Bank of America Corp 2020 SR
The report summarizes Bank of America's ESG performance for 2020, highlighting its commitment to net-zero greenhouse gas emissions by 2050 and a $1 billion commitment to racial equality. It details progress across environmental goals, including achieving carbon neutrality for Scope 1 and 2 emissions and purchasing 100% renewable electricity. The document also outlines social initiatives such as diverse hiring practices and community investments, alongside governance metrics aligned with the World Economic Forum's stakeholder capitalism metrics. Additionally, the company reported under TCFD and SASB frameworks for the first time.
Company: Bank of America Corp
Sector: Financials
Country: United States
Year: 2020
Type: SR
Pages: 21
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Bank of America Corp
Performance Data Summary
The report summarizes Bank of America's ESG performance for 2020, highlighting its commitment to net-zero greenhouse gas emissions by 2050 and a $1 billion commitment to racial equality. It details progress across environmental goals, including achieving carbon neutrality for Scope 1 and 2 emissions and purchasing 100% renewable electricity. The document also outlines social initiatives such as diverse hiring practices and community investments, alongside governance metrics aligned with the World Economic Forum's stakeholder capitalism metrics. Additionally, the company reported under TCFD and SASB frameworks for the first time.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees