Bank Of New York Mellon

Bank Of New York Mellon, a US-headquartered company in Financial Intermediation Services, except Insurance and Pension Funding Services, reported its 2025 emissions data. The company disclosed Scope 1 emissions of approximately 9.57 million kg CO2e, Scope 2 market-based emissions of about 1.6 million kg CO2e, and Scope 3 emissions including investments at approximately 234.84 billion kg CO2e and business travel at approximately 18.79 million kg CO2e. For 2024, Scope 1 emissions were around 8.64 million kg CO2e, Scope 2 market-based emissions were about 1.67 million kg CO2e, and Scope 3 emissions included investments of approximately 5.73 billion kg CO2e and business travel of about 22.52 million kg CO2e.

Bank Of New York Mellon has committed to several climate targets. They aim to reduce their Scope 1 and Scope 2 (location-based) GHG emissions by 20% by 2025 from a 2018 base year, using methodology developed by the Science Based Targets initiative (SBTi). Additionally, the company has set a new 2030 target to reduce its Scope 1 and Scope 2 (location-based) GHG emissions by 50% relative to a 2018 base year.