Bank of New York Mellon

Walter Scott & Partners, Newton Investment Management
New York, New York
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Bank of New York Mellon (BNY Mellon) is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. BNY Mellon embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Bank of New York Mellon

Robin Vince

Robin Vince

Summary:

Headquartered in New York, New York, Bank of New York Mellon is a member of the Fortune 250 operating in the Diversified Financials industry. Robin Vince and Joseph J. Echevarria serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $66,900 to Republican causes and $321,851 to Democratic causes. Under their tenure, Bank of New York Mellon currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$66,900

$321,851

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/9/24Bowyer ResearchStockholder propoal entitled: Regarding Report on Risks of Politicized De-BankingAgainstN/A
4/9/24John CheveddenStockholder proposal entitled: "Transparency in Lobbying"AgainstN/A
4/12/23GovernanceJohn CheveddenRequire Shareholder Approval of Termination PayAgainst11.70%
4/12/22GovernanceKenneth SteinerSpecial Meetings - Reduce Ownership Req. to 10%Against38.12%
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