Bank of America Tower

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Warren Wilson College Mountain Green Bank of
America Sustainability A Banks Perspective
Bank of America Tower One Bryant Park
Bank of America
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Environmental Commitment
Bank of America believes that environmental
sustainability is an integral component of doing
business in todays world. The health of the
environment not only directly affects the quality
of our lives is also serves as the foundation
for the sustainable economy on which our business
and communities depend
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Environmental Commitment

• Bank of America is committed to continue our two
  decade long environmental leadership role in
  helping to make economic development and
  environmental sustainability compatible. To
  support and direct that commitment the Bank
  formed the Environmental Council which has
  over-site for all areas of the bank. Each line
  of business has a representative on the council.
• There are five categories of activity that
  encompass the commitment
• Internal Operations and Facilities
• Supply Chain and Procurement Policies
• Products and Services for our Customer
• Associates
• Lending and Investments Practices

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Internal Operations and Facilities

• All operating divisions including workplace,
  travel, technology services, etc, must factor
  the environmental impact of decisions.
• Goals to significantly reduce consumption of
  energy, water, and consumables.
• Recycling programs as an example, Bank of
  America annually recycles nearly 40,000 tons of
  paper, effectively recycling more paper than it
  uses for internal operations
• Environmental awareness in site selection,
  design and landscaping
• Aggressive voluntary goals to reduce greenhouse
  gas emissions by 9 by 2009

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Supply Chain Management and Procurement

• Demand Management as an example, active
  program to reduce paper usage through-out
  company operations from 2000 2006, the company
  reduced paper usage per associate by 40
• Industry leading forest paper procurement
  policy
• Environmental language in all supplier
  contracts requiring compliance with our
  environmental standards
• Requirement to use recycled paper where
  technologically and economically feasible.
• Life cycle management for hardware to assure
  appropriate recycling following equipments end
  of life.

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Products and Services

• Online banking clients provided the option of
  electronic statements in place of paper for
  clients opting to suppress paper statements, the
  bank donates 1 to the Nature Conservancy
  reforestation program, up to a total donation of
  500,000.
• On line bill payments and on line statements
  eliminate the need for paper and reduces
  transportation impacts
• Image ATMs provide paperless deposits
• Reduced Paper Mortgage Program
• Green credit cards

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Our Associates

• Expansion of our 3,000 hybrid vehicle
  reimbursement program to more than 185,000 U.S.
  based Bank of America associates
• Environmental Networks to facilitate Think
  Globally Act Locally initiatives in the
  workplace and the community.
• My Workplace and satellite facility initiatives
  to reduce associate commuter impacts

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Lending and Investment Practices Prior to March
2007

• Internal Guidelines incorporate World Bank
  guidelines influencing credit and investment
  practices domestically and internationally.
• Adopted Equator Principles which provides a
  framework for financing projects that promote
  sound environmental practices and addresses
  social policy issues.
• Report on environmental issues annually through
  the Global Reporting Initiative.
• Implemented comprehensive policies covering
  forestry and biodiversity issues that prohibit
  financing of projects that destroy primary
  tropical rainforests, destroy certain endangered
  forests and involve illegal logging
• Work with energy and utility customers to
  reduce greenhouse gas emissions in their
  operation with a voluntary goal to reduce
  greenhouse gas emissions in our energy and
  utility portfolio by 7 by 2008.

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20 Billion Environmental Initiative
In March of this year, Bank of America CEO Ken
Lewis announced a 20 Billion, 10-year
initiative encouraging the development of
environmentally sustainable business practices
through lending, investing, philanthropy and
creation of new products and services. We have
the opportunity to do more than address our own
internal business practices. As one of the
worlds leading financial institutions, we can
and will work directly with individuals and
business customers to address the pressing issue
of global climate change.

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18 Billion in Lending, Advise and Market
creation

• Environmental Lending Consideration provide
  favorable consideration, among other existing
  underwriting criteria, to lending opportunities
  with clients that are creating and implementing
  environmentally sustainable products, services
  and technologies.
• Corporate and Investment Banking - Focus on
  financing and advisory services to clients
  participating in emissions offsets markets,
  developing energy efficient or low carbon
  technologies and helping private/public sector
  entities adopt green and low emissions
  technology
• Carbon Emissions Trading - The bank will
  launch the capability to trade carbon emissions
  credits to enable clients to achieve carbon
  emission neutrality through existing and
  emerging market mechanisms

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Commercial Real Estate Commitment

• Areas of focus will include financing real
  estate projects with LEED certification,
  improvements in energy efficiency, brown field
  redevelopment, promotion of smart growth and the
  use of energy-related tax credits.
• Raise Visibility of Sustainable and Green
  Building
• Create Dialog with Clients to encourage Green
  Solutions
• Deliver Custom Solutions to Clients
• Review Policies and Procedures
• Explore External Partnerships
• Develop Best Practices to Execute Across our
  Franchise

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Commercial Real Estate -Evolving Criteria

• Transit-Oriented and Infill Development (Smart
  Growth) -Protection of open space and
  ecologically valuable lands
• Brownfield Redevelopment (Environmental
  Cleanup)
• Preservation and Historic Rehabilitation
  (Recycling, Repurpose, Reuse)
• Energy Efficient Environmentally-Friendly
  Buildings (Green Construction)

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Individual Customers

• Eco Friendly Credit Card for every dollar
  spent on this new card Bank of America will
  make a contribution to an environmental
  organization to invest in greenhouse gas
  reduction projects. These cards, available later
  this year, will have environmentally friendly
  incentive and features.
• World Points Reward for the environment
  existing cardholders may donate their World
  Points reward to organizations that invest in
  greenhouse gas reductions or redeem them for
  environmentally friendly merchandise
• Green Mortgage Program homebuyers will
  receive a reduced interest rate or 1000 back
  for each home purchase mortgage meeting ENERGY
  STAR specifications
• Environmental Home Equity Program for
  customers who use their home equity line the
  bank will make an annual donation to a no profit
  that focuses of environmental conservation

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Individual Customers and Small Business

• Timberland Investment Solutions The bank is
  evaluating proprietary investment management
  solutions that incorporate forest conservation
  principals consistence with those defined by the
  Forest Stewardship Council.
• EPA Smart Way Transport Program under a
  partnership between the Environmental Protection
  Agency and the freight industry, the bank
  provides Small Business Administration SBA
  Express loans with no collateral and flexible
  terms to small and midsized trucking companies
  to finance fuel efficient technologies.

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Investments by Bank of America

• Committing 1.4 Billion to achieve LEED
  certification in all new construction of office
  facilities and banking centers.
• Donating 50 Million from the Bank of America
  Charitable Foundation to support non-profit
  organizations focused on forest preservation,
  innovative energy conservation, developimg green
  affordable housing and other environmentally
  progressive activitie
• Investing 100 Million in energy conservation
  measures for use in all company facilities.

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Bank of America Tower - One Bryant Park
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Environmental Goals

• Worlds most environmentally responsible
  high-rise office building, focusing on
  sustainable sites, energy and the atmosphere,
  water efficiency, and indoor environmental
  quality
• First high-rise to strive for U.S. Green Building
  Councils Leadership in Energy Environmental
  Design Platinum designation
• Reduce energy consumption by a minimum of 50
• Reduce potable water consumption by 50
• Reduce storm water contribution by 95
• Obtain 50 of building material within 500 miles
  of site

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LEEDing the Way

• Energy and Atmosphere
• 5.1 megawatt co-generation plant provides
• 67 of the buildings total power consumption
• 100 domestic hot water
• Water Efficiency
• Gray-water system harvests rain
• Innovative geothermal technology uses captured
  groundwater
• Water-saving lavatories decrease use of precious
  resources

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LEEDing the Way

• Materials and Resources
• Over 35 of the building will be constructed in
  recycled materials
• 75 of demolition and construction debris
  recycled
• Buildings concrete structure uses 45 blast
  furnace slag
• Sustainable Sites
• Site selection and transportation considerations
• Erosion and sedimentation control
• Green roofs reduce urban heat island effect

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Enhanced Associate Experience

• Higher ceilings and translucent insulating glass
  in floor-to-ceiling windows permit maximum
  daylight in interior spaces, optimal views and
  energy efficiency
• Under-floor displacement air ventilation system
  and floor-by-floor air handling units allow for
  individual floor control and more even,
  efficient, and healthy heating and cooling
• Carbon dioxide monitors automatically adjust the
  amount of fresh air when necessary
• Air Filtration 95 of particulates removed as
  air enters the building

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Bank of America Tower Charlotte, NC

• On October 9, 2006, bank of America announced
  plans for a construction of a 750,000 square foot
  , 32 floor office tower across from its corporate
  headquarters in Charlotte,
• Creation of one of the most environmentally
  responsible office towers in the southeast, with
  plans to achieve Leadership in Energy and
  Environmental Design gold certification

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The Octagon - New York City, NY
Located on the northern end of Roosevelt Island
between Manhattan and Queens, this project
entails the rehabilitation of Metropolitan
Hospital's Octagon Building and site. The Octagon
was listed in the National Register in 1972 and
subsequently designated a New York Landmark. The
Octagon Building is famous not only for its
architectural features but also as an early
example of institutional psychiatric care in the
United States.

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Redevelopment plans include repair of the
remaining structure and construction of two new
residential wings containing 500 apartments.
Impact The project will utilize state-of-the-art
Green Building technology such as high-efficiency
boilers, heat pumps, solar panels and windows.
The project design was cited in the Citys Green
Building Design Competition, sponsored by the
City Department of Environmental Protection and
the federal EPA, for its leadership in applying
sustainable design principles to residential
development.

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Parkside Development
Park side Development Park side
Development Washington, DC Master planned,
mixed-use redevelopment on vacant infill site in
NE Washington, DC Major transit-oriented
development site at DC Metro station. Adding
pedestrian bridge for metro Project includes over
1,000 new housing units office, retail, and park
areas Connection point to Anacostia Waterfront
one of first projects supporting Anacostia
waterfront initiative Project has been awarded
several green building grants and site and
vertical elements incorporate green building
standards Accepted in USGBC LEED-ND Pilot Program

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Berkeley Place Apartments Santa Monica, CA

Rents will be restricted to 30, 40, and 60
percent of AMI providing a discount to market
rents of between 55 and 80 percent. A service
coordinator will be available to residents
providing links to services including childcare,
job training centers, continuing education, money
management, and after-school programs. Both
tenants and the community will benefit from
increased energy efficiency and environmentally
safe materials. Construction began in February
2006 and is expected to be complete by July 2007.
Berkeley Place
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At Bank of America, our environmental policies
are shaped by our conviction that the health of
our company is dependent on the health of
communities and our society. Understanding that
every part of our business has potential impact
on our environment, we commit to integrating
environmental policy into our companys
operation.
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