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BNY Mellon Collaborates with Yale Initiative on Sustainable Finance to Further ESG Research


BNY Mellon is proud to collaborate with the Yale Initiative on Sustainable Finance (YISF), a joint program between the Yale Center for Environmental Law and Policy (YCELP) and the Yale Center for Business and the Environment (CBEY). Recognizing the role that private sector flows will play in moving society toward a more sustainable future, Yale University launched the YISF to provide research on the flow of capital into sustainability-oriented projects and sustainable companies. This collaboration reflects our shared goal to address the challenges of integrating sustainability concerns into financial markets and investment decisions. BNY Mellon will support YISF’s ongoing research agenda that includes exploring the relationship between ESG metrics and financial performance, helping to solve issues with ESG data through investor grade ESG metrics, to name a few themes.

“We are excited to support the Yale Initiative on Sustainable Finance and its ongoing research agenda to help address the need for quality, relevant, and transparent ESG information,” said Charles Teschner, Head of Data and Analytics Solutions at BNY Mellon. “Sustainability is embraced and embedded in our corporate DNA and we are mindful of the impacts that our business has on the environment and society. Our clients have expressed a strong desire to have more sustainability resources to help support their growth agendas. We look forward to supporting YISF’s research agenda which will help benefit the ESG interests of asset owners and institutional investors. It will also help address the interests of corporates and issuers in depositary receipts.”   

BNY Mellon takes sustainability very seriously and is also making a donation in support of YISF’s research agenda related to ESG metrics, including the development of tools for assessing financial risk. Additionally, BNY Mellon is pleased to be the exclusive platinum sponsor for YISF’s symposia taking place November 5, in New Haven, Connecticut – and which this year, will focus on sustainable banking and finance. Each year, YISF hosts a symposia that leverages leading research from academics and practitioners to explore practical solutions to current ESG investing challenges. Industry leaders and experts will gather to discuss the integration of ESG factors into traditional and non-traditional investment products including bonds, loans, and blended finance vehicles, and more.

“The Yale Initiative for Sustainable Finance team is excited about the opportunity to work with a global leader like BNY Mellon on our shared agenda of developing a better understanding of how capital flows and how the finance sector can contribute to a sustainable future,” said Dan Esty, Hillhouse Professor of Environmental Law & Policy at Yale. “Sustainability-minded investors are eager for stronger, more consistent reporting to aid in their decisions, and at YISF one of our aims is to explore innovative new reporting systems that could better inform companies and investors.”

Additionally, we are pleased to have Professor Esty join us on a BNY Mellon Future FirstSM Forum panel about “Achieving Social Impact Goals and Transformation Powered by People.” The discussion will explore how asset owners and investors can effectively factor socio-economic inequality as financial risk, and conversely, identify high-performing companies with diverse and collaborative workforces. To learn more about the inaugural Future FirstSM Forum that will bring together BNY Mellon experts and other thought leaders to discuss how the industry is working, investing and collaborating to safeguard a more sustainable future, please visit here.

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