Bank of America has set a goal of becoming carbon neutral and purchasing 100% renewable electricity by 2020. Here, Alex Liftman, Global Environmental Executive, shares the drivers for action.
Read the full article at: www.theclimategroup.org
The goal of purchasing 100% renewable energy by 2020 is a strategic commitment to being a leader in clean energy investment. And it comes with a US$125billion budget to turn Bank of America into a low-carbon, sustainable business by 2025.
Why would a company commit to such goals?
Littman’s answer, “…we know our clients, customers and employees are extremely well informed participants in a changing world, and that they expect Bank of America to conduct itself in a manner that is responsible and sustainable, in every way.”
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