BNY Asset Management Sustainability Profile
BNY Asset Management, a division of The Bank of New York Mellon Corporation, is headquartered in the United States and operates across major financial markets globally. Founded in 1784, BNY Asset Management has established itself as a leader in the investment management industry, offering a diverse range of services including investment strategies, risk management, and wealth planning. With a focus on institutional and individual investors, BNY Asset Management is renowned for its innovative approach to asset allocation and portfolio management. The firm’s commitment to sustainability and responsible investing sets it apart in a competitive landscape. Recognised for its strong market position, BNY Asset Management continues to achieve notable milestones, solidifying its reputation as a trusted partner in navigating complex financial environments.
DitchCarbon Score
How does BNY Asset Management'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 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
BNY Asset Management's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BNY Asset Management, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. However, the organisation is part of a corporate family relationship with The Bank of New York Mellon Corporation, which may influence its climate commitments and performance metrics. As a current subsidiary, BNY Asset Management's climate initiatives and targets are likely aligned with those of its parent company. The Bank of New York Mellon Corporation has been active in reporting its emissions through the CDP, which may provide insights into the broader climate strategies that BNY Asset Management could be adopting. At this time, there are no documented reduction targets or specific climate pledges from BNY Asset Management. The absence of such data suggests that while the firm may be engaged in sustainability efforts, detailed commitments or measurable targets have not been publicly disclosed. In summary, BNY Asset Management's current climate commitments and emissions data remain unspecified, but its affiliation with The Bank of New York Mellon Corporation may play a role in shaping its environmental strategies moving forward.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 9,000,000 | 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 | 19,700,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
How Carbon Intensive is BNY Asset Management's Industry?
How Carbon Intensive is BNY Asset Management's Location?
BNY Asset Management's Scope 3 Categories Breakdown
BNY Asset Management's Scope 3 emissions, which increased by 646% last year and increased by approximately 144% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
BNY Asset Management's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BNY Asset Management has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
