Bank of America finances $280B in fossil fuels since Paris, making it the world's fourth-largest fossil fuel funder. Its climate targets rely on intensity-only metrics that allow absolute financed emissions to rise. It recently abandoned the Net Zero Banking Alliance and rolled back coal restrictions under political pressure.
Same formula for every company. No curve. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × ScaleStrongest on Carbon Footprint — Operations and Energy Source (8/10, 7/10). Weakest on Controversies & Red Flags and Nature & Biodiversity Impact (2/10, 2/10).
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Among the 27 major financial services / banking brands we've scored, Bank of America sits 26th of 27.
Score history begins 8 February 2026.
As Bank of America's score updates, the trajectory will appear here.
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Bank of America is one of the largest US-based financial institutions, providing banking, investment, and wealth management services globally. Founded in 1998 through merger, it is headquartered in Charlotte, North Carolina. BofA operates across consumer banking, commercial banking, and capital markets with a global client base.
Peer megabank with similarly high fossil fuel financing and intensity-only emissions targets.
View breakdown →European bank with comparable financed emissions disclosure gaps and controversial climate exits.
View breakdown →Major international bank facing similar criticism for financing fossil fuels and weak sectoral policies.
View breakdown →Large fossil fuel company operating in same financed-emissions space BofA enables.
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