. . . . .

EXPLORE NINE BEST PRACTICES

Beyond the Bottom Line

When companies implement responsible environmental, social, and corporate governance (ESG) policies, the benefits ripple across the world.

ILLUSTRATIONS BY LA TIGRE

Offset Your Impact

Create a Net-Positive Impact

Reward Excellence

Pay Equally

Enforce Consistent Standards

Champion Diversity

Pay for Performance

Engage Your Stakeholders

Create an Internal Watchdog

SCROLL FOR MORE

EXPLORE BEST PRACTICES

There’s no one-size-fits-all approach to ESG, but when it becomes a priority, it creates a better world for all. Explore this interactive experience to understand how nine companies, representing a variety of industries, are strengthening their business through best practices in all three categories. They are presented here in no particular order, save that all are exemplary.

EXPLORE BEST PRACTICES

Environmental

Sustainability issues, like energy, pollution, and natural resources

Offset Your Impact

Microsoft’s plan to achieve carbon neutrality

Some 44 percent of Microsoft’s data centers are now powered by wind, solar, or hydropower...READ MORE

Create a Net-Positive Impact

Owens Corning protects and preserves local biodiversity around the world

Owens Corning pledges to promote biodiversity and reduce waste to landfill to zero...READ MORE

Reward Excellence

Abbott Laboratories focuses on the global impact of local efforts

Abbott Laboratories grants awards to those that demonstrate a commitment to environmental, health, and safety concerns...READ MORE

EXPLORE BEST PRACTICES

Social

Business ties and ethical considerations like philanthropic initiatives

Pay Equally

How Gap is creating a better workplace

In 2015, the retailer raised the minimum wage to $10 for 60,000 U.S. employees...READ MORE

Enforce Consistent Standards

Hasbro standardized ethical practices in factories around the world

In 2015, Hasbro strengthened its Global Business Ethics Principles to address modern forms of slavery...READ MORE

Champion Diversity

How JLL demonstrates its commitment to a diverse workplace

JLL’s U.S. workforce is 20% U.S. minority, and 50% of hires for U.S. officer-level roles are “diverse” candidates...READ MORE

EXPLORE BEST PRACTICES

Corporate Governance

Transparency and accountability to stakeholders and equitable operations

Pay for Performance

Unilever holds its CEO accountable to its ESG efforts

Unilever has aligned sustainability programs with business performance at the board and executive levels...READ MORE

Engage Your Stakeholders

Bank of America actively pursues external perspective on its business and societal challenges of the day

The bank maintains an open and ongoing dialogue with stakeholders...READ MORE

Create an Internal Watchdog

How Nike keeps its ESG goals on track

Every 18 months, the head of every one of Nike’s business units appears before an internal sustainability committee...READ MORE

BANK OF AMERICA'S COMMITMENT TO ESG

Bank of America is guided by a common purpose to make financial lives better through the power of every connection. They deliver on this through a strategy of responsible growth and a focus on environmental, social and governance leadership.

Bank of America's Commitment to ESG

Bank of America is finding innovative ways to deploy capital and activate partnerships to fuel social and economic progress around the world. For instance, since 2013 it has directed $66 billion towards low-carbon, sustainable business activities, including $17 billion in 2017 alone. Since 2007, the company has also been the leading global underwriter of green bonds in the industry, and since 2015, they have been the leading provider of tax-equity investment in solar and wind power.

Bank of America is also focused on helping local communities thrive by investing in small business growth, job creation, and economic mobility. This includes investing more than $1.5 billion in community development financial institutions (CDFIs) across the U.S., which provide access to capital for individuals and businesses that might otherwise have trouble securing it. And, through its Community Development Banking efforts, Bank of America provided over $4 billion in loans, tax credit equity investments, and other real estate development investments to create housing for individuals, families, veterans, seniors, and the formerly homeless.

The bank is investing in its employees, too, through programs designed to enhance their experience at work and at home, such as expanding paid parental leave from 12 to 16 weeks for all employees with a new child, and increasing the minimum wage for hourly, non-commissioned U.S. employees to $15 per hour, and extending the paid leave policy for all new parents to 16 weeks and expanding our bereavement policy to provide up to 20 days paid time for the loss of a spouse/partner or child.

Bank of America’s commitment to ESG is also reflected in its clear and effective corporate governance practices. A Global ESG Committee identifies emerging environmental and social opportunities and monitors ongoing activities. For greater transparency, the company’s dedicated Environmental and Social Risk Policy Framework outlines how risks in these areas are evaluated and mitigated. The company also regularly engages with external stakeholders, who provide outside perspective as well as offering feedback and input on the bank’s business activities and the broader issues of the day. It is for this continued commitment to ESG leadership that Bank of America is consistently ranked on the Dow Jones Sustainability Index as a leader both globally and in North America.

Bank of America’s approach to responsibly growing the global economy is multifaceted and drives positive environmental and social change. Learn more on Bank of America’s commitment to ESG and how it engages its stakeholders in the 2017 Annual Report.