BNY Mellon / Pershing
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Lack of specific ESG goals among investors.
- Need for deeper expertise in ESG disciplines.
- Lack of widespread evidence that ESG strategies deliver competitive returns.
- Limited formal allocation to ESG strategies (only 4% via asset allocation buckets).
- Lack of ESG goal measurement (only 17% of investors measuring progress).
Mitigation Strategies
- Growing investor plans to expand ESG resourcing (37% plan to grow expertise).
- Increasing formality around ESG investing (27% hashing out ESG metrics).