BNY Mellon 2020 Enterprise ESG Report

1 2020 Enterprise ESG ReportPutting the Future FirstSM BNY Mellon Enterprise ESG 2 About This Report About This ReportThis is BNY Mellon s 14th Report covering environmental, social and governance (ESG) topics. Our annual updates in this Report are not just about our company s environmental and social impact, but also about how we view and integrate ESG considerations throughout our operations, leveraging opportunities and mitigating risks cross-functionally and across our lines of business. In recognition of our increasing focus on ESG considerations, we have transitioned from utilizing the Corporate social Responsibility or CSR terminology, to Enterprise ESG, the namesake of this Report .

2 We publish our Enterprise ESG Report annually, generally in the second quarter, on Unless otherwise noted, this Report includes data and activities from BNY Mellon s global operations for the calendar year 2020. Unless otherwise noted, all data is as of 12/31/2020 and covers The Bank of New York Mellon Corporation and its subsidiaries. The Report provides select data from past years in order to facilitate year-over-year Report supplements information in our 2020 Annual Report and 2021 Proxy is our 12th Report using the Global Reporting Initiative (GRI) Standards, a leading sustainability reporting framework.

3 We prepared the Report according to GRI Standards Comprehensive option. To provide transparency regarding the financial impacts of climate-related risks and opportunity, earlier this year BNY Mellon issued Considering Climate at BNY Mellon , which provides an outline of our work in this area, and our implementation of Task Force on Climate-related Financial Disclosures (TCFD) the GRI Index on page 82. 2020 ESG Awards and RecognitionDow Jones Sustainability North America Index (DJSI) 7 consecutive yearsCDP A List for climate management leadership 8 consecutive yearsFTSE4 Good Global Benchmark Index 9 consecutive yearsPerfect score on the Corporate Equality Index for LGBTQ workplace equality, Human Rights Campaign Foundation 14 consecutive yearsBloomberg Gender-Equality Index 6 consecutive yearsBNY Mellon Awards and Mellon Enterprise ESG 3 About This Report BNY Mellon Overview We power individuals and institutions to succeed across the financial the Financial World BNY Mellon powers the financial world and is driven to imagine what s possible, create it.

4 Then improve on it to unlock potential for all. Because the only way to ensure our clients continued success, and that of the industry, is to search constantly, ask every question, and above Everything. Our ValuesA Passion for Excellence, Integrity, Strength in Diversity and Courage to Lead these values guide all of our actions. They underscore our commitment to be a client-focused, trusted financial institution driven by an empowered global team dedicated to outperforming in every market we HistoryWe ve been at the forefront of change in the financial world for over 230 years. We have weathered times of calm and crisis, and we have done it by adapting, refining and consistently improving our services.

5 That spirit of discovery has enabled us to stay ahead of the curve and deliver maximum success for our clients yesterday, today and tomorrow. Our Global Reach Assets Under Management $ * trillionAssets Under Custody and/or Administration $ * trillionGlobal Reach 35 countries 37% of 2020 revenue generated outside United StatesWorkforce 48,500 employees49% based outside United StatesClient Franchise**70% of Fortune 500 companies93% of the top 100 investment managers worldwide 84% of the top 100 pension and employee benefits plan sponsors* As of March 31, 2021** Fortune 500: Fortune, Time Inc.

6 2020; Investment Managers, Pensions and Employee Benefits: Pensions & Investments, P&I Crain Communications Inc. 2020; BNY Mellon client data as of February 2020 BNY Mellon Enterprise ESG 4 About This Report Table of ContentsMessage From Our CEO 5 Our Approach 6 Powering a New Era of ESG 7 Future FirstSM ESG 8 Enterprise ESG Goals and Progress 11 Enterprise ESG Governance 14 Culture and Purpose 16 Diversity, Equity and Inclusion 17 Leadership and Development 26 Employee Engagement and Wellbeing 29 Our Community Impact 34 Responsible Business 38 Risk Management 39 Digital Transformation 47 Strong Governance 50 ESG Client Solutions 54 Global Citizenship 69 Environmental Sustainability 70 Supply Chain 74 Advocacy and Political Engagement 76 Protecting Human Rights 79 Global Reporting Initiative (GRI)

7 Index 81 Legal Notices 103 BNY Mellon Enterprise ESG 5 About This ReportMessage From Our CEOA statement from Todd Gibbons, Chief Executive Officer, BNY MellonThere is no question that 2020 was a year that will forever have a profound effect on society as we consider the gravity of COVID-19 and social justice movements around the globe. As we look ahead to a sustainable future, it is essential that BNY Mellon uses its reach, market influence and resources to address these, and other pressing global environmental, social and governance (ESG) issues. We will continue to work toward ensuring we have a positive impact on society and the environment, and that we help our clients invest and operate responsibly.

8 In my conversations with BNY Mellon s stakeholders, including clients, investors and employees, ESG is nearly always on the agenda. As a major global financial institution, we have touchpoints across the entire investment value chain and are therefore uniquely positioned to provide ESG solutions to serve a broad range of clients. Clients across the globe rely on our responsible investment options and advice, ESG data analytics, and end-to-end ESG financing and payments solutions to help them successfully address their ESG are committed to putting the Future FirstSM not just to power success today, but also to help safeguard the future.

9 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. As I indicated in our Considering Climate at BNY Mellon Report , we are formalizing our process to integrate ESG, with a focus on climate change impacts, into the way we do business.

10 This Enterprise ESG Report outlines our progress toward that formalization, which began in 2020. A selection of those milestones includes: Incorporated ESG-related Executive Committee goals, personally by each member, into performance measures sending a clear signal that ESG is embedded in every area of our company Set concrete representation goals in the to step up progress in our most underrepresented ethnic/racial talent populations (Black and Latinx) by year-end 2023 Administered 100 new green bond issuances, totaling $ billion, making us the leading trustee in green bonds by deal volume for the second consecutive year* Developed our ESG Data Analytics Application, a cloud-based app that mass-customizes investment portfolios to clients individual ESG factor preferences, providing patent-pending crowdsourced guidance around preferred ESG factors and the materiality of specific data setsAt BNY Mellon , we are committed to operating as a sustainable.