Bank of America Corp 2018 AR2
The report highlights Bank of America's record earnings of $28.1 billion in 2018, achieved through its framework of Responsible Growth. The company made significant progress in its Environmental Business Initiative, deploying $21.5 billion in 2018 toward a $125 billion goal by 2025. Sustainability efforts included mobilizing over $50 billion toward UN Sustainable Development Goals and issuing the first social bond by a U.S. bank. Additionally, the company focused on workforce investment by raising the minimum wage to $15 per hour and providing special compensation awards to 95 percent of its teammates.
Company: Bank of America Corp
Sector: Financials
Country: United States
Year: 2018
Type: AR2
Pages: 192
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Bank of America Corp
Annual Report
The report highlights Bank of America's record earnings of $28.1 billion in 2018, achieved through its framework of Responsible Growth. The company made significant progress in its Environmental Business Initiative, deploying $21.5 billion in 2018 toward a $125 billion goal by 2025. Sustainability efforts included mobilizing over $50 billion toward UN Sustainable Development Goals and issuing the first social bond by a U.S. bank. Additionally, the company focused on workforce investment by raising the minimum wage to $15 per hour and providing special compensation awards to 95 percent of its teammates.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 1, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees