Since the 2008 market meltdown, banks and financial services firms have re-set their practices and missions for better performance. That includes integrating environmental, social, and governance issues into their overall business strategy. Ceres, the organization that advocates for sustainability leadership, has signed up several leading banks and financial services firms to its company network, including Bank of America, Citi, State Street, Legg Mason, JP Morgan Chase, Prudential Financial and Wells Fargo.
Bank to deepen commitment to sustainability integration, performance and disclosure
BOSTON, February 27, 2014 /3BL Media/ – Ceres announced today that its board of directors has approved Morgan Stanley, a leading global financial services firm, as the newest member of the Ceres company network. Companies that join the Ceres network strive to integrate environmental and social performance into their business strategies and initiatives and to continuously improve performance.
Elizabeth Street Capital Initiative Launches With Initial $10 Million Investment to Grow Women-owned Small Businesses and Create Communities of Entrepreneurs Across the Country
Feb. 6, 2014 /3BL Media/ - The Tory Burch Foundation (TBF) and Bank of America today announced the launch of Elizabeth Street Capital, an initiative designed to provide early-stage women entrepreneurs in the United States with access to low-cost capital, mentoring support and networking opportunities to grow their businesses, creating communities of women entrepreneurs.
Sixty volunteers from 36 major companies will help at-risk Charlotte residents with workforce readiness
CHARLOTTE, N.C., February 6, 2014 /3BL Media/ – Today, Bank of America, Points of Light Corporate Service Council (CSC) and Hands On Charlotte will host a local service project that will kick-off a two-day Points of Light CSC Meeting. The meeting, hosted by Bank of America, will gather more than 100 corporate social responsibility professionals from over 60 of the world’s largest and most successful companies to highlight local successes and discuss best practices in corporate volunteerism.
New Social Impact Partnership Gives Qualified Private and Institutional Investors the Opportunity to Fund Social Change
December 30, 2013 /3BL Media/ - Bank of America Merrill Lynch today announced a social impact partnership with New York State and Social Finance Inc. that resulted in a successful capital raise of $13.5 million to fund a new pay-for-success program. The offering proceeds provided by private and institutional investors will be used to fund a 5 ½-year program focused on comprehensive reentry employment services to 2,000 formerly incarcerated individuals in New York City and Rochester, N.Y.
Bank of America’s Global Corporate Social Responsibility Executive and Consumer Policy Executive Andrew Plepler discusses the bank’s perspective on corporate social responsibility and how it is a key part of their efforts to rebuild trust and deliver on their purpose.
Bank of America volunteers beautify Volunteers of America facility in the Bronx
NEW YORK, N.Y., November 14, 2013 /3BL Media/ – Thanks to generous financial support from Bank of America and in partnership with CBS EcoMedia, critical repairs and upgrades to important capital features will be made at two facilities operated by Volunteers of America-Greater New York, one in the Bronx and the other in Harlem, that provide permanent supportive housing for formerly homeless male and female veterans. These two facilities house 323 veterans in single-room apartments.
Partnership with Bank of America funds consolidated program space, vital renovations for the New England Center for Homeless Veterans
BOSTON, November 11, 2013 /3BL Media/ – In honor of Veterans Day, volunteers today served those who served their country by working on several crucial projects to better the lives of individuals receiving services and living at the New England Center for Homeless Veterans (NECHV). Joining the volunteers was three-time Super Bowl Champion and New England Patriots alumnus Patrick Pass.
Bank of America employees volunteer to serve & celebrate launch of new healthcare clinic at Hawley Veterans Services Center
SAN DIEGO, CA, November 7, 2013 /3BL Media/ – Today, an army of 30 volunteers from Bank of America will converge on the Hawley Veterans Services Center to give back to those who served our country. The volunteers will complete a landscape beautification project which will serve as the launch to a new partnership with Volunteers of America, Southwest, Bank of America and CBS EcoMedia which will enhance the health and wellbeing of homeless veterans with disabilities.
2012 Bank of America Chicago Marathon Grew More Than 11 Percent, Providing the Equivalent of 1,685 Jobs
September 6, 2013 /3BL Media/ - The Bank of America Chicago Marathon contributes an estimated $243.46 million in total business activity to the Chicago economy, according to a new economic impact report. The independent study was conducted by University of Illinois at Urbana-Champaign’s Regional Economics Applications Laboratory and announced today by Bank of America. Figures indicate an 11 percent growth over the 2011 Bank of America Chicago Marathon’s economic impact of $219.7 million.