Our Culture: Enhancing Governance and Ensuring Ethical Conduct & Continuous Improvement

Rhea-AI Summary

Northern Trust (NTRS) has published its 2023 Sustainability Report, emphasizing its commitment to strengthening governance and ethical conduct. The company focuses on adapting and enhancing its governance structures and processes to manage global risks effectively. Key aspects include maintaining clear rules and practices, implementing strong ethics frameworks, and ensuring regular policy updates. The approach aims to ensure financial viability, accountability, transparency, and alignment with stakeholder interests.

Positive

• Strong focus on governance and risk management framework implementation
• Board-supported sustainability governance structure

Negative

• None.

As the world evolves, we adapt with it and strengthen our governance and resilience in structures and processes to best manage and mitigate global risks. We do this while reinforcing a culture of ethics as the foundation for a sustainable business.

NORTHAMPTON, MA / ACCESSWIRE / November 19, 2024 / Northern Trust
Originally published in Northern Trust 2023 Sustainability Report

At Northern Trust we know that continuously strengthening our governance is fundamental to improve the overall effectiveness of our organization, make our business more resilient in the long run and positively affect our sustainability journey. We know that governance goes beyond having a robust sustainability governance structure supported by our Board of Directors. That is why making sure we have a clear set of rules and practices that are regularly revised and updated and that our employees adhere to throughout the business, as well as key policies and strong ethics and risk management frameworks, remains vital to how we operate. This is key to ensure financial viability, accountability, transparency, fairness and sound ethical conduct. It also helps Northern Trust align its behavior with the interests of all our stakeholders.

Read the full report here

View additional multimedia and more ESG storytelling from Northern Trust on 3blmedia.com.

Contact Info:
Spokesperson: Northern Trust
Website: https://www.3blmedia.com/profiles/northern-trust
Email: info@3blmedia.com

SOURCE: Northern Trust

View the original press release on accesswire.com

FAQ

What are the main governance initiatives in Northern Trust's (NTRS) 2023 Sustainability Report?

The 2023 Sustainability Report highlights Northern Trust's focus on strengthening governance structures, implementing clear rules and practices, maintaining strong ethics frameworks, and ensuring regular policy updates to manage global risks effectively.

How does Northern Trust (NTRS) approach sustainability governance?

Northern Trust maintains a Board-supported sustainability governance structure, emphasizing clear rules, regular policy updates, and strong ethics frameworks to ensure financial viability, accountability, and transparency.

What are the key objectives of Northern Trust's (NTRS) governance framework in 2023?

The key objectives include improving organizational effectiveness, enhancing business resilience, advancing sustainability initiatives, and aligning business behavior with stakeholder interests through robust governance practices.