Bank of America Corp.
Industry Group: Banks
Country/Region: United States of America
Bank of America is one of the largest financial institutions in the United States, with more than $2.5 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 U.S.-focused.
ESG Risk Rating
Industry Group (1st = lowest risk)
Banks 598 out of 1000
Global Universe 9651 out of 15561
What are the ESG Risk Ratings?
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|Company||ESG Risk Rating||Industry Rank|
|Bank of America Corp.||
|598 out of 1000|
|JPMorgan Chase & Co.||
|681 out of 1000|
|Agricultural Bank of China Ltd.||
|699 out of 1000|
|Industrial & Commercial Bank of China Ltd.||
|757 out of 1000|
|Wells Fargo & Co.||
|962 out of 1000|
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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 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.
Bank of America Corp.'s Exposure is Medium
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.
Bank of America Corp.'s Management of ESG Material Risk is Strong
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.
Highest Controversy level that has impacted Bank of America Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level