Invested in Change: BNY Mellon Highlights Notable Corporate Social Responsibility Achievements

In BNY Mellon’s 233-year history, change has been a constant. Inspired by bold ideas and a legacy of innovation, employees working in 35 countries and more than 100 markets collaborate with stakeholders to help create a sustainable world where people can succeed and economies can thrive.

Corporate social responsibility (CSR) is crucial to how the company fulfills its role as a major global financial institution. Strong CSR performance enables BNY Mellon to power global investments and growth, deliver exceptional value for clients and stakeholders, and innovate for a better world. In 2016, the company embraced five global trends that were changing the world, such as shifting global markets, gender equality and climate change, and saw opportunities to contribute solutions to challenges.

“Organizations today face a stiff sustainability test,” says Gerald Hassell, BNY Mellon Chairman and CEO. “In virtually every industry, constituents’ attitudes and beliefs are changing rapidly, technology is redefining what is possible and companies are being forced to reimagine their business models for the future. We’re invested in change to respond to these challenges and opportunities.”

Last year, BNY Mellon announced a set of ambitious CSR goals for 2016-2020, and progress is largely on track with key accomplishments in the areas of Risk and Reliability, Engagement and Wellbeing and Environmental Management.

BNY Mellon’s 2016 CSR Report highlights the following achievements:

• Named to the Dow Jones Sustainability World Index for the third consecutive year, the only U.S. diversified financial company to do so
• Recognized on the CDP Climate A List for the fourth consecutive year
• Managed $69.3 billion in assets according to ESG and values-based exclusionary screens
• Supported market integrity through a strong risk culture with 96% of employees aware of risks relevant to their work
• Drove gender diversity in the company’s talent base by adding three women to the Board of Directors and advancing women to achieve 46% global representation and 36% at the vice president levels
• Partnered with the UN Foundation to develop the report Return on Equality: Investment Opportunities to Help Close the Global Gender Gap, identifying opportunities to unlock nearly $300 billion in incremental annual spending by 2025.
• Honored as one of 52 firms on the 2017 Bloomberg Financial Services Gender-Equality Index
• Provided $42 million in annual support to communities around the world,¹ plus more than 140,000 hours of employee volunteer time
• Maintained carbon-neutral status through emissions reduction, renewable energy credits and carbon offsets²
• Saved 40 million kilowatts of energy in company data centers, enough to power 3,700 homes in the U.S. for a year

Learn more about how BNY Mellon is improving lives through investing by exploring the 2016 CSR Report.

1 Community support includes donations, grants and charitable sponsorships made by BNY Mellon and employee donations to charities that qualify for the company’s matching program.

2 For Scope 1 and Scope 2 GHG emissions including data centers, as well as Scope 3 business travel emissions.