Bank of New York Mellon Corp

Common Name
Bank of New York Mellon
Country
United States
Sector
Financial Services
Industry
Banks - Diversified
Employees
51,000
Ticker
BK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Bank of New York Mellon Corporation, commonly known as BNY Mellon, is a prominent financial services company that provides investment management and investment services around the globe. Founded in 17...

Bank of New York Mellon Energy Data Preview

In 2023, Bank of New York Mellon disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Bank of New York Mellon also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Bank of New York Mellon also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Bank of New York Mellon also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Bank of New York Mellon's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Bank of New York Mellon's Energy Renewability

In 2023, Bank of New York Mellon consumed a total of 995,841 Gigajoules of energy across its operations. Of this total, 85.83% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 14.17% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Bank of New York Mellon's Energy Renewability Rate

86%

How much of Bank of New York Mellon's energy consumed is renewable?

In 2023, Bank of New York Mellon consumed a total of 995,841 Gigajoules of energy, of which 85.83% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This high level of renewable energy use suggests that Bank of New York Mellon has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Insights into Bank of New York Mellon's Energy Consumption & Production Mix

In 2023, Bank of New York Mellon disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Bank of New York Mellon's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Bank of New York Mellon's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(85.8%)Fuel Oil, Gasoline(Petrol), Jet Fuel(ATF) and NaturalGas(11.4%)

What are the main sources and generation technologies behind Bank of New York Mellon's energy consumption?

In 2023, Bank of New York Mellon's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (85.83%)
  • Fuel Oil, Gasoline (Petrol), Jet Fuel (ATF) and Natural Gas (11.37%)
  • Steam (Unspecified Source) (2.8%)

How diverse is Bank of New York Mellon’s energy consumption mix?

In 2023, Bank of New York Mellon consumed energy from 5 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 85.83% of total consumption.

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