To better connect to communities worldwide, in 2013 we set an enterprise goal to achieve “2 Million Connections for Better”, through volunteer efforts across the globe. This goal built on the 1.5 million volunteer hours employees recorded in 2012, and the enthusiasm and commitment of our employees helped us achieve a record 2 million volunteer hours in 2013.
“One of the things I’m most proud of is how our employees do so much to give back,” said CEO Brian Moynihan. “Volunteering is a great way to make a difference in our communities, and it also strengthens our team and connects us to each other.”
As part of our volunteer efforts, we focus on two forms of “strategic volunteering” to increase our impact:
- Skills-based volunteering, which leverages employees’ professional experience and personal abilities through opportunities like financial education and board service and
- “Hearts & Hands” volunteering, addressing needs such as hunger, building affordable housing, mentoring and help for veterans and military families.
In addition, we partnered with Wounded Warrior Project to provide financial education, advice, and guidance to service members and veterans transitioning back into the civilian workforce. Last year, there were five Warriors2Work financial coaching sessions—in NYC, Phoenix, Seattle, San Antonio, and Washington, D.C. These efforts supported our broader efforts to help members of our military transition back to civilian life.