Bank of America has committed $20 billion over the next ten years to make their operation sustainable. The most recent move in that direction is the bank's strategic investment in Field Diagnostic Services, Inc. (FDSI). Bank of America will be using FDSI's energy management system in thousands of its banking centers across the U.S. to cut the company's energy costs, as well as reduce greenhouse gas emissions.

Richard Cohen, who heads Bank of America's Strategic Investments Group's environmental investments initiative, commented in a press release: "Bank of America is actively making strategic investments that reduce greenhouse gas emissions while helping spark the new environmentally sustainable economy, and our partnership with FDSI is an excellent example of this strategy. Our collaboration with the Bank's Corporate Workplace group to make the investment in FDSI takes this new energy-saving technology out of the laboratory and to a level that can truly impact the environment as well as our bottom line."

FDSI provides a number of enterprise-level energy efficiency tools, including advanced software, project management services and diagnostic tools. In addition to helping their customers become more sustainable, FDSI has a reputation for reducing energy and operational costs. The company is based in Pennsylvania and has fourteen years of experience in energy efficiency technology.

Image — Bank of America