Northern Trust Launches New Environmental Data Reporting

Northern Trust announced it has developed its environmental, social and governance (ESG) risk exposure analytics capabilities to include new reporting for key environmental data categories. The enhancement allows Northern Trust’s clients – typically asset owners such as pension funds – to interrogate specific environmental risk indicators for their investments. It also delivers a new ‘ESG Insights: Environment’ report, providing investors with access to environmental analytics using a range of factors – including carbon footprint analysis. This release has been designed to align with the reporting recommendations of the Taskforce for Climate-related Financial Disclosures (TCFD) – an initiative by the Financial Stability Board to develop consistent climate-related financial risk disclosures.