Many of our clients seek to shape their investment strategies around social or environmental values. We provide numerous resources to help them meet goals, including product offerings and education as we manage a growing volume of ESG business. We provide socially responsible investments capabilities in both our Investment Management and Investment Services businesses.
Our socially responsible investment (SRI) offerings range from ESG screening to full integration and issue engagement. In 2013, we developed an SRI product gap analysis framework so that our individual boutiques can continue to build their product offerings to meet client needs. Six of our affiliated boutiques are signatories to the United Nations Principles for Responsible Investment.
We discuss our ESG screening offerings with both existing and prospective clients, and promote these capabilities in industry publications. The number of clients using our ESG screening services grew by nearly 26 percent in 2013. Our Corporate Trust business administers ESG-related financial products including custody of carbon credits, environmental trusts and escrows, social housing bonds and insurance-linked securities.
Although BNY Mellon is not active in project financing, we recognize the need to apply social and environmental criteria to lending activities related to large-scale infrastructure projects. While we have no current plans to change the scope of our activities, our lending guidelines reflect a framework consistent with the Equator Principles. Our lending professionals will be required to follow these guidelines for any future project finance activities. We have also evaluated our lending portfolio against guidelines based on the Equator Principles to determine our exposure to potential social and environmental risk through non-project finance lending activities. This 2012 evaluation revealed a minimal level of environmental and social risks based on these guidelines.
Investing responsibly in the global communities where we operate is the right thing to do and helps meet our business objectives. Our efforts also comply with all applicable local laws, including the 1977 U.S. Community Reinvestment Act (CRA), which encourages commercial banks to help meet the needs of borrowers in low- and moderate-income neighborhoods.
Our most recent federal Community Reinvestment Act examinations earned our banks the following ratings: