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Bank of America Global Wealth and Investment Management

PRI reporting framework 2020

You are in Strategy and Governance » Governance and human resources


SG 07. RI roles and responsibilities

07.1. 組織が採用している内部または外部の役割、ならびにそれぞれの責任投資に対する監督責任および実施責任の有無について明示してください。



          Head of CIO and ISG

その他の役職(具体的に記入してください) (1)

          See response to SG7.2

07.2. RIの監督/説明責任または実施責任を担う役職について、このような責任をどのように果たすのか記載してください。

The framework which we have in place has been devised to provide accountability and transparency to the Bank of America ESG Committee organization. 

Environmental, Social and Governance (ESG) awareness and concern is embedded in our values and informs how we conduct business, develop products and services and deliver on our goals and commitments. ESG is integrated across six core areas, where we continue to focus our resources – 1) responsible business practices; 2) strong economies; 3) environmental sustainability; 4) leadership and service; 5) arts and culture; and 6) diversity and inclusion. Prior to 2016, this was known as Corporate Social Responsibility under the Bank of America Global Corporate Social Responsibility.

The Sustainable and Impact Investing Strategy Working Group is organized across business heads who are tasked with driving strategy for internal sales, external marketing and public outreach; assets under management reporting and internal growth revenue metrics; and general program management and coordination across groups.

The purpose of the Investment Solutions Group Investment Oversight Committee (the “IOC” or the “Committee”) is to ensure proper oversight and coordination of GWIM’s investment processes, investment strategy, investment platforms and investment policies.  It is critical that investment advice and processes be reviewed on a holistic basis to ensure that we continue to strive for consistency in the delivery of advice to clients, where appropriate, across its platforms.

The Investments Solutions Group (“ISG”) Product Management Investment Committee (“ISG PMIC” or the “Committee”) is responsible for the evaluation, review, approval, supervision and oversight of all products, platforms and/or services managed or maintained by ISG, including the Merrill Investment Advisory Program (MLIAP) and Legacy Third Party and FA-Directed Programs (“Advisory Programs”) sponsored by Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or its affiliates, as well as domestic and global funds and exchange traded funds (“ETFs”) (“Global Funds Products”) (“collectively, “ISG Products”) distributed by Merrill and the Private Bank.

The Fiduciary Investment Committee (FIC or the Committee) purpose is to oversee the exercise of fiduciary powers and duties with respect to investment management activities of fiduciary accounts in BANA.

07.3. 組織にいる専任の責任投資担当者の人数を記載してください。


07.4. 補足情報 [任意]

The number reflected above includes 23 staff that a 30% or greater portion of their role responsibilities are dedicated to the responsible/impact investment initiative.  The remaining 273 staff serve in an advisory capacity to the impact investing initiative through their involvement on our Impact Investing Council, our Impact Investing Strategy Working Group, or our Impact Investing Advisor Working Group.

SG 07 CC. Climate-issues roles and responsibilities (Private)

SG 08. RI in performance management, reward and/or personal development (Private)