Bank of America Corp 2016 Sustainability Report
Company: Bank of America Corp
Sector: Finance & insurance
Country: United States
Year: 2016
Type: Sustainability Report
The report describes Bank of America's 2016 ESG program as integrated across eight lines of business, with a $125 billion low-carbon and sustainable-business financing commitment through 2025 and $49 billion delivered over four years. It highlights the Global ESG Committee's oversight and regular reporting to the Board, the 2020 goals to become carbon neutral and purchase 100 percent renewable electricity, and a 12-to-16-week U.S. paid parental leave expansion. It also reports $11.3 billion in client assets with a clearly defined ESG approach and $2.6 billion in diverse procurement spending.
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