Bank of America Corp 2022 AR2
The report outlines Bank of America's performance and progress in 2022 under its framework of Responsible Growth. The company achieved a net income of $27.5 billion and mobilized $410 billion in sustainable finance since 2021 as part of its $1.5 trillion 2030 target. It also increased its U.S. minimum hourly wage to $22, aiming for $25 by 2025, and committed $421 million to diverse-led venture capital funds. Additionally, the company reported progress on its goal to achieve net-zero greenhouse gas emissions before 2050.
Company: Bank of America Corp
Sector: Financials
Country: United States
Year: 2022
Type: AR2
Pages: 226
Back to company
Bank of America Corp
Annual Report
The report outlines Bank of America's performance and progress in 2022 under its framework of Responsible Growth. The company achieved a net income of $27.5 billion and mobilized $410 billion in sustainable finance since 2021 as part of its $1.5 trillion 2030 target. It also increased its U.S. minimum hourly wage to $22, aiming for $25 by 2025, and committed $421 million to diverse-led venture capital funds. Additionally, the company reported progress on its goal to achieve net-zero greenhouse gas emissions before 2050.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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