Bank of America Picks DC Area For Nation's First Sun Powered ATM

WOODBRIDGE, Va. (October 7, 2020) – In September, the nation’s first automated teller machine (ATM) to be powered by solar energy was installed at 14527 Jefferson Davis Highway in Woodbridge. It is the first of three installations Bank of America is planning to bring online in 2020, with the larger goal of incorporating solar power into design standards for all new remote ATMs.

The ATM upgrade is part of the Onsite Solar Initiative, through which Bank of America will install more than 60 solar panel installations across its entire operations, including financial centers, ATMs, office locations and other operational buildings. Nationwide, solar installations are already operational in a growing number of Bank of America financial centers and office locations.

"This solar powered ATM in Woodbridge is an exciting milestone for the D.C. market and one more tangible representation of our commitment to environmental sustainability," said Larry Di Rita, Greater Washington, D.C. market president for Bank of America. "Making progress toward carbon neutrality and 100% renewable energy substantially contributes to our goal of reduced emissions."

As solar installations continue at Bank of America facilities across the nation, the Onsite Solar Initiative is expected to generate more than 25 megawatts of renewable electricity to directly power the bank’s operations.

These actions, along with others, move Bank of America closer to our broader environmental operations commitment. We achieved carbon neutrality a year ahead of schedule, and we are reducing water usage, waste to landfill and bringing more electric vehicle charging stations to financial center and work facilities. In addition, Bank of America financial centers, ATMs, office locations and other operational buildings will benefit from a reduction in energy costs and greenhouse gas emissions thanks to the power of the sun.

For details, read our Environmental and Social Risk Policy Framework, newly released Task Force on Climate-related Financial Disclosures Report, and ESG Data Performance Summary, which aligns to G4 guidelines under the Global Reporting Initiative standards.

The new solar panels atop the Bank of America ATM in Woodbridge, Virginia.

About Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).

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Reporters May Contact:
Andy Aldridge, Bank of America
980.387.0514
[email protected]