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Public Profile
Financial Intermediation
IE
updated 8 months ago

Bank of America Europe DAC

Company website

Bank of America Europe DAC, a subsidiary of the renowned Bank of America Corporation, is headquartered in Ireland (IE) and operates extensively across Europe. Established to provide a range of financial services, this institution plays a pivotal role in the banking industry, focusing on corporate and investment banking, wealth management, and treasury services. Founded in the early 2000s, Bank of America Europe DAC has achieved significant milestones, including expanding its operational footprint in key European markets. The bank is distinguished by its innovative financial solutions, tailored to meet the diverse needs of its clients, from multinational corporations to individual investors. With a strong market position, Bank of America Europe DAC is recognised for its commitment to excellence and customer service, making it a trusted partner in the financial landscape. Its core offerings, including risk management and capital raising, set it apart in a competitive industry.

DitchCarbon Score

How does Bank of America Europe DAC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

38

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

30

Industry Benchmark

Bank of America Europe DAC's score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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Bank of America Europe DAC's reported carbon emissions

Inherited from Bank of America Corporation

Bank of America Europe DAC, headquartered in Ireland (IE), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Bank of America Corporation, which may influence its climate commitments and performance metrics. As of now, there are no documented reduction targets or climate pledges specific to Bank of America Europe DAC. The lack of emissions data suggests that the company may be in the early stages of establishing its own climate strategy or reporting framework. Given its affiliation with Bank of America Corporation, it is important to note that any climate initiatives or targets may be cascaded from the parent company. However, specific details regarding these initiatives or targets have not been provided. In summary, while Bank of America Europe DAC is part of a larger corporate family with potential climate commitments, it currently lacks specific emissions data and reduction targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201020192020202120222023
Scope 1
106,870,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
1,644,068,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
Scope 3
1,450,834,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank of America Europe DAC's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank of America Europe DAC is in IE, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Bank of America Europe DAC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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