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Environment, Social and Governance
At Bank of America Merrill Lynch we are guided by a common purpose to help make financial lives better. We deliver on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our business and reflects how we deploy capital to drive economic and environmental progress in our communities; how we build trust and credibility; and how we create a company that people want to work at, invest in and do business with. Through our diversity we offer our clients different perspectives that serve their unique needs. Our inclusive workplace allows employees to be themselves, achieve personal success and contribute to the responsible growth of our company.
Connect with us on Twitter @BofA_Careers and learn more in our 2016 ESG Executive Summary and ESG Performance Data Summary.
Driving Economic and Social Progress
We recognise that while conditions have improved over recent years, many disadvantaged young people still face barriers to economic success. Too many are living on the margins without meaningful and secure employment, unable to create a better life for themselves or contribute to their communities and the wider economy. That is why we focus on building pathways to economic mobility by supporting initiatives that help young people transition from education into employment. Combining our financial and human capital, we are helping provide the skills, knowledge and tools that will help young people succeed.
Our programme of arts support reflects our belief that the arts matter. They help economies to thrive, individuals to connect with each and other across cultures, and they educate and enrich societies. Around the world, we support not-for-profit arts institutions that deliver both visual and performing arts, provide inspiration, anchor communities, create jobs, complement school curricula and generate substantial revenue for local businesses. On a global scale, the arts speak to us in a universal language that provides pathways to greater cultural understanding. To learn more about our programmes, visit bankofamerica.com/arts.
We are committed to improving the environment in how we approach our global business, support our employees, make our operations more sustainable, and govern our activities. Since 2007, we have provided more than $70 billion in financing for low-carbon and sustainable business activities. As part of our second commitment established in 2012, and increased in 2015, we are providing $125 billion in capital, along with significant intellectual capital, to develop solutions to climate change and other environmental challenges.
Around the world, we support the generosity of our employees through a matching gifts programme that enables each employee to double – up to $5,000 per person per calendar year – contributions to their favourite eligible charities.