Company Harnesses Frosty Upstate Winter Air for Data Cooling Needs and Focuses on Lighting
NEW YORK, June 29, 2011 — BNY Mellon, the global leader in investment management and investment servicing, announced that its office building in Oriskany, New York, has been awarded the ENERGY STAR certification from the U.S. Environmental Protection Agency for superior energy efficiency and a building-wide energy management strategy. BNY Mellon employs more than 700 people at the transaction-intensive Oriskany location, which provides 24/7 support for the global financial services firm.
"We are honored that our efforts have resulted in achieving another new ENERGY STAR designation, the gold standard for energy conservation," said Frank Behlmer, executive vice president and chief operating officer of Global Operations, BNY Mellon.
Key to BNY Mellon's broader environmental sustainability strategy, the new designation boosts the company's portfolio of ENERGY STAR-certified properties to 4.2 million square feet, or about 52 percent of its owned and controlled real estate. Commercial buildings that earn the ENERGY STAR label on average use 35 percent less energy and generate 35 percent less carbon dioxide than otherwise comparable buildings.
"Our strategic focus enables us to use our resources in a socially responsible way," said Chip Logan, BNY Mellon's director of corporate facilities services and sustainability. "These sustainability and energy management strategies are powerful because they help reduce overall operating costs while reducing our carbon emissions."
The building's year-round peak performance and energy efficiency can be attributed to:
Also, during the colder winter months, the company uses Liebert's Econ-o-Cool® technology to harness the winter air for its data cooling needs, instead of standard mechanical air conditioning. When the inside temperature reaches the thermostat set point, the unit siphons in the cool air, reducing the need for air conditioning.
BNY Mellon's commitment to environmental sustainability extends corporate-wide and since 2007, the global financial services firm has launched a series of successful sustainability initiatives with a focus on its owned and controlled properties, as well as new environmental products and services for the markets. In January 2010, the company announced a landmark, five-year investment in renewable energy equivalent to 225 million kilo-watt-hours (kWh) annually, or 75 percent of BNY Mellon's U.S. electric utility use.
BNY Mellon (NYSE: BK) is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com/csr.