Northern Trust Sustainability Profile
Northern Trust Corporation, commonly known as Northern Trust, is a leading financial services provider headquartered in the United States. Established in 1889, the firm has built a strong reputation in the wealth management, asset servicing, and banking sectors, with a significant presence in major operational regions including North America, Europe, and Asia. Northern Trust offers a range of core services, including investment management, fiduciary services, and private banking, distinguished by its commitment to client-centric solutions and innovative technology. The company has achieved notable milestones, such as being a pioneer in the development of trust services and maintaining a strong market position as a trusted partner for institutional investors and high-net-worth individuals. With a focus on sustainability and responsible investing, Northern Trust continues to set industry standards while delivering exceptional value to its clients.
DitchCarbon Score
How does Northern Trust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Northern Trust's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Northern Trust's reported carbon emissions
In 2023, Northern Trust reported total carbon emissions of approximately 73.3 million kg CO2e. This figure includes Scope 1 emissions of about 4.4 million kg CO2e, Scope 2 emissions of approximately 29.98 million kg CO2e, and Scope 3 emissions of around 38.94 million kg CO2e. This represents a reduction from 2022, where total emissions were approximately 79.4 million kg CO2e, indicating a positive trend in their carbon management efforts. Northern Trust has committed to achieving net-zero emissions by 2050, as part of their long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which they joined in September 2022. The company is actively working towards this goal, having established a framework for reducing emissions across all scopes. The emissions data is not cascaded from any parent organization, as Northern Trust Corporation is the source of their reported figures. The company continues to focus on sustainability initiatives, aiming to enhance their environmental performance in the financial services sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,071,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 46,036,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 20,054,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Northern Trust's Industry?
How Carbon Intensive is Northern Trust's Location?
Northern Trust's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Northern Trust has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
National City Corp.
Keybank
Citi Private Bank
Fifth Third Bancorp
Barclays PLC
Frequently Asked Questions
Common questions about Northern Trust's sustainability data and climate commitments