Recently scored: Dentsu, Omnicom, Publicis Groupe, WPP
Bank of America·Financial Services / Banking·Charlotte, United States·Founded 1998·Last verified 21 April 2026
27
out of 100
Significant gapsPending Review-25 since last review

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.

The calculation

Every score shows its working.

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
42 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 42) = 44.4
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.6
Final score
Rounded. Significant gaps.
27 / 100
The ten questions

Where Bank of America is strong, and where it isn't.

Strongest on Carbon Footprint — Operations and Energy Source (8/10, 7/10). Weakest on Controversies & Red Flags and Nature & Biodiversity Impact (2/10, 2/10).

Where the evidence comes from

Every document used, listed.

12 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Third-party verified
DitchCarbon: Bank of America Profile
Ongoing
Q1Q2Q3
View →
[2]Self-reported
Bank of America 2025 Assurance Statements
2025
Q1Q9
View →
[3]Third-party verified
GreenPortfolio: Top Fossil Fuel Financiers
Unknown
Q2
View →
[4]Public record
Common Dreams: Bank of America Accounting Tricks
2022
Q3Q8
View →
[5]Self-reported
Bank of America Newsroom: Environmental Commitment Solar
2022
Q4
View →
[6]Public record
Smart Energy Decisions: BofA Renewables and Carbon Neutrality
2016
Q4
View →
[7]Third-party verified
Friends of the Earth: Bank Investor Forest Destruction
Unknown
Q5
View →
[8]Third-party verified
Rainforest Action Network: Complicit Report
Unknown
Q5Q10
View →
[9]Self-reported
Bank of America 2023 Performance Data Summary and GRI Index
2023
Q6Q7
View →
[10]Public record
Grist: Big Banks Abandoned Climate Alliance
Unknown
Q8Q10
View →
[11]Third-party verified
Rainforest Action Network: Bank of America Transparency and Accountability
Unknown
Q9
View →
[12]Third-party verified
InfluenceMap: US Banks and Climate-Related Policy
Unknown
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

Bank of America in context

Where Bank of America sits among financial services / banking peers.

Among the 27 major financial services / banking brands we've scored, Bank of America sits 26th of 27.

26/27
Bank of America's rank
40
Industry average
23
Industry low
65
Industry high
How this score has moved

Bank of America's score over time.

today

Score history begins 8 February 2026.

As Bank of America's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About Bank of America

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.

Founded
1998
Headquarters
Charlotte, United States
Employees
~213,000
Annual revenue
$101.9B (FY2024)
Company website ↗
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