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 95% 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, Bank of New York Mellon reported total carbon emissions of approximately 142,914,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 7,147,000 kg CO2e, while Scope 2 emissions totalled approximately 96,117,000 kg CO2e. The bank's Scope 3 emissions, primarily from business travel, accounted for around 142,914,000 kg CO2e. Over the years, the bank has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were reported at approximately 109,791,000 kg CO2e, indicating a significant reduction from previous years. For instance, in 2021, emissions were about 97,104,000 kg CO2e, and in 2020, they were approximately 116,149,000 kg CO2e. This trend reflects ongoing efforts to manage and mitigate emissions effectively. Despite the absence of specific reduction targets or climate pledges, Bank of New York Mellon continues to engage in initiatives aimed at improving its sustainability practices. The bank's emissions data highlights its focus on reducing Scope 1 and Scope 2 emissions, which are critical for achieving overall climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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.
