Financial Services
Bank of America Corporation (BAC)
Data as of July 7, 2026
Environment story
Source documents (10-K risk factors and proxy statement) contain no quantified Scope 1, 2, or 3 emissions data, no explicit net-zero target year, and no disclosed physical decarbonization capital expenditures. Under the rigid scoring protocol, undisclosed Scope 3 data and an undisclosed/absent net-zero target each trigger standard deductions. No specific resource-based controversies (toxic waste, water usage) were identified in the provided filings, so no additional severity deduction was applied. This is a data-availability-driven score, not a substantive environmental performance judgment.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
No disclosed initiatives on file for this pillar.
Social story
Bank of America discloses a non-unionized U.S. workforce (no collective bargaining agreements), stable 8% turnover, an 86% employee engagement index, and a $25/hour U.S. minimum wage achieved in 2025. Pay equity reviews report women and non-White U.S. employees earning over 99% of comparable-role counterparts. However, top-three-management-level representation for non-White employees (28%, derived from 72% White) falls below the 30% technical/executive diversity threshold, triggering a deduction. No union suppression activity, strikes, or supply-chain human-rights findings were disclosed in the provided filings.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
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Minimum Wage IncreaseRaised U.S. minimum hourly wage to $25/hour by October 2025, completing a goal announced in 2021.Wage floor improvement for lowest-paid U.S. employees
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Sharing Success AwardsApproximately 96% of global employees to receive compensation awards for 2025 performance, the ninth consecutive year of the program.Broad-based employee compensation participation
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Pay Equity ReviewAnnual third-party-supported analysis of pay by gender (global) and race/ethnicity (U.S.), with adjustments where warranted.Women paid >99% of men; non-White U.S. employees paid >99% of White employees in comparable roles
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Employee Networks & Training11 Employee Networks with over 330,000 voluntary memberships; 7.6 million training hours delivered via Bank of America Academy in 2025.Employee development and inclusion infrastructure
Governance story
The proxy statement describes a single-class common stock structure, an independent Lead Independent Director, majority-independent board composition, robust related-person-transaction policies, and an anti-hedging policy applicable to directors and executives. No dual-class share structure was disclosed. No board independence percentage below 75% was identified in the provided text, no active lobbying targeting climate or consumer-protection deregulation was disclosed, and no active antitrust, consumer-safety, or financial-fraud regulatory proceeding was specifically detailed in the provided excerpts (beyond generic risk-factor disclosure of ongoing regulatory and legal risk inherent to large financial institutions). Two shareholder proposals (independent board chair; animal-welfare risk oversight report) were opposed by the Board and are noted as contested-governance signals in the fact sheet.
Criticisms on file
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Shareholder proposal requesting an independent board chair (opposed by Board, previously rejected by shareholders)Source: BAC_proxy.txt - Proposal 4
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Shareholder proposal requesting report on board oversight of animal-welfare risks (opposed by Board)Source: BAC_proxy.txt - Proposal 5
Disclosed initiatives
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Say-on-Pay & Compensation Risk OversightAnnual advisory Say-on-Pay vote; Compensation and Human Capital Committee reviews control-function feedback and clawback features to prevent excessive risk-taking.Pay-for-performance alignment and risk mitigation
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Anti-Hedging PolicyDirectors, executive officers, and designated insiders prohibited from hedging, short sales, and derivative trading in company securities.Aligns insider incentives with long-term shareholder interests
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Shareholder Engagement ProgramOngoing year-round engagement with investors on governance, compensation, and sustainability topics via Lead Independent Director and Corporate Governance Committee.Institutionalized investor feedback loop
These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Bank of America Corporation. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Bank of America Corporation in the app for interactive charts and portfolio building.
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