State Street Commended for Climate Change Performance and Disclosure

State Street Corporation, one of the world’s leading providers of financial services to institutional investors, today announced that for the first time it has been commended by the Carbon Disclosure Project (CDP), which represents 534 institutional investors with $64 trillion in assets under management for its approach to climate change disclosure and performance. Separately, State Street has been named to the Dow Jones Sustainability World and North America Indexes (DJSI) for the fifth consecutive year, and is ranked on Newsweek’s list of the greenest US companies.

State Street’s Inclusion on the Carbon Disclosure Leadership Index

The Carbon Disclosure Leadership Index, a key component of CDP’s annual S&P 500 Report, highlights the constituent companies within the S&P 500 Index which have displayed the most professional approach to corporate governance with respect to climate change disclosure practices.

State Street received a high score indicating good internal data management and understanding of climate change related issues affecting the company.

The index, compiled by PricewaterhouseCoopers (PwC) on behalf of CDP provides an evaluation tool for institutional investors. In 2010, it comprises 53 constituents of the S&P 500 Index based on analysis of the responses to CDP’s 2010 questionnaire which focused on greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change.

The S&P 500 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.

State Street Named to Dow Jones Sustainability Index for Fifth Consecutive Year

The Dow Jones Sustainability Index has been tracking the financial performance of the leading sustainability-driven companies worldwide since it was launched in 1999, providing asset managers with reliable, objective benchmarks to manage sustainability portfolios. The DJSI assesses companies annually based on their corporate economic, environmental and social performance.

This year, State Street once again received high ratings for its risk and crisis management practices, corporate governance and risk management practices, and environmental and social reporting, among other areas. State Street is also one of only three US-based financial services firms to be listed on both the World and North American indices in 2010.

State Street Listed on Newsweek’s List of the Greenest US Companies

Newsweek released its second annual listing of the top 100 of America’s 500 largest publicly-traded companies as measured by environmental impact, strategy, policy, management, reputation and overall performance. State Street was ranked 35th on the list.

The companies are ranked based on a number of criteria, including: each company’s greenhouse gas emissions, toxic waste emissions and use of other natural resources, as well as the company’s disclosure of those impacts. Newsweek and its partners also assessed the company’s management of environmental issues and policies, regulatory compliance and policies concerning climate change. The rankings also factor in the results of an exclusive reputational survey of CEOs, corporate social responsibility officers, and “sector specialists.” State Street ranked first in the financial services sector for green policies and performance and second in the reputation survey.

For more information on Newsweek’s ranking methodology and the full list, visit www.newsweek.com.

George Russell, executive vice president and head of Corporate Citizenship at State Street commented: “Our inclusion on the Carbon Disclosure Leadership and Dow Jones Sustainability Indices as well as Newsweek’s list of the 500 greenest US companies is a testament to State Street’s continued commitment to being a responsible corporation, even during the most challenging of times for our industry. We are honored to be recognized along with other national and global leaders in the areas of sustainability and corporate citizenship.”

About State Street

State Street Corporation 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 $20.2 trillion in assets under custody and administration and $1.9 trillion in assets under management at September 30, 2010, State Street operates in 25 countries and more than 100 geographic markets worldwide. For more information, visit State Street at www.statestreet.com.

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