In 2025, Northern Trust completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Northern Trust has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,906a | N/A | N/A | |
Total Scope 2 | ||||
Market-Based | 26,018a | N/A | N/A | |
Location-Based | 31,256a | N/A | N/A | |
Total Scope 3 | 210,141a | 614b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.6067a | N/A | N/A |
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In 2025, the total operational greenhouse gas (GHG) emissions of Northern Trust amounted to 36,162 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of Northern Trust increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Northern Trust were 4,906 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Northern Trust's Scope 1 emissions have increased by 1.43%, reflecting a rising long-term trend in Scope 1 emissions over time.a
In 2025, Northern Trust reported Scope 2 greenhouse gas (GHG) emissions of 26,018 tCO₂e using the market-based method and 31,256 tCO₂e using the location-based method.a
Since 2019, Northern Trust's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 19.85%, reflecting a declining long-term trend in Scope 2 emissions over time.a
In 2025, Northern Trust reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Northern Trust reported 210,141 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of Northern Trust includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2025, Northern Trust reported total Scope 3 emissions of 210,141 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Northern Trust's Scope 3 emissions have increased by 480.07%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), Northern Trust's Scope 3 emissions increased by 34,124.92%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2025, Northern Trust reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to Northern Trust's Scope 3 emissions were:a
In 2025, Northern Trust reported Scope 1 greenhouse gas (GHG) emissions of 4,906 tCO₂e and total revenues of USD 8,086 millions. This translates into an emissions intensity of 0.61 tCO₂e per millions USD.a
In 2025, Northern Trust reported a Scope 1 emissions intensity of 0.61 tCO₂e per millions USD. Compared to the peer group median of 0.11, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Northern Trust ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Northern Trust among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2025, Northern Trust reported a total carbon footprint of 246,303 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40,014.5% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Northern Trust's total carbon footprint was Scope 3 emissions, accounting for 85.32% of the company's total carbon footprint, followed by Scope 2 emissions at 12.69%.a