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  • Overall approach
    6/10
    • Overarching commitment on deforestation
      4/6
      Deforestation-free commitment
      4/6
      "The pandemic has also highlighted the risks to companies as human activity pushes the limits of planetary boundaries. Therefore, in addition to tackling the climate crisis, we now expect companies to put in place strategies to achieve a net-positive impact on biodiversity, eliminate deforestation and avoid contributing to the development of antibiotic-resistant “superbugs”"
    • Deforestation as a business risk
      2/2
      Yes
      2/2
      "The pandemic has also highlighted the risks to companies as human activity pushes the limits of planetary boundaries. Therefore, in addition to tackling the climate crisis, we now expect companies to put in place strategies to achieve a net positive impact on biodiversity, eliminate deforestation and avoid contributing to the development of antibiotic-resistant “superbugs”. Companies must also put in place more advanced risk management systems to identify a broader range of lower probability, high impact events." ; " Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels."
    • Target to reduce emissions in scope 1/2
      No
      0/0
      Type of climate target: Other/unclear
      "The collaborative initiative Climate Action  100+ (CA100+), where we continue to lead or co-lead  engagement with 30 companies, reached its halfway mark  in 2020, with more company commitments to mitigate  systemic climate risks. According to the CA100+ 2020 Progress Report, published in  December, 43% of focus companies engaged by the initiative  have now set a net-zero target. But there are gaps in target  coverage, with only 10% of focus companies setting a net zero by 2050 target that covers the company’s most material Scope  3 emissions.6 The company has set a target or ambition to reduce its  greenhouse gas emissions to net zero by 2050...We may engage with a company on multiple objectives at any one time, covering a variety of material ESG issues. An example of an objective could be: “Development of a strategy consistent with the goals of the Paris Agreement, including setting science-based emissions reduction targets for operating emissions (Scopes 1 and 2 emissions).” Each objective relates to a single theme and sub-theme."
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    12/90
    • Beef & Leather
      13/90
      • Commitment Strength
        7/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Sustainability commitment
            2/8
            Commitment details
            Sustainability commitment
            2/8
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: ILO; UNGP; Forced Labour; Child Labour

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: No
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
        • Company must address gender equality issues
          2/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all stages of the supply chain
            Processors; Traders; Manufacturers; Retailers
            0.3/0.4
            Policy applies to all stages of the supply chain
            Processors; Traders; Manufacturers; Retailers
            0.3/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        2/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Type of reporting: Engaged companies reported 
          "In 2020, we engaged with 614 companies on 2,291 environmental, social, governance, strategy, risk and communication issues and objectives. Our holistic approach to engagement means that we typically engage with companies on more than one topic simultaneously.  Environmental 23.0% ■ Social and Ethical 18.5% ■ Governance 40.5% ■ Strategy, Risk and Communication 18.1%"
        • Ethical product in portfolio
          No
    • Palm oil
      15/90
      • Commitment Strength
        7/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Sustainability commitment
            2/8
            Commitment details
            Sustainability commitment
            2/8
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: ILO; UNGP; Forced Labour; Child Labour
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        4/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          4/6
          Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          4/6
          Type of reporting: Engaged companies reported 
          "In 2020, we engaged with 614 companies on 2,291 environmental, social, governance, strategy, risk and communication issues and objectives. Our holistic approach to engagement means that we typically engage with companies on more than one topic simultaneously.  Environmental 23.0% ■ Social and Ethical 18.5% ■ Governance 40.5% ■ Strategy, Risk and Communication 18.1%"
        • Ethical product in portfolio
          No
    • Soy
      7/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: No

            Type of policy: ILO; UNGP; Forced Labour; Child Labour
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      13/90
      • Commitment Strength
        7/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Sustainability commitment
            2/8
            Commitment details
            Sustainability commitment
            2/8
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies should understand and manage their contribution to deforestation. Responsible for up to 20% of global carbon emissions, deforestation is becoming a vital public policy issue. Companies should be ready for future legislation and ensure the sustainability of their supply chains. Furthermore companies who do not manage their deforestation impact appropriately face increasing reputational and ’licence to operate’ risks given growing public awareness of the issue. Highlighted areas are: forestry, cattle, agriculture (particularly palm oil) and biofuels." 
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The Code establishes a number of basic principles to be followed in all dealings within Northern Trust, and with its various stakeholders and other third parties globally...We expect everyone to adhere to our commitment to the highest standards of integrity, ethics, and honesty. Compliance with the Code, other Northern Trust policies and procedures (including risk management related policies and procedures), and all applicable laws and regulations is critically important".
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: No

            Type of policy: ILO; UNGP; Forced Labour; Child Labour
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Northern Trust's human rights and workforce principles apply to all global operations and clearly state our support for the rights of minority groups, women and workers. Our principles expressly reference our conformance with public policies including the International Labour Organization's standards and the Organisation for Economic Co-operation and Development's guidelines for multinational enterprises."; "This theme covers all aspects of human rights including those related to forced labour and modern slavery, child labour, payment of a living wage, and gender-specific issues; the protection of basic human rights including the right to life and liberty, privacy and freedom of expression; and the protection of indigenous rights. Investors have a duty to respect human rights, which underpin a company’s wider corporate culture, business ethics and enterprise risk management, all of which affect reputation and the ability to create and preserve value over the long term. We expect companies to apply the UN Guiding Principles on Business and Human Rights, reporting on their management of those salient human rights issues and risks that could have the most severe negative impact on company operations and supply chains." 
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Advancing gender equality in company leadership and throughout organisations remains critically important therefore, with many companies around the world still falling far short of equal representation. We encourage companies to critically and deeply assess where they are falling short and to set specific targets to address this. They should go beyond simply increasing overall representation, towards understanding how they can create more inclusive cultures to attract, and more importantly retain, develop and promote female talent."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        2/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Type of reporting: Engaged companies reported 
          "In 2020, we engaged with 614 companies on 2,291 environmental, social, governance, strategy, risk and communication issues and objectives. Our holistic approach to engagement means that we typically engage with companies on more than one topic simultaneously.  Environmental 23.0% ■ Social and Ethical 18.5% ■ Governance 40.5% ■ Strategy, Risk and Communication 18.1%"
        • Ethical product in portfolio
          No
  • Commitment strength
    6/31
    Avg. score
  • Reporting and Implementation
    2/31
    Avg. score
  • Social considerations
    4/28
    Avg. score

Profile

Northern Trust are a financial services provider headquartered in the US that serves private and institutional clients. Their services include investment management, asset and fund administration, fiduciary and banking solutions. As of 2017, their total assets amount to more than 1.1 trillion USD. Northern Trust are among the top lenders and shareholders to Forest 500 companies, with loans across a broad range of forest risk sectors.

HQ
HQ 
United States
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.