Bank of America Corp.
Industry Group: Banks
Country/Region: United States of America
Identifier: NYS:BAC
Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 420 out of 1022
Universe
Global Universe 7167 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Bank of America Corp. |
24.4
Medium
|
420 out of 1022 |
| JPMorgan Chase & Co. |
27.5
Medium
|
593 out of 1022 |
| Industrial & Commercial Bank of China Ltd. |
30.8
High
|
843 out of 1022 |
| Agricultural Bank of China Ltd. |
32.9
High
|
930 out of 1022 |
| Wells Fargo & Co. |
34.4
High
|
963 out of 1022 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Bank of America Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Bank of America Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
