BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has again been named to the North America Dow Jones Sustainability Index (DJSI) for its commitment to corporate social responsibility and citizenship. As a result of its increased corporate sustainability, State Street improved its 2015 scores in all three categories in the index1: Economic (70 to 77); Environmental (65 to 74); and Social (48 to 55). State Street also improved its overall score from 61 to 69, placing it in the 82nd percentile.
Launched in 1999, the DJSI is the gold standard for corporate sustainability and the first index to track the leading sustainability-driven companies based on partner RobecoSAM’s analysis of financially relevant Environmental, Social, and Governance (ESG) factors and S&P DJI’s robust index methodology. State Street has been named to the North America DJSI for 10 of the past 11 years.
“Being a responsible corporate citizen is no longer a ‘nice to have’; it’s a must have,” said Michael Scannell, senior vice president of Corporate Citizenship and head of the State Street Foundation. “Each year we look at areas in which we can improve our sustainability efforts across the organization and our inclusion in the North America Dow Jones Sustainability Index and year-over-year improvement illustrates our dedication to that effort.”
RobecoSAM invited the world’s largest 3,400 companies from developed and emerging markets to take part in its annual Corporate Sustainability Assessment (CSA), which consists of more than 100 financially relevant questions.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $27.78 trillion in assets under custody and administration and $2.3 trillion* in assets under management as of June 30, 2016, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street’s website at www.statestreet.com.
* Assets under management were $2.30 trillion as of June 30, 2016. AUM reflects approximately $40 billion (as of June 30, 2016) with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global Advisors are affiliated.
All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for decisions based on such information and it should not be relied on as such.
State Street Corporation, One Lincoln Street, Boston, MA 02111-2900.
© 2016 State Street Corporation - All Rights Reserved
Exp. Date 9/30/17
1 RobecoSAM 2016 Company Benchmarking Scorecard results