Environmental, Social and Governance Reports

We demonstrate our commitment to transparency by disclosing our environmental, social and governance (ESG) impacts through a number of reporting frameworks.

We make these disclosures because we believe it is important that stakeholders — including our clients, teammates, communities and shareholders — understand how we manage ESG issues and have better insight into how we are living our values and delivering on our purpose to drive responsible growth.

In addition to the following reporting frameworks, we also disclose our ESG strategy, policies and practices in our 2021 Annual Report, which includes Stakeholder Capitalism Metrics developed by the International Business Council (IBC) of the World Economic Forum; our Sustainability Accounting Standards Board (SASD) and United Stations Global Compact (UNGC) reporting; Human Capital Management content; and in our 2022 Proxy Statement.

two people on a background of mountains

GRI Content Index

The 2020 Bank of America Environmental, Social and Governance reporting practices align with the GRI Standards framework set forth by the Global Reporting Initiative (GRI).

In addition, Bank of America also uses the Financial Sector Supplement to address topics specific to our sector. The PDF featured here outlines which disclosures are included in the report and where they are located.

The report follows GRI 101 Foundation (2016). This report has been prepared in accordance with the GRI Standards: Core option. For more detailed highlights, read our 2020 Annual Report and our 2020 Performance Data Summary.

United Nations Global Compact

Bank of America is one of more than 9,500 companies involved with the United Nations Global Compact. The company is a signatory member and has participated in global efforts to promote sustainable and responsible policies, practices and reports since 2016.

External Assurance

A world leader in testing, inspection and certification services, Bureau Veritas North America (BVNA) conducted an independent review to confirm the accuracy and reliability of environmental data and select labor information.

View the materiality disclosures.

In addition, Bureau Veritas evaluated other reported data (e.g., economic, social, human rights, society, product responsibility) against the principles of the GRI Reporting Framework as defined in the GRI Standards (see Bureau Veritas North America’s assurance and EMS assurance statements). Senior leaders across the company are involved in this assurance and review process.

Governance across our company

Building and maintaining trust for our clients, employees and shareholders is at the heart of governance at Bank of America. Delivering responsible growth requires an experienced, independent board of directors, skilled management, and clear and effective governance practices.

Learn about our key governance topics.