Bank of America embraces the power of their people and values their differences in thought, style, gender identity, culture, ethnicity and experience. They recognize that a diverse workplace gives them a powerful business advantage in understanding and meeting the needs of their diverse customers, clients and communities.
Central to the company’s core values, their mission is to actively promote an inclusive environment so that all employees have the opportunity to achieve personal success while contributing to the growth of the business.
Their efforts to promote diversity and inclusion include four areas of focus:
1. Recruiting and retaining diverse talent
2. Maintaining relationships with diverse suppliers
3. Offering products and services to meet the diverse needs of their customers and
4. Philanthropically supporting underserved communities
Within Bank of America Employee Network Groups have been established to provide mutual support and a sense of inclusion for all employees. Many of these groups mobilize to volunteer in the community. Examples of these groups are:
Black Professional Network, which celebrated Black History Month by conducting financial workshops for at-risk high school students at The Bridge of Northeast Florida
LEAD For Women Network (Leadership, Education, Advocacy & Development) volunteers extensively at PACE Center for Girls, providing young women opportunities for a better future through education, counseling and training. They also work with Hubbard House to raise awareness of domestic violence and raised over $10,000 for Making Strides Against Breast Cancer.
Military Support and Assistance Group supports active members of the military, veterans and their families. One of their activities was a project done with Bank of America called Express Your Thanks For Our Troops which sent thank you letters and raised more than $333,000 nationally that was donated to Wounded Warriors.
Bank of America employees volunteer extensively in our community. They served over 41,000 hours in 2012. Some of their projects included working with the annual Empty Bowls Luncheon to raise money and awareness for the food bank, a beautification project at Northwestern Middle School, cooking and serving meals at the Sulzbacher Center and helping prepare taxes for low income families to help them receive the Earned Income Tax Credit – an average of $2,000 per family. Additionally, many Bank of America employees serve on local nonprofit boards of directors, benefiting our nonprofit community with their diverse backgrounds and talents.
Bank of America/Merrill Lynch will receive the 2013 Edward R. Hayes Unity in Action Award at Celebrate!GOOD, April 18th, 2013.