BNY Mellon
Risk Level:
Summary:
Bank of New York Mellon (BNY Mellon) does not have discriminatory policies against industries, ideologies, or persons. It has not publicly terminated clients due to views or beliefs. However, the bank did fire a Christian employee allegedly due to disagreements over LGBTQ issues, and the resulting lawsuit ended in a settlement. The bank has pledged to vet vendors for LGBTQ policies and does not protect its employees from viewpoint discrimination. BNY Mellon provides travel benefits for abortion for employees while promoting pronoun usage and gender identity guidelines for employees to follow. The company does not discriminate against religious charities. For these reasons, BNY Mellon receives a "Medium Risk" rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
BNY Mellon received a perfect score of 100 on the Human Rights Campaign’s Corporate Equality Index (1). Among other requirements, this means the company has pledged to vet vendors for LGBTQ policies. Additionally, a BNY Mellon recruiter claims she was fired because she publicly said that her religious beliefs prohibited her from supporting the LGBTQ community outside the workplace. BNY Mellon, however, claims she was fired for unprofessional conduct after an altercation (2). The dispute ended in a settlement in October 2021 (3). The bank does not have discriminatory bans against industries, ideologies, or persons.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
BNY Mellon does not discriminate against religious organizations in its charitable giving (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
BNY Mellon does not protect its employees against viewpoint protection (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
BNY Mellon is a member of LGBT Great (1). The company also publishes “Transgender Guidelines” for employees to use pronouns, ask for pronouns, empower transgender employees to use restrooms and locker rooms of their choice, and provides an overview of the spectrum of gender identity, gender expression, biological sex, and sexual orientation (2).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Uses corporate political contributions for ideological, non-business purposes.
BNY Mellon has not used its PAC donations for ideological purposes (1).
All links were last accessed and all information was updated on:
March 21, 2023
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