CHICAGO--(BUSINESS WIRE)--Northern Trust announced today that it has been selected for inclusion in the Bloomberg Gender-Equality Index (GEI) for the third consecutive year. The Index tracks the financial performance of public companies committed to supporting gender equality.
Also today, Northern Trust announced it is included on FORTUNE’S 2019-2020 World’s Most Admired Companies rankings. This is the 14th consecutive year Northern Trust has been included on the prestigious list. The company was ranked third of 12 in its category.
FORTUNE's list of the World's Most Admired Companies is a ranking that determines which companies are most respected across 52 industries based on votes on by executives, analysts, directors and experts. Companies are rated on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.
For inclusion in the Bloomberg index, Northern Trust was measured across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. To be included, companies needed to score at or above a global threshold established by Bloomberg, reflecting a high level of disclosure and overall performance.
“Northern Trust is focused on our long-term commitment to excellence at every level of the organization, including fostering an inclusive workforce, and it is gratifying to see that reflected on awards such as these,” said Michael O’Grady, Chairman and Chief Executive Officer of Northern Trust. “Our employees strive every day to make decisions that drive results and create value for our shareholders, clients, communities and employees.”
The Bloomberg survey is voluntary and has no associated costs.
"The 325 companies included in the 2020 GEI have shown their commitment to transparency and demonstrated leadership in gender-related data reporting," Bloomberg Chairman Peter T. Grauer said. "Disclosure of company statistics and practices is an important first step in supporting gender equality globally."
For more information on the Bloomberg’s GEI, visit: https://www.bloomberg.com/company/press/bloombergs-2020-gender-equality-index-expands-to-include-325-public-companies-globally
Northern Trust is consistently recognized as an industry leader in diversity and inclusion efforts. The company also recently was selected as one of the 2019 Top 50 Best Companies for Latinas to Work for in the U.S. by LATINA Style.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 21 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2019, Northern Trust had assets under custody/administration of US $11.6 trillion, and assets under management of US $1.2 trillion. For 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.
