EPA Awards BankAmerica Green Lights Partner of the Year.WASHINGTON--(BUSINESS WIRE)--March 21, 1997--Reducing carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. emissions into the atmosphere by 19 million pounds and saving 35.5 million kilowatt hours of electricity have earned BankAmerica the 1997 Green Lights Partner of the Year Award from the U.S. Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and . BankAmerica's retired CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman, Richard M. Rosenberg, will accept the award on Monday, March 24, at the EPA's Atmospheric Pollution Prevention Division's Annual Forum, in Washington, DC. The award, in the Large Corporate category, recognizes pollution prevention through the voluntary installation of energy efficient lighting. The following day, Rosenberg will give the keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. titled, The Role of Financial Institutions in Achieving Economic Growth and Environmental Protection. "We're honored to be recognized by the EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. with this distinguished award," said Christine Garvey, group executive vice president of the bank's Corporate Real Estate division. "We believe pollution prevention goes hand-in-hand with profitability. The Green Lights Program demonstrates what is good for the environment is also good for the bottom line." Total cost savings, associated with the Green Lights Program, to the bank were more than $4 million. Since joining the Green Lights Program in 1991, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. surveyed nearly 25 million square feet in its U.S. real estate portfolio. Lighting upgrades were performed in nearly 16 million square feet of its retail branches, administrative office buildings and data centers. "BankAmerica has a proven track record in Green Lights," noted Maria Tickoff, director of EPA's Green Lights Program. "As a dedicated partner, BankAmerica has helped to increase the visibility of our programs and the numerous benefits -- such as improved profitability, lighting quality and building efficiency - that can be gained through such pollution prevention efforts," she added. EPA Green Lights Program is just one of the many environmental initiatives at BankAmerica. Recently, the corporation signed the CERES Ceres, in astronomy Ceres (sîr`ēz), in astronomy, a dwarf planet, the first asteroid to be discovered. It was found on Jan. 1, 1801, by G. Piazzi. Principals, a corporate code of conduct for environmental responsibility. BankAmerica is the third largest financial institution in the U.S. It provides diverse financial products and services to individuals, businesses, government agencies, and financial institutions around the world. The corporation's environmental program is dedicated to demonstrating the fundamental link between a strong economy and a healthy environment. Green Lights, one of the Energy Star Programs, is a voluntary partnership between EPA and U.S. private and public organizations, designed to decrease atmospheric pollution through energy efficiency. Green Lights Partners sign a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. (MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. ) agreeing to upgrade their lighting systems within five years where it is profitable. Initiated in 1991, Green Lights currently has more than 2,300 participants nationwide. CONTACT: BankAmerica Janet Papalia, 415/622-9322 janet.papalia@bankamerica.com |
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