Board-Ratified Goals Lay Out Plan to Drive CSR Integration and Growth
BNY Mellon launched its new set of long-term Corporate Social Responsibility (CSR) goals for 2016-2020 in its latest CSR Report, released today. The goals reflect the tremendous commitment BNY Mellon has made to further integrate CSR within its business and culture and lay out a plan for continued growth. They’re designed to drive results against BNY Mellon’s CSR strategy, emphasizing alignment with the business areas most able to benefit from CSR oversight, flexibility and measurement. The firm’s CSR strategy focuses its efforts on the areas where it can have the greatest impact through three pillars: Market Integrity, Our People and Our World. Based on BNY Mellon’s 2014 materiality refresh, the 2016-2020 goals incorporate an increased focus on risk, excellent talent, investment in employees, social finance and environmental management. View the full report and new long-term goals at www.bnymellon.com/csr.
These new commitments have been integrated into BNY Mellon’s executives’ performance objectives, further strengthening executive ownership and accountability at the highest levels of the organization. The long-term goals were reviewed and ratified by the CSR Committee of the Board of Directors, which will review progress against the goals on a quarterly basis.
“At BNY Mellon, we’re invested in improving lives – an aspiration that motivates us to maintain the highest standards of client focus, integrity, teamwork and excellence. We believe that our CSR practices help us to show meaningful achievement across these ambitions,” said Jyoti Chopra, Head of Global Citizenship and Sustainability. “We’re proud of our accomplishments since 2011, and our 2020 CSR goals build on that momentum, positioning us well to drive innovation and shared value for our stakeholders and society at large.”
BNY Mellon’s 2015 CSR Report also highlights notable achievements from its 2011-2015 goals:
To see more from BNY Mellon about how it’s improving lives through investing, follow the hashtag #WeAreInvested on Twitter.
1As of December 31, 2015