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Bank of America Ranked First Among Financial Institutions

Written By Source Code Mas Is on Tuesday, September 20, 2011 | 9:43 AM

Bank of America is the top-ranked global financial services company, and is ranked fourth in all areas in the Carbon Disclosure Project recently published (CDP)-Global-500. The ranking is based on the combined effect of two Carbon Disclosure Leadership Index (CDLI) and the Carbon Leadership Index is based Performance (FPIC) notes.  
 
Overall rating of the report, as the 500 largest companies in the world to disclose their emissions of greenhouse gases that build climate change strategies, targets for the reduction and improvements in performance. In the report, the Bank of America, 97 points out of 100 possible points in the Carbon Disclosure Leadership Index for the disclosure process and attained the rank as efficiently as possible in the FPIC.  
 
"We are delighted with this recognition of the CDP, which shows how far we as a society to come. Bank of America was and is a lot of discipline in our control, efficiency and performance to introduce disclosure," says Global Technology and Operations Executive and the Bank of America on the Environment Chairman Catherine P. Bessant. "Find as we move forward, our challenge to continue to develop innovative ways to deliver on the ambitious goals we have established and to help our customers, appear many of whom in these reports, do the same."  
 
Apart from the world rankings, the CDP separate Bank of America first ranked among financial services companies and second among all large U.S. companies in the Carbon Disclosure Leadership Index, and FPIC in its S & P 500 report released yesterday in New York. 
 
CDP is supported by 551 investors with assets of 71 billion dollars, and it plays an important role in encouraging companies to measure and manage their carbon emissions directly and indirectly, and broader ecological footprint and the development of the commitment of supply chain to support development.  
 
Bank of America was one of the leading global financial institutions of greenhouse gases (GHG) emissions reduction targets in 2004 to make. In May 2011, the company announced a new goal that is achievable on the road to a comprehensive reduction of global greenhouse gas emissions by over 30 percent in 2015. This figure is achieved from the reduction 18 percent between 2004 and 2009, and the new goal of reducing emissions by 15 percent in 2015, based on a 2010 baseline. Bank of America CSR Report 2010 "contains detailed information about the company business' social responsibility activities, including data on their environmental activities.