BNY Mellon Creates ESG Solution for Global Clients

Great to see American investment #banking services firm BNY Mellon’s newest data analytics #innovation, launched yesterday. A reflection of the #financialservices' community's ability to support #sustainability transition, the new solution enables global collateral clients to now incorporate #environmental, #social and #governance (ESG) principles in their decision-making through BNY Mellon's electronic collateral schedule manager, RULE.

The new functionality, which levers MSCI ESG ratings, allows clients to apply #ESG scores to collateral eligibility schedules. Armed with the knowledge, they can, then, either accept or reject securities as collateral pending their #sustainable #investment goals.

The financial services community’s active engagement in #sustainability transition is paramount to progress.  Here’s to BNY Mellon and others who are driving solutions that drive change.

#betterbusiness #business #leadership