The U.S. Environmental Protection Agency has named BNY Mellon to its National Top 100 list of the largest green power users from the Green Power Partnership. BNY Mellon appears at number 22 for its use of more than 290 million kilowatt-hours (kWh) of green power annually, moving up five spots from 2015. BNY Mellon’s green power usage covers 100% of its power needs and is equivalent to the electricity use of nearly 27,000 average American homes annually1. BNY Mellon also appears at number 12 on the EPA’s Fortune 500® list and ranks second among financial services firms.
The EPA selected the National Top 100 list based on the amount of renewable energy purchased and produced by each organization.
"EPA applauds BNY Mellon for its commitment to using green power and for taking a leadership position on the environment, setting a stellar example for other financial institutions," said James Critchfield, Manager of the Green Power Partnership.
Earlier this year, BNY Mellon announced that it was carbon neutral for 20152 and has a strategy in place to remain carbon neutral in 2016 and beyond. As part of that program, it purchased U.S. Renewable Energy Credits, which the EPA considered in its rankings. Additionally, BNY Mellon continues to operate a solar array at its location in Everett, Massachusetts and is currently evaluating other onsite generation opportunities across its global real estate portfolio.
“Our support for renewable energy generation and use of green power is a reflection of our commitment to building on our environmental management performance,” said Carol Britton, Chief Operating Officer of Corporate Services at BNY Mellon. “We recognize that we have a responsibility to our clients, people and communities to foster both business and environmental sustainability. We’re pleased to be recognized by the EPA for our work to advance a low-carbon future.”
Read BNY Mellon’s CSR Report to learn more about its commitment to climate change leadership and environmental management.
1According to the U.S. EPA
2For scope 1 and scope 2, as well as scope 3 business travel greenhouse gas (GHG) emissions