ICF International to Provide Services in Support of Merrill Lynch Green and Gold Climate Change Initiative
ICF to Assess Carbon Impacts, Recommend Solutions
Fairfax, Virginia, April 22, 2008 -
Merrill Lynch has announced the Merrill Lynch Green & GoldSM, an innovative full-service climate change solution initiative. With the focus on sustainability, the initiative is being offered to companies throughout the Americas, Asia, and Europe to help identify voluntary carbon strategies to reduce emissions through high quality offsets while lowering operating costs through energy efficient measures.
ICF International is providing a suite of services in support of the initiative, including assessing carbon footprints and recommending energy efficiency and other measures companies can take to reduce or offset their climate impact. ICF will continue to provide a similar suite of services to its clients in financial services, utilities, airlines, technology, and other industries.
“Working with companies such as Merrill Lynch to identify and implement climate change solutions for its clients is a hallmark of ICF’s approach to a responsible climate strategy, and we are very pleased to provide support,” said ICF Chairman and CEO Sudhakar Kesavan. “As seen from the Green & Gold initiative, the financial community has been very keen on demonstrable environmental stewardship, resulting in a growing movement within the industry. ICF looks forward to working with these and other companies worldwide to bring about significant reductions in carbon emissions.”
Under the Green & Gold initiative, primarily targeted to companies not affected by emission regulations, ICF will work with companies to develop their climate strategies, including assessing carbon footprints, making recommendations to reduce emissions, and identifying opportunities to benefit financially from actions to address climate change.
About ICF International
ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.
About Merrill Lynch
Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies with offices in 40 countries and territories and total client assets of approximately $1.6 trillion. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide. Merrill Lynch owns approximately half of BlackRock, one of the world’s largest publicly traded investment management companies with more than $1 trillion in assets under management. For more information on Merrill Lynch, please visit www.ml.com
Caution Concerning Forward-looking Statements
This document may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995—that is, statements related to future—not past—events, plans, and prospects. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “guidance,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would,” or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information, and are subject to factors that could cause actual results to differ materially from those anticipated. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include but are not limited to: risks related to the government contracting industry, including the timely approval of government budgets, changes in client spending priorities, and the results of government audits and investigations; risks related to our business, including our dependence on contracts with U.S. Federal Government agencies and departments and the State of Louisiana; continued good relations with these and other customers; success in competitive bidding on recompete and new contracts; performance by ICF and its subcontractors under our contract with the State of Louisiana, Office of Community Development, including but not limited to the risks of failure to achieve certain levels of program activities, the effects of acceleration of the Program, termination, or material modification of the contract, and political uncertainties relating to The Road Home program; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; the future of the energy sector of the global economy; our ability to attract and retain management and staff; strategic actions, including attempts to expand our service offerings and client base, the ability to make acquisitions, and the performance and future integration of acquired businesses; risks associated with operations outside the United States, including but not limited to international, regional, and national economic conditions, including the effects of terrorist activities, war, and currency fluctuations; and other risks and uncertainties disclosed in the Company’s filings with the Securities and Exchange Commission. These uncertainties may cause ICF’s actual future results to be materially different than those expressed in the Company’s forward-looking statements. ICF does not undertake to update its forward-looking statements.