Bank of America Corp 2016 SR
The report highlights Bank of America's ESG progress in 2016, focusing on its $125 billion environmental business commitment and its leadership in the green bond market. The company integrated ESG into its eight lines of business, directing $15.9 billion toward clean energy and sustainable activities during the year. Social initiatives included increasing the minimum wage to $15 per hour and expanding paid parental leave to 16 weeks. The report also details the bank's community development efforts, providing nearly $4 billion in loans and investments for affordable housing.
Company: Bank of America Corp
Sector: Financials
Country: United States
Year: 2016
Type: SR
Pages: 20
Bank of America Corp
The report highlights Bank of America's ESG progress in 2016, focusing on its $125 billion environmental business commitment and its leadership in the green bond market. The company integrated ESG into its eight lines of business, directing $15.9 billion toward clean energy and sustainable activities during the year. Social initiatives included increasing the minimum wage to $15 per hour and expanding paid parental leave to 16 weeks. The report also details the bank's community development efforts, providing nearly $4 billion in loans and investments for affordable housing.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees