Top 5 ESG Companies in 2022

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In this article, we discuss the top 5 ESG companies in 2022. If you want our detailed analysis of the ESG industry, go directly to Top 12 ESG Companies in 2022

5. Bank of America Corporation (NYSE:BAC)

Bank of America Corp (NYSE:BAC) has set a goal of achieving net zero greenhouse gas (GHG) emissions by 2050. The bank achieved the net zero emission goal for Scope 1 and Scope 2 emissions in 2019. The company says that its Environmental Business Initiative will “deploy and mobilize” about $1 trillion by 2030 to hasten the shift to a low-carbon economy. Bank of America Corp (NYSE:BAC) says 100% of its electricity usage on an annual basis comes from renewable sources. The bank also claims to have spent a whopping $200 billion since 2007 in financing low-carbon and sustainable business activities as part of its Environmental Business Initiative.

Bank of America Corp (NYSE:BAC) in 2021 formed an ESG advisory and financing solutions team. This year, the company hired four top executives for the team, according to Reuters.

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