The report highlights Bank of America's progress on its environmental, social, and governance (ESG) goals in 2018. The company achieved its goal of providing $210 million in global philanthropic investments, including cash giving and in-kind donations. Bank of America also achieved its goal of extending nearly $960 billion in community development lending and investments in the U.S., including nearly $48 billion in 2018. The company made significant progress on its environmental sustainability goals, including reducing energy use by 40% since 2010 and reducing location-based GHG emissions by 52% since 2010. Bank of America also made progress on its social responsibility goals, including increasing the number of women business owners who received loans through the Tory Burch Foundation Capital Program and increasing the number of affordable housing units created through community development banking.
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Bank of America Corporation 2018 ESG Performance Data (summary)
Issuing Company Bank of America Corporation
Report Type Sustainability Report
Report Language EN
Report Filesize 0.3 MB
No. of Pages 17 pages
Reporting period2018
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB
Materiality Assessmenttrue