Corporate Social Responsibility

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Community Engagement

Bank of America Merrill Lynch has made a 10-year $2 billion pledge to support charities around the world. Each year the Bank of America Charitable Foundation provides hundreds of grants to causes that deliver education and community development programmes. We partner with organisations that address critical issues, including education and employability, cultural un-derstanding and environmental sustainability. There are numerous ways in which our employees can volunteer their time and share their skills.

In London, our flagship initiative is the Financial Education and Employability (FEE) was launched in 2005 in collaboration with Tower Hamlets Education Business Partnership. The programme reaches over 550 Tower Hamlets school children each year, and is designed to improve their knowledge, skills and attitudes to help them prepare for the workplace. Over the past eight years, FEE has grown into the largest enterprise education programme of its type in the UK, winning 10 major education and community awards.

Arts & Culture

We are one of the world’s biggest corporate supporters of the arts – working with thousands of organisations globally through our sponsorship, education and community art programmes. We know that mutual respect and understanding of different cultures is essential for building strong economic communities. And we know that art has the unique ability to share, to educate and to connect people both locally and globally. Our support is broad and encompasses: sponsorships, loans to museums from the company’s own art collection and grants to not-for-profit intuitions, and our Art Conservation Project for the restoration of paintings, sculptures, archaeological or architectural pieces that are significant to the cultural heritage of a country or region or important to the history of art.

“What Bank of America Merrill Lynch is doing is corporate responsibility at its best.”

— Sandy Nairne, National Portrait Gallery director (commenting on the 2013 Art Conservation Project)

Environment

Our Environment platform is a key component of the company’s integrated corporate responsibility strategy. We bring together our capital, capabilities and employees to help finance a new, low-carbon economy, reduce our environmental footprint and promote environmentally sustainable solutions around the world. Our funding supports energy-efficient programmes as part of our 10-year, US$50 billion global environmental business initiative. We also believe we have an important leadership role to play in helping clients, employees and the communities in which we operate navigate this important transition.

Employees can get involved in ‘green’ issues through the My Environment programme which highlights ways to take action and raise awareness across a variety of activities. You can become an ambassador or a friend of My Environment and participate in or help arrange a host of events. These range from E-Waste amnesties, to binless office campaigns, print reduction programmes, wasteless lunches and energy saving audits.

“I challenge everyone to make one simple change to support the environment, and to encourage at least three of their colleagues to do the same. The positive impact we can achieve together will truly make a difference for us today and for future generations.”

— Mohit Sarvaiya, head of Technology Infrastructure for Europe and Emerging Markets (ex-Asia)