As announced by the United Nations, Bank of America has joined the U.N. Global Investors for Sustainable Development (GISD) Alliance. This partnership further demonstrates the bank’s commitment to responsible growth and mobilizing more capital to help advance and scale investment in the U.N. Sustainable Development Goals (SDGs) by 2030.
“We can ensure sufficient private-sector capital is available to address societal priorities,” said Brian Moynihan, CEO of Bank of America. “It happens when public companies align their business models and focus on the Sustainable Development Goals that are most relevant to their business, and ensure that investors can track and measure that progress, so that we deliver great shareholder returns and attract the necessary capital to meet the goals.”
By partnering with the GISD Alliance and initiating other efforts, including its $445 billion Environmental Business Initiative (2007-2030), and gender equality priorities such as equal pay for equal work, the bank is helping to realize the power and path to achieve the SDGs.
Learn more about Bank of America’s environmental, social, governance and sustainable finance efforts on its About Us website.
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Connect with us on Twitter (@BofA_News).
Reporters May Contact:
Kelly Sapp, Bank of America