Responsible
Investment (RI) facts
Our vision
Hanneke Smits CEO,
BNY Mellon Investment Management
Hanneke Smits CEO,
BNY Mellon Investment Management
We are trusted stewards of our clients’ assets
Creating prosperity for our clients while supporting companies we believe offer a sustainable future is a shared objective across BNY Mellon Investment Management. Using ESG data alongside conventional financial factors, our specialist investment firms analyse multiple perspectives to identify the opportunities they believe can deliver long-term value.
As one of the largest asset managers in the world we are a significant part of the financial system. We strive to respond to the most pressing global issues – social as well as financial. We are invested in the well-being of the world. To do so we engage with companies to create more effective risk management, responsible capital allocation and more sustainable business practices to generate greater benefits for our societies, economies and the environment.
Because we believe in being responsible. Because it is investing as it should be.
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The Pathway to Inclusive Investment
Our global research reveals why women’s investment matters.
Our credentials
We’re ready
Our history in responsible investing dates back more than 40 years. Our investment firms are industry leaders. For decades they have been concerned with, and interested in, the repercussions diversity, the environment and labour practices can have on the profitability and longevity of the companies in which they invest. Despite the wealth of experience we possess, we recognise Responsible Investment is still in its infancy – a nascent trend consuming our industry. Here’s why we’re prepared.
Our investment firms
Our specialist investment firms have their own individual investment processes and culture. Yet we all have a core belief in common – that investing responsibly on behalf of our clients will help us to create the world and the future we all wish to see.
Alcentra’s ESG policy was developed in 2016 and the group was an early adopter in its use analysing sub-IG credit.
Alcentra became a signatory of the PRI in June 2018 and are subject to its reporting standards and requirements.
Developed the proprietary Prime corporate ESG ratings, which covers 9,526 different entities in total; compromising 2,943 distinct issuers of debt, and 749,125 subsidiaries of the latter.
Awarded A+ ratings across fixed income categories in the PRI survey including corporate and sovereign debt.
RESPONSIBLE INVESTMENT FUNDS
Responsible Horizons UK Corporate Bond Fund
Source: Source: Insight as at 31 December 2021.
Assets under management (AUM) are represented by the value of cash securities and other economic exposure managed for clients
128,178
12,862
Number of meetings Mellon held with companies from January 2021 to November 2021, across 69 countries.
Mellon leverages its “Quantamental” framework and proprietary rating system to embed ESG considerations in its investment process for its fundamentally driven equity strategies7. Using the framework enables Mellon to assess what its managers view as a company’s intrinsic value.
Mellon’s ESG rating framework bridges the gap between raw ESG data and fundamental analysis to create a nuanced picture of potentially investable companies (based on standard ESG weightings).
Source: Mellon as at 30 November 2021.
Proxy voters in the UK since 1978.
Newton Investment Management (Newton) has its own responsible investment team dedicated to carrying out ESG research.
RESPONSIBLE INVESTMENT FUNDS
BNY Mellon Sustainable Global Equity Fund
BNY Mellon Sustainable Global Equity Income Fund
BNY Mellon Sustainable
Real Return
Fund
BNY Mellon Sustainable Global Dynamic Bond Fund
BNY Mellon Sustainable Global Equity Fund
BNY Mellon Sustainable Global Equity Income Fund
BNY Mellon Sustainable Real Return Fund
BNY Mellon Sustainable Global Dynamic Bond Fund
Source: Newton as at 30 March 2021.
* This assessment relates only to Newton Investment Management Ltd (the UK-based entity)
Unique team structure means every investment manager has responsibility for ESG analysis.
A PRI signatory since 2017 with a 2020 rating of A+, A, A.
Source: Walter Scott as at 31st March 2021.
Our corporate credentials
We are committed to putting the Future FirstSM — not just to power success today, but also to help safeguard the future. At the corporate global level, we strive to contribute to sustainable economic growth that helps protect healthy markets; enhances our own business resiliency and longevity; and aims to deliver positive impact for key stakeholders, including clients, employees, shareholders and communities. We embrace this responsibility with great accountability, transparency and integrity, and it permeates every aspect of our culture.”
Todd Gibbons,
Chairman and Chief Executive Officer
GOVERNANCE
33% Women on board of directors.
Workplace equality
100% Perfect score on the Human Rights Campaign Foundation Corporate Equality Index.
Learning culture
690,000 hours of learning modules for employees given annually.
GENDER PAY GAP
Pay women more. Promote women higher.
Workplace equality
100% Perfect score on the Human Rights Campaign Foundation Corporate Equality Index.
Learning culture
690,000 hours of learning modules for employees given annually.
GENDER PAY GAP
Pay women more than 99% of what men are paid, globally.
Workplace equality
100% Perfect score on the Human Rights Campaign Foundation Corporate Equality Index.
Learning culture
690,000 hours of learning modules for employees given annually.
This Overview supplements information published in the BNY Mellon Corporate Social Responsibility Report. All data is at 31st December 2019 unless stated otherwise. Read our latest report here
Responsible Investing Funds and Strategies
Sustainable Funds from Newton
Responsible Horizons funds from Insight
Our Responsible Investment Funds
- Responsible Horizons UK Corporate Bond Fund
- BNY Mellon Sustainable Sterling Bond Fund
- BNY Mellon Sustainable Global Equity Fund
- BNY Mellon Sustainable Global Equity Income Fund
- BNY Mellon Sustainable Real Return Fund
- BNY Mellon Sustainable Global Dynamic Bond Fund
- Insight's Fallen Angels Beta Plus Strategy
Articles
Products and solutions
Sustainable Funds from Newton
Responsible Horizons funds from Insight
Our Responsible Investment Funds
- Responsible Horizons UK Corporate Bond Fund
- BNY Mellon Sustainable Sterling Bond Fund
- BNY Mellon Sustainable Global Equity Fund
- BNY Mellon Sustainable Global Equity Income Fund
- BNY Mellon Sustainable Real Return Fund
- BNY Mellon Sustainable Global Dynamic Bond Fund
- Insight's Fallen Angels Beta Plus Strategy
policy statment
Responsible Investment Policy Statement
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Please refer to the prospectus and the KIID before making any investment decisions. Documents are available in English and an official language of the jurisdictions in which the Fund is registered for public sale. Go to fund-centre.
1Source: BNY Mellon Investment Management, incorporating engagement figures from Newton, Walter Scott and Insight as at 31 December 2020.
2UN PRI = UN Principles of Responsible Investment. Source; BNY Mellon Investment Management, Alcentra, Insight, Mellon, Newton, Siguler Guff, and Walter Scott—are PRI signatories, with Insight signing as a founder member from 2006, followed shortly thereafter by Newton. Between them, these firms oversee over 80% of BNY Mellon’s total assets under management.
3Source: BNY Mellon, For Scope 1 and Scope 2 greenhouse gas emissions, including our data centers, as well as Scope 3 business travel emissions.
4As at the 30 September 2021..
5Insight Investment uses impact bonds as an umbrella term for fixed income issuances the proceeds of which are dedicated solely to projects intended to meet environmental or social criteria. This encompasses the universe of bonds referred to as green or sustainable as well as more specific outcome-oriented issuances such as blue, gender and transition bonds.
6Source: Mellon as at 30 November 2021.
7With the exception of stable value and cash.
8As at the 30 September 2021.
9For Scope 1 and Scope 2 green house gas emissions including our data centers, as well as Scope 3 business travel emissions. As at 31 December 2020.
10Since 2008, excluding data centers. For source data, please see: www.bnymellon.com/globalimpact.
11Includes value of pro bono volunteerism, in kind donations, grants and charitable sponsorships made by BNY Mellon and employee donations to charities that qualify for our matching program.
Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Managers Limited (BNYMFM), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.
392355 EXP 12 July 2022
