BNY Mellon Releases 2009 Corporate Social Responsibility Report

Company's Leadership Detailed in Practices that Benefit Employees, Communities and Environment

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Apr 22, 2010, 07:54 ET

NEW YORK, April 22 /PRNewswire-FirstCall/ -- BNY Mellon, the global leader in asset management and securities servicing, today released its annual Corporate Social Responsibility (CSR) report at www.bnymellon.com/csr. The online report offers a comprehensive accounting of its global CSR-related programs, performance, leadership and progress and covers strategic focus areas such as employees, community and environment.

"Our employees around the world share a common commitment to making a lasting impact in the lives of others and in the communities where we live and work," said Chairman and Chief Executive Officer Robert P. Kelly. "Corporate social responsibility is fundamental to our culture. Our report not only demonstrates how we connect with our employees, communities and the environment globally, but also how we hold ourselves accountable for monitoring and measuring the impact and effectiveness of our CSR initiatives."

The 2009 CSR report, "Strong History. Stronger Future," describes initiatives and programs that:

Maximize and protect shareholder value
Exceed client expectations
Build a positive work environment for a diverse and highly engaged employee workforce
Provide vital community support with an emphasis on basic needs and workforce development
Sustain the environment and strengthen socially responsible supplier relationships

Through examples and analysis which closely connect with guidelines established by the Global Reporting Initiative* (GRI), the report shows how the company's comprehensive policies, strategies, and governance actions are applicable globally and regionally.

In 2009, BNY Mellon achieved many milestones, including:

Achieving first-quartile employee engagement scores a year ahead of its goal;
Maintaining top rankings for client service;
Growing community support to $32 million, despite a continuing difficult economic climate, through increases in grants and sponsorships, as well additional employee support through its Community Partnership program; and
Being recognized as a leader in conserving energy use and decreasing greenhouse gas emissions, as well as increasing its investments in alternative energy.

To view the full 2009 CSR report, a condensed highlights report or customized reports for its major global employment regions, visit bnymellon.com/csr.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Additional information is available at www.bnymellon.com.

* Editor's Note: The Global Reporting Initiative or GRI is the most widely used framework for communicating sustainability performance. For information, visit www.globalreporting.org.

SOURCE BNY Mellon