Bank Of New York Mellon
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is a leading global investments company headquartered in the United States. Founded in 1784, it has established itself as a key player in the financial services industry, with a strong presence in major operational regions including North America, Europe, and Asia-Pacific. BNY Mellon specialises in asset management and securities services, offering a diverse range of core products such as investment management, custody, and treasury services. Its unique approach combines innovative technology with deep industry expertise, positioning the bank as a trusted partner for institutional investors and corporations alike. With a rich history and notable achievements, BNY Mellon continues to be recognised for its commitment to excellence and leadership in the financial sector.
DitchCarbon Score
How does Bank Of New York Mellon's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bank Of New York Mellon's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Of New York Mellon's reported carbon emissions
In 2023, the Bank of New York Mellon reported total carbon emissions of approximately 71,470,000 kg CO2e, comprising 7,147,000 kg CO2e from Scope 1, 96,117,000 kg CO2e from Scope 2, and 142,914,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. In previous years, emissions data shows a trend of fluctuating total emissions, with 2021 recording approximately 97,104,000 kg CO2e, and 2022 at about 94,371,000 kg CO2e. The bank's Scope 1 and 2 emissions combined were approximately 95,885,000 kg CO2e in 2021 and 94,371,000 kg CO2e in 2022, indicating a focus on reducing direct and indirect emissions. Despite the absence of specific reduction targets or climate pledges, BNY Mellon is actively engaged in assessing its environmental impact and has disclosed emissions across all three scopes, demonstrating transparency in its climate commitments. The bank's efforts align with industry standards for climate accountability, although further details on reduction strategies would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,919,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 107,972,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,259,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bank Of New York Mellon is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
