BNY Mellon, officially known as The Bank of New York Mellon Corporation, is a leading global investments company headquartered in the United States. Established in 1784, it has a rich history marked by significant milestones, including the merger of The Bank of New York and Mellon Financial Corporation in 2007. Operating primarily in North America, Europe, and Asia, BNY Mellon excels in the financial services industry, focusing on asset management and securities services. Its core offerings include investment management, custody services, and treasury services, distinguished by a commitment to innovation and client-centric solutions. Recognised for its strong market position, BNY Mellon serves a diverse clientele, including institutions, corporations, and individuals, and is celebrated for its expertise in navigating complex financial landscapes.
How does BNY 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.
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.
BNY Mellon's score of 36 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BNY Mellon reported total carbon emissions of approximately 12,372,942,200 kg CO2e. This figure includes 1,408,476,500 kg CO2e from Scope 1 emissions, 99,100 kg CO2e from Scope 2 emissions, and a significant 10,964,465,700 kg CO2e from Scope 3 emissions, which encompasses business travel emissions of about 349,300 kg CO2e. The company has not disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). There are no documented climate pledges or reduction targets available, indicating a potential area for improvement in their climate strategy. BNY Mellon's emissions data is not cascaded from any parent organisation, and all reported figures are derived directly from their own disclosures. The company continues to operate within the financial services sector, where addressing carbon emissions is increasingly critical for sustainability and regulatory compliance.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 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 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
Scope 2 | 3,350,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 00,000 |
Scope 3 | 19,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 |
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.
BNY Mellon 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.