December 6, 2004—Bank of America will receive a Star of Energy Efficiency Award for its integrated and enterprise-wide commitment to energy conservation and efficiency from the Alliance to Save Energy, a nonprofit coalition of business, government, environmental, and consumer leaders who promote the efficient and clean use of energy worldwide.
The Star of Energy Efficiency Award pays tribute to companies and individuals who have significantly contributed to the cause of energy efficiency. It is in recognition of the bank’s unique approach to energy management that encompasses core business operations, associate awareness programs and public education campaigns.
With an annual goal to reduce energy consumption by three percent across its 87 million square foot global portfolio, Bank of America deploys a cross-functional National Energy team to continually implement energy efficiency initiatives and enhance its building operations. The company saves more than 100 million KWH of electric energy consumption annually and is reducing greenhouse gas emissions by 80,000 tons per year through improved facility management systems, energy efficient signage, innovative lighting solutions, HVAC upgrades, and investments in emerging energy technologies.
This commitment to reducing environmental impact is also illustrated by the construction of the new Bank of America Tower at One Bryant Park in Manhattan. Upon completion, it will be the first building to strive for the U.S. Green Building Council’s Leadership in Energy & Environmental Design (LEED) platinum designation. The project incorporates innovative, high- performance technologies to use dramatically less energy, consume less potable water and provide a healthy and productive indoor environment that prioritizes natural light and fresh air.
The programs of the Alliance to Save Energy are concentrated in the broad buildings, policy, international, and communications arenas and emphasize energy efficiency as the world’s most critical energy resource.
