Bank of America has always been the bank of opportunity for our shareholders, our clients and customers, our communities and our teammates. We strive to make Bank of America a great place to work for our employees by providing access to a broad range of opportunities to achieve their professional goals and by maintaining a culture of caring for them and their families.
We are a company of talented employees who represent a diverse range of experiences, skills, backgrounds and perspectives across many dimensions. We are deliberate about the many ways we seek to create an inclusive environment where everyone has the opportunity to achieve their career goals. This is core to our values, to our efforts to make Bank of America a great place to work and to delivering on Responsible Growth for our clients, customers and communities around the globe.
We are committed to equal pay for equal work and we maintain robust policies and practices that reinforce our commitment. This includes annual analysis with outside experts to examine individual employee pay for our global workforce, compensation adjustments where appropriate, and oversight from the Board and senior management.
BofA Securities Europe S.A. (“BofASE”) and Bank of America Europe Designated Activity Company, France branch (“BofA Europe, France Branch”) are required to annually calculate and publish a Gender Equality Index. The results are calculated in accordance with the requirements mandated under the “Avenir Professionnel” law of September 2018 and using the mandatory indicators, performance against each of which leads to the attainment of points, adding up to an overall score out of 100. Overall France scores have also been calculated as aggregating these entities is the most representative way to present our results.
The Gender Equality Index results for financial year 2024 are set out below. This year’s result for BofA Europe, France Branch is impacted by the relatively low headcount and organisational structure of the entity.