Report Details Economic Benefits of Bank of America’s $125 Billion Environmental Business Initiative

By Newsroom America Feeds at 18 Sep 2017


September 18, 2017, 8:00 am EDT

Report Details Economic Benefits of Bank of America’s $125 Billion Environmental Business Initiative

Today, Bank of America released “Banking on a Low-Carbon Economy: The Economic Impacts of Bank of America’s $125 Billion Environmental Business Initiative .” The report, based on analysis conducted by consulting firm EY, examines the economic impacts of a $12.6 billion subset of the company’s $125 billion environmental business commitment, focused on projects within the United States financed between 2013 and 2016. The results demonstrate that Bank of America’s commitment is having positive impacts on the economy and the environment.


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