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Environment as a Corporate Responsibility Evan C. Henry Senior Vice President Environmental Services Department Bank of America.

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Presentation on theme: "Environment as a Corporate Responsibility Evan C. Henry Senior Vice President Environmental Services Department Bank of America."— Presentation transcript:

1 Environment as a Corporate Responsibility Evan C. Henry Senior Vice President Environmental Services Department Bank of America

2 Why Corporate Responsibility? Reputation risk Business risk Franchise protection Cost savings Business opportunities Doing the right thing

3 Bank of America’s Environmental Activities  Business Risk Management  Environmental Services Department  Reputation Risk Management  Public Policy Department  Internal Greening  Facilities  Purchasing  Community Action  Foundation  Community Development Banking  Team BankofAmerica  Business Opportunities  Cause-related marketing  Environmental goods and services

4 Internal Greening Forms Delivery of Office Supplies Records Management Printers Toner Food Services Carpet Suppliers

5 Compliance or Beyond Compliance? Compliance requires a standard Minimal compliance needs of Bank –Asbestos –Property Transfer –Tank and Air Permitting Beyond Compliance has no standard –Prevention –Third party risks

6 Voluntary Industry Standards Often developed in absence of regulation Examples –Ceres –UNEP Finance Initiative –Equator Principles –Global Reporting Initiative –Metafore –EPA Climate Leaders –EPA Energy Star

7 Real Examples Bank of AmericaTower at One Bryant Park in New York City –New 52-story building –U.S. Green Building Council's Leadership in Energy & Environmental Design (LEED) Platinum designation. –high-performance technologies to use dramatically less energy, consume less potable water and provide a healthy and productive indoor environment that prioritizes natural light and fresh air.

8 Real Examples


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