Bank of America Corp 2023 AR2
The report highlights Bank of America's performance and commitment to Responsible Growth in 2023, delivering $26.5 billion in net income. The company made significant progress toward its $1.5 trillion sustainable finance goal by 2030, mobilizing $560 billion since 2021, with $316 billion focused on the low-carbon transition. In human capital management, Bank of America raised its U.S. minimum hourly wage to $23 and achieved an 87% employee engagement score. Additionally, the company published its fourth consecutive Stakeholder Capitalism Metrics, aligning its disclosures with global standards.
Company: Bank of America Corp
Sector: Financials
Country: United States
Year: 2023
Type: AR2
Pages: 236
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Bank of America Corp
Annual Report
The report highlights Bank of America's performance and commitment to Responsible Growth in 2023, delivering $26.5 billion in net income. The company made significant progress toward its $1.5 trillion sustainable finance goal by 2030, mobilizing $560 billion since 2021, with $316 billion focused on the low-carbon transition. In human capital management, Bank of America raised its U.S. minimum hourly wage to $23 and achieved an 87% employee engagement score. Additionally, the company published its fourth consecutive Stakeholder Capitalism Metrics, aligning its disclosures with global standards.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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