Bank of America
Visit at https://www.bankofamerica.com
Bank of America
Bank of America is a leading financial institution providing a wide range of banking, investment management, and financial services to individuals, businesses, and governments. It aims to improve financial lives through responsible growth and community empowerment.
Positive signals
S&P Global provides an ESG Score for Bank of America, reflecting its performance and management of material ESG risks, opportunities, and impacts, positioning it among the leading US banks for ESG transparency and reporting.
Bank of America Corp. holds a 'Medium' ESG Risk Rating of 23.8 from Sustainalytics as of May 2025, ranking 390th out of 1,019 global banks, with a 'Strong' management score for addressing material ESG risks compared to industry peers.
Fitch Ratings affirmed Bank of America's long-term issuer default rating at 'AA-' in June 2025, noting that ESG factors have a moderate impact on the bank's credit profile, with the highest ESG relevance score being '3', indicating no material negative impact on creditworthiness.
Concerns
SEC decision on customer data policies
MEDIUM
Source →Historic settlement for financial fraud
HIGH
Source →In early 2025, Bank of America was among several major US companies reported by Sustainalytics to have rolled back diversity, equity, and inclusion (DEI) initiatives, raising concerns among investors about potential weakening of broader ESG commitments and societal impacts.
MEDIUM
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