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updated 5 days ago

Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit

Company website

Mellon Financial Corporation, commonly referred to as Mellon, is a prominent player in the financial services industry, specialising in electronic funds transfer processing. Headquartered in the United States, the company has established a significant presence in major operational regions across North America and beyond. Founded in the early 20th century, Mellon has achieved numerous milestones, solidifying its reputation as a trusted provider of innovative financial solutions. Mellon's core offerings include a comprehensive suite of electronic payment processing services, designed to enhance transaction efficiency and security for businesses and consumers alike. What sets Mellon apart is its commitment to leveraging cutting-edge technology and industry expertise, ensuring seamless integration and exceptional customer service. With a strong market position and a history of notable achievements, Mellon Financial Corporation continues to be a leader in the electronic funds transfer sector, driving advancements in payment processing.

DitchCarbon Score

How does Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit'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.

23

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.

0

Industry Benchmark

Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit'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.

0%

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Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit's reported carbon emissions

Inherited from U.S. Bancorp

Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit, currently does not have specific carbon emissions data available for the most recent year. The organisation is part of a corporate family that cascades emissions data from U.S. Bancorp, which is at a cascade level of 3. However, no specific emissions figures or reduction targets have been provided. In terms of climate commitments, there are no documented reduction initiatives or targets from Mellon Financial Corp. itself. The absence of specific climate pledges or initiatives suggests that the organisation may be in the early stages of developing its sustainability strategy. As a merged entity, it is important to note that any climate-related data or commitments may be influenced by the broader policies and practices of U.S. Bancorp. This context highlights the need for further transparency and action in addressing carbon emissions and climate change within the financial services sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142017201820192020202120222023
Scope 1
60,412,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
354,799,000
-
-
000,000,000
000,000,000
00,000,000
0,000,000
0,000,000
Scope 3
114,415,000
-
-
-
00,000,000
00,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit is in US, which has a low grid carbon intensity relative to other regions.

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.

Mellon Financial Corp., Network Services Electronic Funds Transfer Processing Unit is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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