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Northern Trust
Financial IntermediationUnited StatesNASDAQ: NTRSO
Last verified 7 months agonortherntrust.com
Northern Trust Corporation, commonly referred to as Northern Trust, is a leading provider of financial intermediation services, headquartered in the United States. Founded in 1889, the firm has established a strong presence in key operational regions, including North America, Europe, and Asia-Pacific.
Specialising in asset servicing, investment management, and wealth management, Northern Trust distinguishes itself through its commitment to innovation and client-centric solutions. The company has achieved notable milestones, including the introduction of advanced technology platforms that enhance client experience and operational efficiency.
With a reputation for excellence, Northern Trust consistently ranks among the top financial institutions, recognised for its robust risk management practices and sustainable investment strategies. Its dedication to delivering tailored financial solutions positions Northern Trust as a trusted partner for individuals and institutions alike.
64
DitchCarbon score
+27 vs industry average
Northern Trust’s score of 64 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Northern Trust's reported carbon emissions
Northern Trust reported approximately 241 million kg CO2e in total global carbon emissions for 2025. This includes 4.9 million kg CO2e from Scope 1, 26 million kg CO2e from Scope 2 (market-based), and 210.1 million kg CO2e from Scope 3. Key contributors to Scope 3 emissions were purchased goods and services (98.6 million kg CO2e), capital goods (65.1 million kg CO2e), and employee commuting (23.5 million kg CO2e).
In 2024, Northern Trust's reported Scope 1 emissions were 4.7 million kg CO2e and Scope 2 (market-based) emissions were 27.8 million kg CO2e, with Scope 3 data not available for this year. For 2023, the company's total emissions were approximately 73.3 million kg CO2e, comprising 4.4 million kg CO2e from Scope 1, 30 million kg CO2e from Scope 2 (market-based), and 38.9 million kg CO2e from Scope 3.
Northern Trust has committed to reducing its Scope 1, 2, and partial Scope 3 GHG emissions by 50% by 2030, using a 2019 baseline. The company also aims to achieve Net Zero carbon emissions from operations by 2050. Northern Trust Corporation has committed to Science Based Targets initiative (SBTi) for net-zero, becoming a BA1.5 member on 15th September 2022.
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Northern Trust’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Northern Trust7 months ago
64
Frequently asked questions
Common questions about Northern Trust’s sustainability data and climate commitments
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