Charlotte-based BofA touts social responsibility as "an extension of the values" it holds as a company. The report focuses on the bank's impact in six areas: responsible business practices; strong economies; environmental sustainability; leadership and service; arts and culture; and diversity and inclusion.
However, environmental activist group RAN says BofA conspicuously leaves out its most significant environmental impact — financing for coal projects.
RAN claims on its website that BofA has invested more than $6.4 billion in coal in the past two years.
This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go here. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.