LONDON–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) has further enhanced its environmental, social and governance (ESG) investment analytics suite to provide new climate risk reporting for global institutional investor clients.
the Climate Focus Report, part of Northern Trust ESG insights suite of reporting solutions, offers clients a range of carbon, physical risk and transition risk detail metrics at the portfolio level. These include detailed emissions information (including Scope 3), carbon intensity measurements and forward-looking scenario analysis.
The resulting information assists institutional investors, such as pension funds, by helping them assess key climate change risk factors against their portfolio investments and compare them to representative benchmarks for absolute analysis. and relative over time.
It also supports clients’ internal oversight and external disclosure obligations through its alignment with the Financial Stability Board’s Task Force on Climate-Related Financial Disclosures (TCFD) reporting recommendations.
This latest addition to the ESG Insights service, launched and enhanced last year, follows a recent enhancement to Northern Trust’s performance measurement service through the integration of ESG scores into its investment analysis tool, RADAR. .MT. Clients can now access insights into potential links between ESG performance and investment performance using new views created to show returns grouped by individual E, S and G Pillar scores, in addition to an overall breakdown ESG scores.
Serge Boccassini, Product Manager, Investment Accounting and Analytical Solutions at Northern Trust, said, “As sustainability-focused monitoring requirements grow and become more complex, these solutions are intended to help institutions meet their obligations to assess and report on ESG and climate risks. This is the latest example of how Northern Trust is deploying its expertise in technology and analytics to help clients integrate ESG considerations into investment decision-making.
Northern Trust’s Climate Focus report is generated by combining information on global custodial assets with data provided in partnership with ISS ESG, the investment arm responsible for Institutional Shareholder Service (SSI), a global provider of investment management solutions.
Maximilian Horster, ISS ESG manager, commented: “ISS ESG is delighted to provide climate data to support Northern Trust’s Climate Focus report at this critical time for institutional investors, who demand the highest levels of transparency and data quality to respond to the evolving of climate risk assessment and reporting requirements.
Northern Trust’s ESG Insights solutions are delivered through its Investment Risk & Analytical Services (IRAS) group, which supports over US$9 trillion (as of June 30, 2021) of investments by property owners. assets and asset managers around the world. With consultants in Chicago, London, Basel, Amsterdam, Abu Dhabi, Singapore and Melbourne, IRAS provides performance measurement, risk analysis and compliance monitoring of investments and private market analysis for clients – their allowing them to have a better understanding of their investments for a more informed decision. manufacturing.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 US states and Washington, DC, and 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2021, Northern Trust had assets under custody/administration of US$15.8 trillion and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has distinguished itself as an industry leader for its exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 USA, incorporated with limited liability in the USA Please read our global and regulatory information.
# # #