Since assuming leadership of Bank of America’s environmental group in 2010, Alex Liftman has been instrumental in crafting and implementing a comprehensive climate strategy for one of the world’s leading financial institutions.
Liftman led the ambitious effort to commit Bank of America to achieve net-zero emissions before 2050, even participating in creating the Net-Zero Banking Alliance to broaden the sector’s commitment to climate targets. She didn’t just stop at pledges. She was one of the architects behind issuing Bank of America’s first benchmark-sized corporate green bond, effectively making the institution a leader in ESG-themed bonds and attracting ethical investment.
In 2007, Liftman had already set the groundwork for sustainable finance, helping to mobilize $20 billion over ten years. Now, she collaborates closely with the bank’s Global Sustainable Finance Group to achieve an audacious commitment: to deploy $1.5 trillion in sustainable finance by 2030.
She has also prioritized transparency and accountability through initiatives like BofA’s Environmental and Social Risk Policy Framework, its Human Rights Statement, and its TCFD Reports, which were industry milestones for disclosing financed emissions targets and baselines. Her team has further integrated Stakeholder Capitalism Metrics in the Annual Report, displaying a comprehensive understanding of the interplay between corporate performance and social responsibility.
Alex Liftman’s pioneering efforts in sustainable finance, commitment to carbon neutrality, and transformative leadership at Bank of America make her a deserving inclusion in Worth’s Worthy 100 list of 2023.
