Bank of New York Mellon Corp
Bank of New York Mellon's Climate Target Data Preview
As of 2023, Bank of New York Mellon has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Bank of New York Mellon ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Insights into Bank of New York Mellon's Greenhouse Gas Emissions Pathways
As of 2023, Bank of New York Mellon has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
Does Bank of New York Mellon have a target to reduce the emissions from its operations?
As of 2023, Bank of New York Mellon has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Bank of New York Mellon's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 150,157 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a
As of 2023, Bank of New York Mellon is ahead of schedule on its operational emissions reduction target, having achieved 62.46% of the planned reduction. a
Bank of New York Mellon's Operational (Scope 1+2) Emissions Pathway
Does Bank of New York Mellon have a target to reduce the emissions from its value chain?
As of 2023, Bank of New York Mellon has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Bank of New York Mellon's most ambitious value chain target is to reduce these emissions by 46% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2020. a