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Environment

8/20/14 6:47 pm EDT

Today the World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA) priced a $12.057 million World Bank Step-Up Callable Green Bond sold to Merrill Lynch Wealth Management clients. Bank of America Merrill Lynch offered the step-up fixed rate bonds, which are callable after one year. The bonds will pay a 2.32 percent coupon per year for the first five years (stepping up to a maximum final coupon of 8.82 percent per year) more...

6/24/14 9:00 am EDT

Bank of America today published its annual Corporate Social Responsibility (CSR) report, which provides a detailed overview of the company’s environmental, social and economic impact.

“Our CSR program used to revolve around philanthropy – those days are long gone,” said Andrew Plepler, Bank of America Corporate Social Responsibility and Consumer Policy executive. “While grantmaking is still critical, CSR is now a part of everything we more...

3/20/14 7:00 am EDT

Bank of America Merrill Lynch and the National Theatre today announced a multi-year partnership in support of NT Future, the National’s £80m redevelopment project which will transform the facilities the theatre offers audiences and artists, enhance its relationship with the environment and place education firmly at the heart of its mission.

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2/21/14 11:23 am EST

Bank of America has been named as a leader in climate change performance by the CDP (formerly the Carbon Disclosure Project).

The company is featured in CDP’s Supplier Climate Performance Leadership Index (SCPLI). The SCPLI highlights those companies within CDP’s supply chain program that have demonstrated a strong approach to climate strategy and emissions reduction in their CDP responses. This program collects information on behalf of 64 multinational companies with combined annual spend of more...