as they share their renewable energy and climate goals, plus their strategies for achieving them. The panel is moderated by Becky Sternberg, Vice President of Energy and Climate Practice at 3Degrees.
Bank of America completes long-term agreements for 10 solar projects
Bank of America announced June 29 a sweeping package of 10 new solar agreements totaling 200 MW that will provide over 340,000 MWh of clean energy annually and cover 100% of the electricity requirements in the Carolinas and Texas, which accounts for nearly 21% of the bank’s U.S. electricity use.
Bank of America discloses update on climate task force
Bank of America announced April 30 that they released their Task Force on Climate-related Financial Disclosures (TFCD) Report to address how the company is evaluating the impact of climate change on business, effectively managing those risks and cont
Bank of America meets carbon neutrality goals early
Bank of America has achieved its carbon neutrality goal a year ahead of schedule through the reduction of Scope 1 and 2 emissions, purchasing 100% renewable electricity and buying carbon offsets for the remaining emissions.
Bank of America to install EV charging across eight states
Bank of America will be installing electric vehicle charging stations at various locations across the U.S. through a new partnership with Electrify America announced Dec. 17.
Bank of America aims for targets with solar at 60+ locations
Bank of America announced the expansion of its environmental operations efforts to include the installation of solar panels across multiple locations through its Onsite Solar Initiative. These actions will move the bank closer to meeting its targets of carbon neutrality and purchasing 100% renewable electricity by the end of 2020, as well as its goals to reduce location-based GHG emissions by 50% and energy use by 40% in the same timeframe.
Bank of America commits to long-term RECs
Bank of America will purchase renewable energy certificates (RECs) generated from the first commercial integrated solar-wind hybrid power generation project in the U.S., to be built in Minnesota.
ExxonMobil, Bank of America to fund Stanford energy research
ExxonMobil and Bank of America have signed on as founding members of the Stanford Strategic Energy Alliance, committing $20 million and $7.5 million, respectively.
Bank of America issues its largest green bond
Bank of America has issued its third and largest green bond, for $1 billion in aggregate principal amount, which it says helps continue its commitment to advancing renewable energy generation.
BofA aims for 100% renewables, carbon neutrality
Bank of America has announced a new set of environmental goals, including a commitment to powering its operations with 100% renewable energy by 2020 and reducing its energy use by 40%.
Bank of America deployed $14.5B in renewable energy, efficiency projects in 2015
Bank of America has also reduced energy use within its own operations, targeting energy-intense data centers that account for 25% of its total greenhouse gas emissions.
