The U.S. Green Building Council (USGBC), creators of the Leadership in Energy and Environmental Design (LEED) green building rating system, announced that Bank of America has provided an additional $500,000 grant to the LEED for Cities and Communities program, which helps local governments pursue LEED certification and provides access to educational resources and technical support. This is Bank of America’s third grant supporting the program. The new funding will assist 20 additional city and county recipients as they pursue LEED certification to address climate change, resilience and social equity challenges in their region.
“Local governments see the on-the-ground effects of a changing climate and how it impacts people, businesses and communities. They also understand that taking action can lead to a stronger economy and better quality of life for their residents,” said Mahesh Ramanujam, president and CEO, USGBC. “More than 160 cities and communities around the world are participating in LEED for Cities and Communities outside of the grant program and thanks to our partners at Bank of America, we are able to welcome even more into the LEED family. These cities and communities are committed to finding solutions that improve our living standard and are using LEED to ensure they are on a path of continuous improvement.”
Cities and counties selected for the 2020 program represent more than 10 million Americans in urban and rural areas around the country. New city and community recipients include:
“USGBC is a leader in driving positive change through its LEED certification program, helping to create more sustainable solutions for cities, communities and businesses,” said Alex Liftman, Global Environmental executive at Bank of America. “Our partnership with USGBC is part of our broader sustainable business strategy that includes working collaboratively with clients, partners, communities, employees and multiple stakeholders to address climate change and accelerate the path to a sustainable, low-carbon future.”Since 2018, Bank of America has provided $1.25 million to this program, supporting a total of 41 U.S. cities and communities to date as they pursue certification. The company’s 2019 grant helped 15 cities and its 2018 grant supported six cities and communities.
More than 100 cities and communities have achieved LEED certification around the globe. LEED provides local governments a framework for implementing strategies to address challenges related to energy, water, waste, pollution and carbon emissions. In addition to environmental factors, the rating system takes into account social and economic indicators, such as health, equity, education and prosperity. LEED helps local leaders hone metrics to evaluate initiatives; benchmark performance relative to peers; and educate and communicate progress to stakeholders. The rating system is flexible and can be applied to small and large cities, counties and other local governments, as well as economic areas, such as business improvement districts and neighborhoods.
Bank of America is a longtime member and partner of USGBC. Presently, the company has 19 million square feet of LEED-certified workspace, including more than 200 LEED-certified financial centers. It has provided a total of $3 million in grants to USGBC programs since 2011. USGBC has been a member of Bank of America’s National Community Advisory Council (NCAC) since 2016.
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Connect with us on Twitter (@BofA_News).
The U.S. Green Building Council (USGBC) is committed to a prosperous and sustainable future through cost-efficient and energy-saving green buildings. USGBC works toward its mission of market transformation through its LEED green building program, robust educational offerings, an international network of local community leaders, the annual Greenbuild International Conference & Expo, the Center for Green Schools and advocacy in support of public policy that encourages and enables green buildings and communities. For more information, visit usgbc.org and connect on Twitter, Facebook and LinkedIn.
Reporters May Contact:
Kelly Sapp, Bank of America
Sarah Stanley, U.S. Green Building Council