Bank of new york mellon powering potential program
The Bank of New York Mellon's Powering Potential program is a global initiative aimed at empowering women and girls through education, economic empowerment, and community development. The program was launched in 2014 and is part of the bank's corporate social responsibility (CSR) strategy.
The Powering Potential program focuses on three key areas:
- Education: The program provides scholarships and educational resources to girls and women, with a focus on STEM fields (science, technology, engineering, and mathematics). This includes partnerships with organizations that provide educational opportunities, mentorship, and skills training.
- Economic Empowerment: The program aims to empower women and girls through economic opportunities, such as entrepreneurship, job training, and access to capital. This includes partnerships with organizations that provide microfinance, business training, and mentorship.
- Community Development: The program focuses on community development initiatives that benefit women and girls, such as healthcare, education, and economic development projects.
The Powering Potential program has several key objectives, including:
- Empowering 1 million women and girls by 2025
- Providing access to education and economic opportunities for 500,000 women and girls
- Supporting 100 community development projects that benefit women and girls
The program is implemented through partnerships with non-profit organizations, community groups, and government agencies. The bank also engages its employees in volunteer activities and fundraising efforts to support the program.
Some examples of the program's initiatives include:
- The "Girls' Education Program" in India, which provides scholarships and educational resources to girls from low-income families.
- The "Women's Entrepreneurship Program" in Africa, which provides business training, mentorship, and access to capital to women entrepreneurs.
- The "Health and Wellness Program" in the United States, which provides health education and screenings to women and girls in underserved communities.
Overall, the Bank of New York Mellon's Powering Potential program is a comprehensive initiative that aims to empower women and girls through education, economic empowerment, and community development.