2023 Sustainability Report
BNY has published our annual sustainability report highlighting progress made on advancing the sustainability of our operations, enabling our clients and partners to meet their own sustainability objectives and building a more inclusive economy. The report also outlines priorities for 2024 and is guided by reporting frameworks including Global Reporting Initiative (GRI), Task Force on Climate-related Financial Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB).
Our Strategy and Vision
Our sustainability strategy follows two paths: helping our clients and partners meet their sustainability and community goals through the products and services we offer and managing our own operations with a focus on resilience. We are finding ways to be more for our clients and partners in their own sustainability journeys across all of our lines of business.
Sustainability Strategy Focus Areas
We built our sustainability strategy to align with the priorities of our company, clients, employees and communities. Our commitment to sustainability drives how we work with clients and partners to build a more inclusive economy; how we support clients in achieving their sustainability objectives; and guides the way we run our firm, including how we engage with stakeholders and continue to earn clients’ trust.
Clients and Partners
AN INCLUSIVE ECONOMY
Enable market access and create opportunities for underrepresented partners and communities.
- Products to Drive Change
- Economic Opportunity
- Community Banking & Solutions
- Small Business
- Affordable Housing
Clients and Partners
SUSTAINABLE SOLUTIONS
Help our clients meet their business and sustainability objectives.
- Responsible Investments
- Data, Analytics and Reporting
- Financial Infrastructure
Clients and Partners
TRUST
Continue to demonstrate responsible governance and risk management.
- Corporate Governance
- Risk Management
- Data Ethics
Managing For the Long Term
ENVIRONMENT
Account and prepare for climate-related risks in our operations, investments and client services, and responsibly manage our operational footprint.
- Managing Climate-related Impacts
- Environmental Sustainability
Managing For the Long Term
RESPONSIBLE BUSINESS
Maintain ethical operations and supply chain as we safeguard data, privacy and human rights.
- Compliance and Ethics
- Data Privacy
- Cyber Resilience
- Supply Chain
- Protecting Human Rights
Managing For the Long Term
PEOPLE AND COMMUNITIES
Promote a workplace and communities where people can thrive.
- Belonging and Inclusion
- Investing in Our People
- Empowering Our Communities
We believe that applying a sustainability approach across our enterprise, leveraging the rich diversity of our people, driving responsible business practices and strengthening communities directly supports BNY’s mission and our clients.”
— Meaghan Muldoon, BNY Chief Sustainability Officer
SUSTAINABILITY INITIATIVES
Impact Stories
At BNY, we prioritize understanding and managing our environmental footprint, look to promote a workplace where people can both thrive and support our communities, all while remaining a trusted partner to our clients and other stakeholders. Read the stories below to learn more about how we are working to further our sustainability goals.
AWARDS AND RECOGNITION
We are proud to be recognized around the world by leading indices, media, professional organizations and community groups.
Dow Jones Sustainability Indices (DJSI) inclusion, North America Index, 2023
10 consecutive years
Perfect score on the Human Rights Campaign Foundation's 2023/2024 Corporate Equality Index
16 consecutive years
FORTUNE magazine's
World's Most Admired Companies
27th year
FTSEGood Global Benchmark Index
13 consecutive years
2023 Bloomberg Gender Equality Index
6 consecutive years
Just 100
2 consecutive years