Northern Trust Corp
Northern Trust's GHG Emissions Data Preview
In 2021, 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 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Northern Trust's Operational Emissions
In 2021, the total operational greenhouse gas (GHG) emissions of Northern Trust amounted to 22,101 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).
Compared to 2020, the total operational greenhouse gas (GHG) emissions of Northern Trust decreased by 14.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Northern Trust's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Northern Trust's Scope 1 emissions?
In 2021, the total Scope 1 emissions of Northern Trust were 1,797 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Northern Trust reduced its Scope 1 emissions over time?
Since 2018, Northern Trust's Scope 1 emissions have decreased by 31.85%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2020), Northern Trust's Scope 1 emissions increased by 11.61%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Northern Trust's Scope 2 emissions?
In 2021, Northern Trust reported Scope 2 greenhouse gas (GHG) emissions of 23,622 tCOâ‚‚e using the market-based method, and 20,304 tCOâ‚‚e using the location-based method.
What methodology does Northern Trust use for Scope 2 reporting?
In 2021, Northern Trust reported its Scope 2 emissions using the market-based method and using the location-based method.
Northern Trust's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Northern Trust's Value Chain Emissions
In 2021, Northern Trust reported 3,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2021 disclosure of Northern Trust includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2020, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Northern Trust's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Northern Trust's Scope 3 emissions?
In 2021, Northern Trust reported total Scope 3 emissions of 3,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Northern Trust reduced its Scope 3 emissions over time?
Since 2018, Northern Trust's Scope 3 emissions have decreased by 83.4%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2020), Northern Trust's Scope 3 emissions decreased by 93.04%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Northern Trust disclose?
In 2021, Northern Trust reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Northern Trust's Scope 3 emissions?
In 2021, the largest contributors to Northern Trust's Scope 3 emissions were:
- Fuel- and Energy-Related Services (Cat. 3): 1,963 tCOâ‚‚e (61.34%)
- Business Travel (Cat. 6): 859 tCOâ‚‚e (26.84%)
- Employee Commuting (Cat. 7): 378 tCOâ‚‚e (11.81%)
Northern Trust's Scope 3 Emissions by Categories
Insights into Northern Trust's Total Carbon Footprint
In 2021, Northern Trust reported a total carbon footprint of 25,301 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 64.73% decrease compared to 2020, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Northern Trust's total carbon footprint was Scope 2 emissions, accounting for 80.25% of the company's total carbon footprint, followed by Scope 3 emissions at 12.65%.