Northern Trust

Illinois
Banks, Diversified Financials

Risk Level:

Rating - Caution
Medium Risk

Summary:

Northern Trust has not terminated business relationships due to ideological beliefs, though it vets suppliers according to their LGBTQ policies. The company does not have viewpoint protections for its employees. Northern Trust's foundation will not work with sectarian religious groups or groups that affirm only traditional marriage. However, it has not used corporate funds or its reputation to advance ideological causes. For these reasons, Northern Trust receives a "Medium Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Northern Trust received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means that Northern Trust vets suppliers according to LGBTQ policies.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Northern Trust will not permit donations to “religious groups for sectarian purposes.” Northern Trust’s foundation will not partner with groups that discriminate based on certain criteria, including “marital status” and “sexual orientation” (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Northern Trust does not protect employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Northern Trust has not used its corporate image to advance ideological agendas.

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Northern Trust has not publicly donated to ideological groups hostile to freedom of expression (1)(2).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Northern Trust has not used its PAC for ideological purposes (1).

All links were last accessed and all information was updated on:
March 24, 2023

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