KeyBank Hires Marissa Brydle as Sustainability Director: 4 Things to Know
June 10, 2024 by Joe Panettieri
KeyBank has hired Marissa Brydle as sustainability director, the company has announced.
Here are four things to know about KeyBank's business and sustainability strategy, and Brydle's experience.
1. Business Scope and Scale: KeyBank, founded in 1849, is based in Cleveland, Ohio. The financial services firm provides investment management, retail and commercial banking, consumer finance and investment banking products to individuals and companies throughout the United States. KeyBank also works with selected businesses internationally. The company has roughly 17,000 employees.
2. Sustainability Strategy: The company has reduced Scope 1 and Scope 2 emissions by 48% as of 2023 compared to a 2016 baseline. Keybank is striving to source 20% of energy from renewable sources by 2030 and 60% by 2050, and reduce our Scope 1 and 2 emissions by 80% by 2050. We don't know if the company has set Scope 3 emission reduction goals.
3. Marissa Brydle's Role and Experience: At KeyBank, Brydle now leads development and execution of climate strategies and disclosures, with a focus on driving Key’s achievement of their climate-related commitments. She also is the primary contact for various stakeholder groups including investors and disclosure organizations.
Brydle previously led the corporate sustainability team at Cleveland-Cliffs for three years. She has 15 years of experience in sustainability strategy and disclosure.
4. Executive Perspectives: In a prepared statement, Eric Fiala, chief corporate responsibility officer and CEO of KeyBank Foundation, said: “We are thrilled to welcome Marissa to KeyBank as our new sustainability director. Her expertise and passion for environmental stewardship will be instrumental as we advance our commitment to sustainable practices that drive meaningful impact in the communities we serve.”
Sustainability Executives: Why Technology Partners Should Care
By 2027, 25% of Global 2000 companies will have assigned a chief sustainability officer (CSO) responsible for meeting their organization’s ESG goals and making ESG-related IT purchasing decisions, according to IDC.
The financial services industry in particular, faces numerous sustainability challenges and associated regulations.
The bottom line: Technology partners need to extend their sales, marketing, engagement and support strategies to successfully fulfill those CSO customer needs, Sustainable Tech Partner believes.
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