BNY Mellon AM Korea Limited Sustainability Profile
BNY Mellon AM Korea Limited, a subsidiary of BNY Mellon, is a prominent player in the asset management industry, headquartered in South Korea (KR). Established in 2005, the firm has steadily expanded its operational footprint across the Asia-Pacific region, focusing on delivering innovative investment solutions tailored to meet the diverse needs of its clients. Specialising in a range of services, including investment management and advisory, BNY Mellon AM Korea Limited distinguishes itself through its commitment to sustainability and responsible investing. The firm’s unique approach combines global expertise with local insights, enabling it to navigate the complexities of the Korean market effectively. With a strong market position, BNY Mellon AM Korea Limited has achieved notable milestones, including recognition for its robust investment strategies and client-centric services. As a trusted partner in asset management, the firm continues to enhance its reputation for excellence in the financial services sector.
DitchCarbon Score
How does BNY Mellon AM Korea Limited'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 Mellon AM Korea Limited's score of 41 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 Mellon AM Korea Limited currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of The Bank of New York Mellon Corporation, which may influence its climate commitments and reporting practices. As part of its corporate family, BNY Mellon AM Korea Limited may align with the sustainability initiatives and climate strategies set forth by its parent company. However, no specific reduction targets or climate pledges have been documented for BNY Mellon AM Korea Limited itself. The Bank of New York Mellon Corporation, at the cascade level 7, may provide broader emissions data and climate commitments that could reflect on BNY Mellon AM Korea Limited's practices. Nonetheless, without specific emissions data or reduction initiatives from BNY Mellon AM Korea Limited, it is challenging to provide a detailed overview of its carbon footprint or climate commitments.
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| 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 Mellon AM Korea Limited's Industry?
How Carbon Intensive is BNY Mellon AM Korea Limited's Location?
BNY Mellon AM Korea Limited's Scope 3 Categories Breakdown
BNY Mellon AM Korea Limited'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 Mellon AM Korea Limited'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 Mellon AM Korea Limited 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.
