In 2024, 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 disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumption | 957,216a | 989,932a | 1,001,700a | |
Non-Renewable Energy Consumption | 142,082a | 135,239a | N/A | |
Renewable Energy Consumption | 815,134a | 854,693a | N/A |
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In 2024, Bank of New York Mellon consumed a total of 957,216 Gigajoules of energy across its operations. Of this total, 85.16% 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 14.84% 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.a
In 2024, Bank of New York Mellon consumed a total of 957,216 Gigajoules of energy, of which 85.16% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
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.
Since 2022, Bank of New York Mellon's total energy consumption decreased by 4.44%, including a further 3.3% drop in 2024, highlighting a continued decline in energy use.a
Over the same period, the share of renewable energy in Bank of New York Mellon's consumption decreased by 1.37%, showing a recent negative trend in clean energy adoption.a