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Explore the 2019 Corporate Social Responsibility Report

Find details of our progress toward enhancing our diversity, equity and inclusion (DE&I) strategy, reducing our greenhouse gas emissions, and launching ESG tools and investment vehicles.

Published 09-29-20

Issued by Northern Trust Corporation

Summary

Highlights from the 2019 Report:

Core Aspects

  • Reduced carbon emissions by 32.35% since 2015 vs goal of 25% by 2020
  • $160 million spent with minority, women, veteran, LGBTQ+, disabled, and small business enterprises
  • Released first statement on climate change aligned to the Task Force on Climate-Related Financial Disclosures (TCFD)

Report Highlights

September 29, 2020 - Highlights from the 2019 Report:

Core Aspects

  • Reduced carbon emissions by 32.35% since 2015 vs goal of 25% by 2020
  • $160 million spent with minority, women, veteran, LGBTQ+, disabled, and small business enterprises
  • Released first statement on climate change aligned to the Task Force on Climate-Related Financial Disclosures (TCFD)

Employees

  • Named to the Gender Equality Index by Bloomberg – 3rd consecutive year
  • Scored 100% on the Disability Equality Index (DEI) by the American Association of People with Disabilities (AAPD) and Disabiity:IN list of Best Places to Work for Disability Inclusion
  • Achieved a level of 35% women at the senior vice president role or above in our U.K. offices as per the U.K. Women in Finance Charter

Shared Value

  • Invested $2.6 billion in community development – affordable housing, education & social services, job creation, and wealth accumulation
  • Maintained “Outstanding” CRA rating – 25th consecutive year
  • Launched “Achieving Greater Together” global volunteer campaign – employees donated over 8,000 hours during the campaign
  • Additionally, employees donated nearly 110,000 volunteer hours of service throughout the year

Sustainable Products and Services

  • Managed over $100 billion in NTAM assets globally that incorporated ESG criteria, including nine new ESG equity funds launched in 2019
  • Offered electronic statements to Wealth Management clients reducing paper and energy waste and achieved $300,000 in cost savings
  • Introduced new Investment Risk & Analytical Service reporting tool that allows clients to monitor impact of ESG factors on their portfolios

Media Relations:
Doug Holt | 312 557 1571 (Americas)

Northern Trust Corporation

Northern Trust Corporation

Northern Trust is a leading provider of asset servicing, fund administration, investment management, banking and fiduciary solutions for corporations, institutions, and affluent individuals worldwide.

Since 1889, when Northern Trust was founded in Chicago, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instil in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

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