Bank of New York Mellon Corp/The

The Committee shall provide oversight of the Corporation's operations and programs regarding: \n \n* strategic philanthropy and employee community involvement;\n* public policy and advocacy, including lobbying and political contributions;\n* environmental management;\n* corporate social responsibility of suppliers;\n* human rights, as reflected in the Corporation's policies and actions toward employees, suppliers, clients and communities;\n* compliance with Community Reinvestment Act (CRA) and Fair Lending laws, including review of CRA examination reports, Fair Lending reports provided by federal and state examiners and related internal reports provided by management; and\n* corporate social responsibility governance and reporting

### Oversight

The BNY Public Policy and Government Affairs team is responsible for overseeing political activity by or on behalf of BNY, including administration of the Political Action Committees (PACs). All political activity is done in furtherance of BNY business strategies and in the best interests of the company. The PPGA team reports to the General Counsel and is overseen by the Board of Directors Corporate Governance, Nominating and Social Responsibility (CGNSR) Committee. The group provides regular updates (at least semi-annually) to the CGNSR Committee to set engagement strategy, receive feedback and maintain alignment with business priorities. [...] ### Compliance

Employees are not reimbursed or compensated in any way for attending political events, engaging in political activities, or making political contributions (either personally or to the BNY Employee Funded PACs.) Employees engaging in political activities, except for official BNY responsibilities, must do so on their own time and use their own resources. Our Compliance Department reviews all individual employee contributions that may be affected by federal, state, or local "pay-to-play" laws including SEC Rule 206(4)-5, MSRB Rule G-37 and CFTC Rule 23.451. Employees covered by such restrictions have been identified by BNY and are subject to pre-clearance requirements. Employees who wish to accept an appointment to public office or file as a candidate for election must first obtain approval consistent with BNY policy to avoid any conflict of interest.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Formal communications with industry groups and policy makers are generally reviewed, approved and overseen by BNY Mellon's Corporate Communications and Government Affairs groups to ensure consistency with policies and climate change strategy. Key internal resource expertise, including from the Enterprise ESG and sustainability groups are consulted to provide specific guidance and oversight as appropriate to ensure consistency with the overarching climate change strategy and Corporate Social Responsibility program and objectives.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Formal communications with policy makers are generally reviewed, approved and overseen by BNY Mellon's Government Affairs and Corporate Communications groups to ensure consistency with policies and climate change strategy. Key internal resource expertise, including from the Enterprise ESG and sustainability groups are consulted to provide specific guidance and oversight as appropriate to ensure consistency with the overarching sustainability strategy and Enterprise ESG program and objectives.