BNY Mellon Investment Boutique Emphasizes Commitment to Incorporating Environmental, Social and Corporate Governance Issues into Investment Process

NEW YORK and LONDON, August 20, 2013 — Mellon Capital Management, a multi-asset manager for BNY Mellon, has become a signatory to the United Nations-Backed Principles for Responsible Investment (UN PRI), underlining its commitment to incorporating environmental, social and governance (ESG) issues into its investment processes.

Mellon Capital manages $30.4 billion in socially responsible investing (SRI) and ESG mandates on behalf of its clients.

"Our clients and colleagues are interested in how ESG issues impact our world and the economy," said Gabriela Parcella, chief executive officer of Mellon Capital.  "Becoming a signatory to UN PRI signals our commitment to remain focused on these long term risks."

The Principles for Responsible Investment are designed to focus on long-term outcomes instead of short-term gains for business, with the intention of improving the balance between society's present needs and the shrinking natural resources that will support future generations.

"Understanding and anticipating risks is essential to making prudent investment decisions," Parcella added.  "We believe considering ESG issues enhances our ability to generate attractive risk-adjusted returns for our clients."

"Including Mellon Capital, there are now six BNY Mellon investment boutiques which have become UN PRI signatories," said Mitchell E. Harris, president of BNY Mellon Investment Management.  "ESG factors may influence long-term returns.  They no longer are a niche studied only by sustainable investment specialists."

In addition to Mellon Capital Management, Standish Mellon Asset Management, Siguler-Guff, Newton Investment Management, Insight Investment, and Meriten Investment Management represent the BNY Mellon investment boutiques that are also UN PRI signatories.  Overall, BNY Mellon's corporate social responsibility program has been recognized globally for its strong commitment to the company's stakeholders, to the integrity of the financial markets and to the communities it serves.

Founded in 1983 by innovators in the investment management field, Mellon Capital Management Corporation applies a disciplined and analytical approach to global investment management strategies. As of June 30, 2013, the firm had $313.0 billion in assets under management, including assets managed by dual officers of Mellon Capital Management Corporation, The Bank of New York Mellon and The Dreyfus Corporation, and $6.4 billion in overlay strategies. Additional information about Mellon Capital is available at www.mcm.com.

Mellon Capital Management Corporation, Standish Mellon Asset Management Company, LLC, Newton Investment Management Limited, Insight Investment Management (Global) Limited, Insight Investment Funds Management Limited, and Meriten Investment Management GmbH are wholly owned subsidiaries of The Bank of New York Mellon Corporation.

BNY Mellon owns a 20% interest in Siguler Guff & Company, LP and certain related entities (including Siguler Guff Advisers, LLC).

Insight Investment Management (Global) Limited, Insight Investment Funds Management Limited and Meriten Investment Management GmbH do not offer services in the U.S.

BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.4 trillion in assets under management. It encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies. More information can be found at http://www.bnymellon.com/.

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 management and investment services in 35 countries and more than 100 markets. As of June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 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, or follow us on Twitter @BNYMellon.

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