Bank of America Corp 2021 AR2
The report highlights Bank of America's performance and progress in delivering Responsible Growth in 2021. The company achieved record net income of $32.0 billion and returned nearly $32 billion in capital to shareholders through dividends and share repurchases. In sustainability, the company committed to deploying $1.5 trillion in sustainable finance by 2030, including $1 trillion for environmental transition, and mobilized approximately $250 billion in 2021. Additionally, Bank of America made significant progress on its $1.25 billion commitment to racial equality and economic opportunity, and raised its U.S. minimum hourly wage to $21 on its path to $25 by 2025.
Company: Bank of America Corp
Sector: Financials
Country: United States
Year: 2021
Type: AR2
Pages: 221
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Bank of America Corp
Annual Report
The report highlights Bank of America's performance and progress in delivering Responsible Growth in 2021. The company achieved record net income of $32.0 billion and returned nearly $32 billion in capital to shareholders through dividends and share repurchases. In sustainability, the company committed to deploying $1.5 trillion in sustainable finance by 2030, including $1 trillion for environmental transition, and mobilized approximately $250 billion in 2021. Additionally, Bank of America made significant progress on its $1.25 billion commitment to racial equality and economic opportunity, and raised its U.S. minimum hourly wage to $21 on its path to $25 by 2025.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees