Bank of America

Courtesy of Vivint Solar

    In 2007, even as the financial crisis began taking huge bites out of its balance sheet, Bank of America committed to lending, investing, and otherwise raising $20 billion for low-carbon and sustainable business. It has since added $125 billion to that commitment—and deployed $96 billion—financing everything from green skyscrapers in Manhattan to cleaner cookstoves in Kenya. The bank helped invent, and is now the biggest player in, the market in “green bonds,” which secure better financing for climate-protecting projects; green bond issuance worldwide soared from $13 billion in 2013 to $161 billion last year. Fortune takes a closer look at Bank of America’s green innovations in this feature story from our Sept. 1, 2018 issue.

    Company Information

    Impact SegmentEnvironmental Impact
    IndustryCommercial Banks
    CEOBrian Moynihan
    Company TypePublic
    Revenues ($M) (Last Fiscal Year)$100,264
    Profits ($M) (Last Fiscal Year)$18,232
    Market Value ($M)$307,139