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Global Climate Action  

At the twenty-first session of the Conference of the Parties (COP 21) in Paris, it was agreed that mobilizing stronger and more ambitious climate action by all Parties and non-Party stakeholders is urgently required if the goals of the Paris Agreement are to be achieved.

In decision 1/CP.21, the commitments from all actors are recognized, including those launched through the Lima–Paris Action Agenda, as well as the urgent need to scale up the global response to climate change and support greater ambition from governments.

At COP 22 in Marrakech, a High-Level Event on Accelerating Climate Action was held to highlight outcomes from the Action Events throughout the conference and culminated with the launching of the Marrakech Partnership for Global Climate Action; a new framework to catalyse and support climate action.

NAZCA Tracking Climate Action

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7

BNY Mellon

United States of America

INDIVIDUAL ACTIONS (7)

Cover 100% of total energy consumption with renewable sources by 2015 through purchase of offsets and renewable energy credits

Renewable energy

Reduce operational CO2e emissions for owned or controlled corporate locations based in the US by 10% from 2008 to 2016

Emissions reduction

Offset CO2e emissions related to business travel from 2015 to 2017

Emissions reduction

Transport

Reduce operational CO2e emissions for owned or controlled corporate locations globally by 40% from 2008 to 2020

Emissions reduction

Eliminate operational CO2e emissions from 2015 to 2021 through direct emissions offsets and renewable energy purchases

Renewable energy

Once achieved, maintain carbon neutrality beyond 2040

Emissions reduction

Use an internal carbon price of USD 23.87

Use of carbon price