At BNY Mellon, we believe transparency and accountability promote healthy, stable financial markets. As the Investments Company for the World, we are an engine for the global financial markets. Our diversity powers our company, fuels progress and prosperity and drives our mission to improve lives through investing.
In the UK, we are helping the financial services industry to build a diverse, dynamic and world-wide workforce through public diversity goals. BNY Mellon has signed the UK’s Women in Finance Charter – an undertaking by the members of BNY Mellon’s Europe, Middle East and Africa Chairman’s Forum that, by December 2017, a minimum of 30 per cent of all hires in the region will be women and/or diverse across all job levels. Our regional workforce* stands at 27 per cent women in senior positions and we are aspiring to reach 30% by 2018.
This effort is just one aspect of our commitment to diversity in the EMEA region. Across our offices in EMEA, BNY Mellon is invested in people, fostering a highly inclusive workplace that empowers employees to reach their full potential.
BNY Mellon’s Workplace Excellence programme is transforming our workplaces into efficient, collaborative spaces that support agility and provide employees with an opportunity to balance their work schedules with family and/or personal commitments.
Our six Employee Resource Groups support our diverse workforce and help ensure that a wide range of perspectives and rich experience propel our innovation, contributing to our performance and ultimately our clients’ success.
For our senior leaders, diversity is a business imperative. Goal setting has been effective in advancing diversity and inclusion at BNY Mellon and proactively building a diverse workforce. By publically disclosing our UK diversity goal, we are striving to promote transparency, continuously improve and hold ourselves accountable to accelerate change.
As the Investments Company for the World, we strive to promote diversity across the industry, inspiring our peer companies to also share their own goals and strategies. The progress made in our industry over the past decade demonstrates the transformation that occurs through collaboration and partnership. We will publish progress against our goals and share the strategies and best practices that are advancing our diversity and inclusion journey on an annual basis.
Find out more about how we are investing in diversity, inclusion and innovation and hear from our employees on how they are improving lives through investing.
* As at 31 December 2015
Over the last year, we have laid the foundation for a number of sustainable programmes and initiatives, which we believe will result in positive outcomes in increasing senior female representation across BNY Mellon in Europe Middle East and Africa. Since signing the Charter in July 2016, we have increased focus on talent acquisition initiatives and programmes including the establishment of gender hiring measurements.
The benefit of these efforts have been realised and we are pleased to report that we have met our goal of hiring a minimum of 30 per cent women and/or diverse talent across all job levels, ahead of the target date of December 2017. BNY Mellon is invested in people. As we move forward, we recognise more needs to be done to achieve our second target of 30 per cent senior female representation in our existing workforce across the region by 2018.
We plan to review the foundation laid this year and, if appropriate, build additional long-term programmes, which will enable significant improvements to our gender diversity at the most senior levels.
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At BNY Mellon, corporate social responsibility (CSR) helps us contribute solutions to some of the world's greatest challenges. Learn about our CSR strategy and achievements in 2016.Read More About The CSR Report
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Report shows narrowing the global gender gap in just five sectors could unlock $300 billion in incremental annual spending by 2025.Read More About The Gender Gap