Northern Trust Releases Ninth Corporate Social Responsibility Report
September 12, 2019 /3BL Media/ - Northern Trust (Nasdaq: NTRS) announced the release of its ninth Corporate Social Responsibility (CSR) report. The latest report outlines key priorities for governance, citizenship and operations, employees, shared values and sustainable products / services. The report highlights achievements during the fiscal year ending December 31, 2018.
“Corporate social responsibility is a culture of caring, diversity and inclusion, said Connie Lindsey, head of corporate social responsibility at Northern Trust. “It’s wise stewardship of limited environmental resources. It’s the integrity with which we run our business. It’s the way that we treat our key stakeholders, our clients and our partners. It’s who we are.”
Since the time of our founding, Northern Trust has been shaped by a deep belief in the enduring principles of service, expertise and integrity. From our roots as a Chicago-based trust bank to our global presence today, these principles have served as the foundation upon which our company was built.
Our 2018 Corporate Social Responsibility (CSR) Report highlights our actions toward our strategic priorities and the significant progress within each of these areas:
Core Aspects
- Reduced carbon emissions by 29% since 2015 vs goal of 25% by 2020
- Achieved 100% renewable electricity usage at Harlow and Bank Street locations
- $155 million spent with diverse suppliers
Employees
- Included for the first time in the Bloomberg Gender Equality Index
- Ranked #1 on Forbes list for America’s Best Companies on Diversity
Shared Value
- Invested $1.3 billion in new community development
- Maintained “Outstanding” CRA rating for 24 consecutive years
Sustainable Products and Services
- Released first Stewardship Report on Proxy Engagements
- Founding member of the NICSA Diversity Project
This is the ninth year Northern Trust has used the Global Reporting Initiative (GRI) framework, where Northern Trust is a member of the GRI Gold Community. This is Northern Trust’s third report using GRI Standards, the GRI's fifth generation of guidelines for sustainability reporting. This report has been prepared in accordance with the GRI Standards: Core option.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 20 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2019, Northern Trust had assets under custody/administration of US$11.3 trillion, and assets under management of US$1.2 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit northerntrust.com or follow us @NorthernTrust
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.
Media Contact:
Doug Holt
Head of Global Corporate Communications
Chicago
+1 (312) 557-1571
