Partner in the Spotlight: BNY Mellon

Established in 2007 from the merger of Mellon Financial Corporation and The Bank of New York Company, Inc., BNY Mellon is a leading investment management and investment services company. A member of GVF since 2003, BNY Mellon is uniquely focused to help clients manage and move their financial assets and succeed in the rapidly changing global marketplace. Headquartered in New York, BNY Mellon has $25 trillion in assets under custody or administration and $1.2 trillion under management.

One of BNY Mellon’s seven Environmental Sustainability Commitments is to measure and reduce greenhouse gas emissions throughout all of their sites.

Recently, GVF has been working with BNY Mellon to assist with a transition of 200 employees from BNY Mellon’s subsidiary, Pershing, previously based in Malvern, Chester County, to the King of Prussia location on Moore Road. Additional employees meant additional parking was required. Although BNY Mellon restriped its parking lot and created 50 additional spaces, GVF is working with its transportation committee to encourage carpooling and biking as well, because of its close proximity to the Schuylkill Valley Trail. SEPTA’s Route 125 bus, which provides service between King of Prussia and Center City Philadelphia, stops directly in front of the building’s main entrance as well.

“Through our collaborative effort with GVF, we have been able to provide information to employees about alternative commuting options in the area that lesson the impact on both parking in the King of Prussia facility and our environment,” said Ken Knapp, Vice President, General Services & Corporate Real Estate, BNY Mellon. “We believe that small changes can make a big difference.”

For more information about BNY Mellon and its environmental commitment, visit http://www.bnymellon.com/about/environment.html.

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