Bank of America CorpBank of America Corp - ESG Rating & Company Profile powered by AI

Industry Group:Banks

Detailed ESG analysis of Bank of America Corp are reached by signing up for free. The SDG rating for Bank of America Corp represents the company's reporting of the UN Sustainable Development Goals. The webpage is a zero-cost Sustainability report covering Bank of America Corp.

Bank of America Corp in the Banks industry gained a UN SDG ESG Transparency Score of 8.8; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.

SDG Transparency Score for Bank of America Corp 
Low
0 - 3
Medium
4 - 6

8.8

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Bank of America Corp 
8.0

Environmental

8.0

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Landesbank Baden Wuerttemberg
9.5
High
1UniCredit Bank Austria AG
9.5
High
3Australia and New Zealand Banking Group Ltd
9.0
High
3Westpac Banking Corp
9.0
High
5Bank of America Corp
8.8
High
5Truist Financial Corp
8.8
High
5Sberbank Rossii PAO
8.8
High
.........
2219sakartvelos bank'i ss
0.0
Low
2219AlphaCredit Capital, S.A. de C.V.
0.0
Low
.........
View the full peer group of 2920 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

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Does Bank of America Corp disclose the pay ratio of women to men?

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Potential Risks for Bank of America Corp
These potential risks are based on the size, segment and geographies of the company.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.

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