Better Health for All
0
The company's core financial services are generally health-neutral, resulting in a score of 0 for `health_impact_core`. It has no significant involvement in industries associated with negative health outcomes, such as alcoholic beverages or tobacco, leading to a score of 20 for `harmful_revenue_share`.
1
The company demonstrates excellent data protection standards, including a data ethics framework and privacy policies, which apply to its Automated Medical and Dental Payments Solution for over one million providers, scoring 10 for `healthcare_data_responsibility`.
2
BNY Mellon offers comprehensive mental health programs for its employees, including 12 no-cost therapy/coaching sessions annually as part of a broader wellbeing program, scoring -50 for `mental_health_initiatives`.
3
During public health emergencies, the company provided support to healthcare facilities and organizations during COVID-19, including donations to the CDC and NYC Health + Hospitals system, and provided iPads for patient-family communication, scoring -70 for `global_health_crisis_response`.
4
Several KPIs are scored 0 as they are not applicable to the company's financial services business model or do not have direct health implications, including `safety_record`, `price_accessibility`, `vulnerable_reach`, `risk_transparency`, `health_innovation_investment`, `health_externalities`, `health_equity_programs`, `healthcare_workforce_support`, `preventative_health_measures`, `pharma_patent_flexibility`, `nutrition_and_food_safety`, `healthcare_education`, `addiction_mitigation`, and `clinical_trial_ethics`.
Fair Money & Economic Opportunity
-10
BNY Mellon has made direct investments and deposits supporting inclusion initiatives totaling $213 million.
1
This includes $122 million in funded Small Business Investment Company (SBIC) commitments, $68 million in affordable housing investments, a $10 million investment in Lafayette Square (an impact-driven firm targeting over 51% of invested capital in underserved regions or for borrowers employing low-to-moderate income individuals), and $13 million in deposits to Optus Bank, a Minority Depository Institution and Community Development Financial Institution.
2
The company also collaborates with Ponce Bank, another MDI and CDFI, through the U.S. Treasury Department's Financial Agent Mentor-Protégé Program to enhance its capacity in underserved areas.
3
These initiatives represent approximately 0.01% of the company's $2.0 trillion in assets under management.
4
The company is not regulated as a consumer lender and has no reported regulatory findings or fines related to fair lending. As a custodian bank and asset manager, BNY Mellon does not directly provide debt products to consumers or operate financial service access points.
Fair Pay & Worker Respect
0
The company's CEO-to-median-employee pay ratio was 288:1 in 2024.
1
For pay equity, in 2023, adjusted median pay for women globally and for racially underrepresented U.S. employees was 100% of their counterparts.
2
Unadjusted median pay was 95.6% for global women and 99.5% for U.S. racially underrepresented employees.
3
In November 2022, the U.S. Department of Labor found the company discriminated against 120 female and 73 Black and Hispanic workers between 2016-2017, resulting in a $1.925 million settlement.
4
The minimum hourly wage for U.S.-based employees increased to $22.50 in March 2024
5
and is set to increase to $25.00 by March 1, 2025.
6
The company provides zero-premium health insurance for employees earning less than $75,000 annually
7
and 16 weeks of paid parental leave.
8
Fair Trade & Ethical Sourcing
0
The company's primary business as a financial services provider, custodian bank, and financial market infrastructure means it does not procure or trade physical commodities. Therefore, KPIs related to fair-trade certification and high-risk materials are not applicable. While the company reported no confirmed cases of modern slavery or human trafficking in 2024, there is no data for the full 3-year period required by the rubric.
1
No specific data is provided for the percentage of suppliers covered by ethical clauses, the frequency of supplier audits, the traceability coverage of the supply chain, or the median days to close corrective action plans.
2
Additionally, no specific percentage of the procurement budget directed to diverse suppliers is disclosed.
3
Honest & Fair Business
-20
In August 2024, the company agreed to a $5 million settlement with the U.S. Commodity Futures Trading Commission for failing to accurately report millions of swap transactions and for inadequate supervision of its swap dealer business between 2018 and 2023
1
. These violations also breached a prior CFTC order from 2019
2
. As part of the settlement, the company committed to employing an independent compliance consultant to review its compliance program
3
.
Kind to Animals
-10
BNY Mellon received a score of 1 out of 42 points in Sinergia Animal's global animal cruelty scorecard, reflecting a minimal commitment to animal welfare policies and a lack of enforceable and trackable policies.
1
As a financial services company, BNY Mellon's core business activities do not involve animal-derived products, animal testing, or animal agriculture, making most direct animal welfare KPIs not applicable. The company's investment screening criteria can involve the exclusion of companies engaged in animal testing.
2
BNY Mellon supports biodiversity by hosting beehives at several U.S. locations
3
and planted over 100,000 trees in 2022,
4
but specific measurable biodiversity impact metrics for these initiatives are not available.
No War, No Weapons
-80
BNY Mellon's investment funds have 5.43% of assets invested in manufacturers of controversial weapons, including cluster munitions, landmines, white phosphorus, and depleted uranium, as of June 30, 2025.
1
This indicates a lack of codified ethical red lines and 0% compliance with ethical boundaries against such weapons. Furthermore, the company increased its holdings in a firearms manufacturer by 18%
2
and in a company relevant to defense applications by 6.7%,
3
demonstrating 0% divestment from defense-related assets and an active expansion of military business lines.
Planet-Friendly Business
-20
BNY Mellon sourced 100% of its electricity from renewable sources in both 2023 and 2024, primarily through Renewable Energy Certificates, achieving net-zero for purchased power.
1
The company achieved an 81% landfill diversion rate in 2023.
2
As of 2023, 59% of its real estate portfolio's square footage holds LEED, ENERGY STAR®, or equivalent certifications.
3
BNY Mellon's 2023 Sustainability Report aligns with TCFD recommendations, and its subsidiary BNYMFM conducts climate scenario analysis covering 1.5°C, 2°C, and 3°C+ pathways.
4
In 2023, no significant fines or sanctions related to non-compliance with environmental laws and/or regulations were imposed.
5
Respect for Cultures & Communities
0
The company has no reported cultural site disruptions, which aligns with its financial services business model. BNY Mellon supports cultural education through initiatives like 'America’s Field Trip', providing educational experiences at historical sites.
1
The company also partners with Optus Bank to reduce the wealth gap in minority communities
2
and offers scholarships to Historically Black Colleges and Universities (HBCUs), contributing to cultural heritage preservation and economic development.
3
BNY Mellon's Human Rights Statement emphasizes respect for indigenous peoples and cultural heritage across its operations and supply chain.
4
However, specific quantitative data on the number of formal partnerships with indigenous or local community groups, the percentage of revenue reinvested in local community development, or the percentage of investment allocated to cultural preservation programs is not provided in the available articles.
Safe & Smart Tech
0
BNY Mellon experienced a data breach in May 2023, affecting 12.5 million individuals
1
with exposure of names, addresses, dates of birth, and Social Security numbers
2
due to unauthorized access to a third-party IT system
3
. The company promptly disclosed the breach, initiated an investigation
4
, offered credit monitoring, identity theft insurance, and free credit freezes
5
, and is unaware of any misuse of the accessed information
6
. This constitutes a rare unauthorized data use incident. In 2022, BNY Mellon invested $200 million in cybersecurity
7
, which represents 1.25% of its $16 billion annual revenue
8
. BNY Mellon is ISO 27001 certified for its Information Security Management System
9
and requires cybersecurity awareness training for all users
10
. It employs advanced encryption for data in transit and at rest, maintaining PCI-DSS compliance
11
. The company adheres to a robust risk management and governance framework for AI
12
, aligning with global regulatory standards such as the FEAT principles
13
, and ensures AI systems operate with human oversight and that decisions are explainable
14
. BNY Mellon has a vulnerability management program in place
15
and adopts a privacy and security by design approach
16
. The company focuses on compliance with data privacy regulations such as GDPR and CCPA
17
, and adheres to NIST, ISO 27001, SOC1SM, SOX, and COBIT frameworks
18
, including filing a data breach notice with the Massachusetts Attorney General
19
. Authentication and password protection parameters are defined
20
, and the company states it protects consumers' digital rights
21
.
Zero Waste & Sustainable Products
-20
The company achieved an 81% office waste diversion rate from landfills as of 2024, surpassing its 2025 target of 80% ahead of schedule.
1
It also achieved a 100% diversion rate for technology waste from landfills.
2
The company states it does not produce hazardous waste.
3
Multiple waste reduction initiatives have been implemented, including recycling over 220 tons of technology equipment in 2021
4
and 171 tons in 2023, recycling 2.8 million pounds of paper in 2021
5
, and maintaining global paper neutrality.
6
Other initiatives include a new strategy for centralizing receptacles and signage implemented in 2024
7
, a transition to a new waste hauler
8
, new policies for decommissioned furniture
9
, and a new composting program in 2022.
10
The company has a target to achieve an 80% waste diversion rate from landfills by 2025
11
and a zero waste to landfill target for technology equipment by 2025.
12
No waste disposal violations or fines were reported in 2021
13
or 2022.
14
The Supplier Code of Conduct was updated to include environmental sustainability, outlining requirements for suppliers.
15