Bloomberg Ranks Bank of America as Second "Greenest" Bank in the World; Green Living Business Forum Opens in Toronto - CSR Minute for April 11, 2012

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Bloomberg Ranks Bank of America as Second "Greenest" Bank in the World; Green Living Business Forum Opens in Toronto - CSR Minute for April 11, 2012

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The CSR Minute is your daily video digest of the most relevant Corporate Social Responsibility news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

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Wednesday, April 11, 2012 - 5:45pm

Bloomberg Markets Magazine has ranked Bank of America as the “second greenest” bank in the world. The ranking measures how much banks are investing and lending to support clean energy, and how they are managing their own power consumption and carbon footprints. B of A earned the number two spot by making a $344 million loan guarantee to SolarCity Corp. to provide solar panels on 160,000 military-based homes and a $1.4 billion loan to Prologis Inc. for solar systems on warehouse roofs. The bank also gives $3,000 to any employee who buys a hybrid vehicle.

The Green Living Business Forum opens this weekend in Toronto. Billed as Canada’s largest eco-trade show, the event includes over 400 exhibitors and is open to the public. Attendees can also tour the new Green Innovations and Inventions Exhibit, which displays the most promising technological advancements in one interactive display. Advances in solar, wind, energy storage, and energy efficiency technologies will be featured, all of them developed in Ontario.

For more information on these and other stories, go to thecsrminute.com

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