CSR Minute: Bank of America Merrill Lynch + World Bank Offer Green Bonds to Investors; Fair Trade USA + Textile Exchange Partner for Bigger Business

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CSR Minute: Bank of America Merrill Lynch + World Bank Offer Green Bonds to Investors; Fair Trade USA + Textile Exchange Partner for Bigger Business

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The CSR Minute is your daily video digest of the most relevant Corporate Social Responsible 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.

Friday, June 24, 2011 - 12:40pm

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CONTENT: Press Release

The Bank of America Merrill Lynch and the World Bank have announced a plan to offer World Bank Green Bonds to Merrill Lynch Wealth Management investors. World Bank Green Bonds offer investors a chance to support environmental solutions through a high-grade, fixed income investment. Among the projects eligible for financing by Green Bonds are alternative energy installations, funding for new technologies to reduce greenhouse gas emissions, and reforestation. The bonds are backed by the triple-A credit rating of the World Bank, and provide returns comparable to other World Bank bonds.

Fair Trade USA and Textile Exchange have formed a strategic partnership to help brands with responsible sourcing of organic and fair trade cotton. The partnership will focus on market-linkage, joint conferences and tradeshows, and the development of educational materials. Fair Trade USA is a third-party certifier of Fair Trade products in the U.S., and Textile Exchange facilitates the global organic cotton and sustainable fiber supply chain.

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Video source: CSR Minute: Bank of America Merrill Lynch + World Bank Offer Green Bonds to Investors; Fair Trade USA + Textile Exchange Partner for Bigger Business

Keywords: 3bl Media | Business | CSR | Commentary | Corporate Social Responsibility | Sustainability | cause marketing | environment | news | philanthropy

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CONTENT: Press Release