A few of the major banks including Bank of America and Wells Fargo have started a number of eco-friendly initiative. HSBC donated $100 million to four environmental companies: Climate Group, Earthwatch Institute, Smithsonian Tropical Research Institute and the World Wildlife Foundation. Wachovia has also recently announced that they will only be building “green” banks by setting higher efficiency and construction standards for their new branches. There is also New Resource bank which is explicitly dedicated to supporting environmental causes.
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