Ralph Izzo

Ralph Izzo

Board Member at Bank of New York Mellon
Company Tenure: 4 years
Education:
Columbia University (B.S.) Columbia University (M.S.) Rutgers University (M.B.A.) Columbia University (Ph.D.)
Biography:

Ralph Izzo serves as a Board Member at Bank of New York Mellon. Headquartered in New York, NY, Izzo has served on the board for 4 years. Izzo holds a B.S., M.S., and Ph.D. from Columbia University, as well as an M.B.A. from Rutgers Business School. Additionally, he has engaged in political giving, donating $16,650 to Republican causes and $28,650 to Democrat causes.

Profile Details

Total Political Contributions More information

Republican Support
Democratic Support
$16,650 $28,650

Affiliated Companies

Key Statements

"We are tireless advocates for congressional action on climate change, preferably with the price on carbon. But even if that can't be done. Explicitly, certainly through the climate provisions of the build back better legislation and the tax incentives that will help stimulate further investment in the nation. So this is a long term commitment. One that we began several decades ago. Under President Clinton's call to reduce carbon and one that we're convinced we will be committed to for decades to come."

"Well, first of all, fortunately, they're a shrinking and almost extinct group of people. What I would say to them is, did you notice the heat wave in the Pacific Northwest? Have you noticed the fact that every year we have the worst wildfires we've ever experienced before in California? Have you noticed the deep freeze in Texas? Have you noticed tornadoes in the Mid Atlantic region? Things that we're just never experienced before. If you need any more proof than those events that climate change is real, I don't know that you'll ever be convinced. But fortunately, the world isn't waiting for the climate deniers."

"I forget the exact number, Steve, but there's like $30 trillion of assets under management for folks that have what are called environmentally, socially or governance, sophisticated operations, ESG companies. In my industry, if you have strong ESG credentials. And the biggest part of the e is environment, which is all about climate change. You're valued at ten to 20% higher than other companies. So investors are demanding this. Our youth is demanding this. Many of our customers are demanding this. So if there's still a small group of folks denying it, they are shrinking."

"It should be on the verge of a renaissance in light of what climate change means to the planet and this country. But we've had a complete failure at the federal level in recognizing what needs to be done to battle climate change."