Northern Trust has been named one of the “100 Best Corporate Citizens” by Business Ethics Magazine.
“At Northern Trust we are committed to setting the highest standards for excellence in corporate responsibility and ethics,” said William A. Osborn, Northern Trust chairman and CEO. “This recognition is a testament to our corporate culture of caring for the communities in which we serve, our commitment to diversity and fairness in the workplace, and the business integrity of our employees around the world.”
“What distinguishes the ‘100 Best Corporate Citizens’ from their peers is a commitment to higher standards,” said Marjorie Kelly, editor of Business Ethics Magazine. “The list represents the top ten percent of Russell 1000 firms when it comes to corporate social responsibility — those that perform to a higher standard in serving a variety of stakeholders with excellence and integrity.”
The “100 Best Corporate Citizens” survey is based on a database maintained by KLD Research & Analytics, a Boston-based social research firm. All companies listed on the Russell 1000 Index — the 1,000 largest publicly traded companies in the United States – are considered. The KLD data is then statistically analyzed by Sandra Waddock and Samuel Graves of Boston College, and companies receive rankings in eight different categories: total return to stockholders, community, governance, diversity, employees, environment, human rights, and product. Each company then receives an overall score based on their scores in the eight different issue areas.