Bloomberg Law
Jan. 26, 2021, 12:00 PM

BofA, PayPal Join 59 Other Companies in Committing to ESG Goals

Saijel Kishan
Saijel Kishan
Bloomberg News

Bank of America Corp., PayPal Holdings Inc. and Inc. are among 61 global companies that will start using a set of ESG metrics to measure things like pay equality, board diversity and greenhouse-gas emissions.

The companies have committed to report annually to investors the progress that they’re making on 21 ESG-focused “Stakeholder Capitalism Metrics” compiled by the World Economic Forum’s International Business Council, the WEF said in a statement Tuesday. The goal is to improve how a company’s environmental, social and governance performance can be measured and compared.

“We wanted to take an inventory of what was ...

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