The events of the past year — the humanitarian crisis of the coronavirus pandemic, the pain of racial injustice, and the environmental damage from wildfires in Australia and California — remind us of how much we all must do to effect change and improve the world in which we live.
We know you are counting on us to do our part, to drive meaningful change as we invest on your behalf. Through our stewardship efforts, we advance this aim.
The events of the past year — the humanitarian crisis of the coronavirus pandemic, the pain of racial injustice, and the environmental damage from wildfires in Australia and California — remind us of how much we all must do to effect change and improve the world in which we live.
We’re delighted to have been included in the Mind Workplace Wellbeing Index 2020/21. We’re proud to continue supporting positive mental health of our employees across our business.
Wishing a happy Pride Month to our colleagues, clients and communities around the world. As part of Pride Month 2021, Northern Trust’s Pride and Asian Leadership business resource councils hosted a panel discussion on the film, “50 Years of Fabulous,” a documentary on the Imperial Court of San Francisco, the oldest LGBT charity organization in the world.
Sally Surgeon, head of Northern Trust’s Sydney office and head of client service for its C&IS clients in Australia writes for Super Review reflecting on the impact of the
Northern Trust has been giving back to the community since 1893 when founder, Byron L. Smith seeded a relief fund for victims of a devastating fire that broke out at the World's Fair.
In 2020 we built on that heritage, introducing a new, highly focused philanthropic strategy. Learn more about our current strategy and hear from Director of Philanthropy Shana Hayes in our annual report: http://bit.ly/3r8drhT
Over the last 10 years Northern Trust employees have donated more than 1 million hours of their time. As part of National Volunteer Month, we celebrate this commitment by highlighting some of our past volunteering efforts.
In 2020, asset managers adjusted to the new normal. What new trends are apparent and how will they impact operational risk in the year ahead?
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By Vincent Molino, Head of Operational Risk Management Solutions
While 2020 presented challenges for the investment industry, it also forced many to reassess what it means to operate as part of an organization with physical separation, all while businesses were forced to make a sudden pivot into social distancing and remote operations. Even with the prospects of a return to normalcy coinciding with the rollout of various COVID-19 vaccines, many will remain at home carrying out work remotely and into the near future.
Working with Colorado Coalition for the Homeless (CCH), Northern Trust has invested a total of $13.2 million in equity to finance medical respite and housing for people experiencing homelessness.
Northern Trust’s Community Development & Investment Group used New Market Tax Credits and Low Income Housing Tax Credits for its equity investment in the downtown Denver project, called the Stout Street Recuperative Care Facility and Renaissance Legacy Lofts. Northern Trust’s investment closed January 2021.
