Northern Trust Releases Latest Corporate Social Responsibility Report

Northern Trust Corporation announced today it has released its latest Corporate Social Responsibility Report. The report details progress toward enhancing our Diversity, Equity and Inclusion (DE&I) strategy, reducing our greenhouse gas emissions (GHG), and launching client-focused Environmental, Social and Governance (ESG) tools and investment vehicles. “This report reflects Northern Trust’s ongoing commitment to our stakeholders,” Northern Trust Chairman and Chief Executive Officer Michael O’Grady said. “While the report covers 2019, the challenges and uncertainty of 2020 have transformed the ways we work with one another, our clients, and our communities.…

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Northern Trust Provides $100 Million in Small Business Support

Northern Trust Corporation has announced it is providing $100 million in low-cost funding to assist Community Development Financial Institutions (CDFIs) as they provide loans to small businesses and non-profit organizations under the federal Paycheck Protection Program (PPP). “This funding in response to the COVID-19 pandemic will help meet urgent demand among small businesses and non-profit groups,” Chairman and Chief Executive Officer Michael O’Grady said. “Since 1995, we have provided capital to CDFIs with flexible terms and low rates to facilitate lending in underserved communities.” Under the CARES Act, the PPP…

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