Bank of America pledges to go 'carbon neutral' by 2020

Madeleine Cuff
clock • 2 min read

US financial giant promises to cut emissions by 50 per cent and source 100 per cent renewable electricity by the end of the decade

Bank of America, the second-largest bank in the US, has promised to become 'carbon neutral' by 2020 as part of a new suite of environmental goals launched on the first day of the annual Climate Week NYC...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Accounting

New SBTi CEO urges companies to step up action on net zero

New SBTi CEO urges companies to step up action on net zero

Former EY partner David Kennedy calls for more 'partnership' with corporations as the non-profit finalises major revision to its Corporate Net Zero Standard

Heather Clancy, Trellis
clock 11 April 2025 • 2 min read
Carbon Data Open Protocol: Businesses join forces to launch carbon markets standards drive

Carbon Data Open Protocol: Businesses join forces to launch carbon markets standards drive

New initiative aims to standardise data for carbon crediting projects across markets, geographies and activity types to boost transparency in carbon markets

clock 19 March 2025 • 3 min read
SBTi's Corporate Net Zero Standard: Three key outstanding questions

SBTi's Corporate Net Zero Standard: Three key outstanding questions

The SBTi's long-awaited draft standard points to a potential compromise between corporates and green groups, but several important issues are still yet to be resolved

Michael Holder
clock 19 March 2025 • 11 min read