Bank of America Corp
Bank of America Waste Data Preview
In 2023, Bank of America conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Waste Recovered | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Hazardous Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-Hazardous Waste Disposed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Bank of America's Waste Treatment Practices
In 2023, Bank of America generated a total of 102,603 metric tonnes of waste.
Of this amount, 67.84% of Bank of America's total waste generated was recovered through methods such as recycling, reuse, or composting, while 32.16% was disposed of through landfilling, incineration, or combustion.
Bank of America's Waste Recovery Rate
How much of Bank of America's waste is recycled or recovered?
In 2023, Bank of America reported a total waste generation of 102,603 metric tonnes, of which 67.84% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Bank of America is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.
Has Bank of America reduced its environmental waste footprint over time?
Since 2021, Bank of America's total waste generation increased by 17.38%, but declined by 8.82% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.
Over the same period, Bank of America's waste recovery rate declined by 1.12%, yet improved by 7.8% in 2023, pointing to a recent rebound or renewed focus on better waste treatment outcomes.
Overall, Bank of America’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.
Bank of America’s Waste Recovery vs. Disposal Over Time
- Total Waste Disposed
- Total Waste Recovered
Insights into Bank of America’s Generation of Hazardous and Non-Hazardous Waste
In 2023, Bank of America generated a total of 102,603 metric tonnes of waste.
Of this amount, 1.15% of Bank of America's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 98.85% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.
Bank of America’s Hazardous vs Non-Hazardous Waste Over Time
- Total Non-Hazardous Waste Generated
- Total Hazardous Waste Generated
How Bank of America reduced the environmental impact of its waste?
Since 2021, Bank of America's total waste generation increased by 17.38%, including a 8.82% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.
Over the same period, the share of hazardous waste in Bank of America's total output increased by 97.42%, including a further 45.9% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.
Overall, while Bank of America has recently reduced waste output, its hazardous waste share continues to rise, raising concerns about treatment efficiency or growing reliance on harmful materials despite short-term volume improvements.
How does Bank of America treat its hazardous waste?
In 2023, Bank of America reported that 1,176 metric tonnes of its total waste output were classified as hazardous. This represents 1.15% of its overall waste generation.
The company treated this hazardous waste using a combination of methods. A majority (100%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Bank of America has established processes to reduce the environmental burden of its most harmful waste streams.