Collaboration Will Initially Focus on
Advancing Growth in ESG and Sustainable Investing
CHICAGO and NEW
YORK, April 14, 2022 /PRNewswire/ -- Aon
plc and The Bank of New York Mellon Corporation today
announced a multi-faceted data and digital collaboration that will
leverage the power and unique capabilities of both organizations to
create new solutions to address evolving client needs. Together,
Aon and BNY Mellon will focus on supporting the Environmental,
Social and Governance (ESG) needs of clients globally, leveraging
both firms' collective ESG data and analytics capabilities and
unique data sets. In addition, Aon and BNY Mellon will explore
opportunities to further enhance solutions in the areas of digital
assets and data and analytics, as client needs continue to
evolve.
Corporations, institutional asset managers and investors alike
are increasingly focused on issues related to ESG, and the impact
they have on both corporate performance and sustainable investing
objectives. Through this new collaboration, Aon and BNY Mellon will
work together to help clients make better, more-informed investment
strategy decisions by providing enhanced data sets, advanced
analytics and actionable insights into ESG portfolio-level
exposures.
"As we help clients manage and mitigate all forms of risk,
including those associated with ESG efforts, we understand the most
crucial economic and investment risks and opportunities facing
institutional investors. We are excited to collaborate with BNY
Mellon to further enhance how we are helping our clients make
better decisions that impact their business and society," said
Greg Case, chief executive officer
of Aon.
"We are very pleased to be working together with Aon on this
initiative. This demonstrates BNY Mellon's commitment to putting
the Future FirstSM by using our global reach,
influence and resources to help inform and support institutional
ESG goals," said Todd Gibbons, chief
executive officer of BNY Mellon. "As one of the world's largest
asset servicers— with scale and significance at the heart of the
financial system and touchpoints across the entire financial value
chain— we have an exceptional view of ESG trends. This provides us
with a unique vantage point to establish an ecosystem focused on
ESG that offers clients innovative solutions based on market best
practices."
This collaboration will streamline Aon's portfolio management
and research process by enhancing net-zero reporting transparency.
BNY Mellon and Aon are exploring opportunities to make Aon's
proprietary ESG fund ratings available to asset owners, allowing
them to better understand how asset managers are incorporating ESG
into their investments, operations and organizational processes to
help make better-informed decisions.
Learn more about Aon's solutions here. For more information on
BNY Mellon's ESG Data and Analytics solutions, visit here.
About Aon
Aon plc (NYSE: AON) exists to shape
decisions for the better — to protect and enrich the lives of
people around the world. Our colleagues provide our clients in over
120 countries with advice and solutions that give them the clarity
and confidence to make better decisions to protect and grow their
business.
Follow Aon on Twitter and LinkedIn. Stay
up-to-date by visiting the Aon Newsroom and sign up for
News Alerts here.
About BNY Mellon
BNY Mellon is a global investments
company dedicated to helping its clients manage and service their
financial assets throughout the investment lifecycle. Whether
providing financial services for institutions, corporations or
individual investors, BNY Mellon delivers informed investment and
wealth management and investment services in 35 countries. As of
Dec. 31, 2021, BNY Mellon had
$46.7 trillion in assets under
custody and/or administration, and $2.4
trillion in assets under management. BNY Mellon can act as a
single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. BNY Mellon
is the corporate brand of The Bank of New York Mellon Corporation
(NYSE: BK). Additional information is available on
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the latest company
news.
Media Contacts:
Aon
Nadine Youssef
nadine.youssef@aon.com
+1 312 381 3024
BNY Mellon
Paul
Patella
paul.patella@bnymellon.com
P: +1 212 635 1378
M: +1 914 645 8662
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SOURCE Aon plc