Bank of America
Sustainability Report and Carbon Intensity Rankings
Is Bank of America doing their part?
Their DitchCarbon score is 53
Bank of America has a DitchCarbon Score of 53 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, which measures the greenhouse gas emissions relative to its activity. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing its environmental impact.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Bank of America operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Bank of America operates in the United States, which has a low carbon intensity rating, indicating a cleaner energy mix. This favorable environmental context supports the bank’s sustainability efforts by reducing its carbon footprint.
Unlock 30+ emissions data points on Bank of America
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Bank of America
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
2.17%
...this company is doing 2.17% better in emissions than the industry average.
Bank of America, founded in 1998 and headquartered in Charlotte, operates in the finance sector as one of the world’s largest financial institutions. The company offers a comprehensive suite of services including banking, investing, asset management, and financial and risk management products. Catering to a diverse clientele, Bank of America is a prominent figure in wealth management and a global leader in corporate and investment banking and trading.
emission intelligence's platform recommendations for Bank of America
Bank of America should foster collaboration with its suppliers to evaluate and diminish their carbon emissions, thereby enhancing the sustainability of its procurement practices.
Bad news, Bank of America hasn't set SBTi commitments yet
Bank of America has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not publicly outlined or committed to precise targets for reducing its greenhouse gas emissions in line with climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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