State Street Recognized by RobecoSAM’s Annual “Sustainability Yearbook” for Fourth Consecutive Year
April 23 2018 - 10:45AM
Business Wire
Firm Also Recognized by Barron’s as “Top Sustainable
Company”
State Street Corporation (NYSE: STT) today announced it has been
named to RobecoSAM’s 2018 “The Sustainability Yearbook” for its
strong environmental, social and governance (ESG) performance in
the Diversified Financial Services and Capital Markets category.
This is the fourth consecutive year that the company has been named
to the list. The 2018 Yearbook, which is considered a leading
publication for corporate sustainability benchmarking, analyzed
companies across 60 industries from 43 different countries to
determine this year’s members.
“As a firm that offers ESG investment products, solutions and
guidance, corporate responsibility is one of State Street’s top
priorities,” said Rick Lacaille, global chief investment officer at
State Street Global Advisors and chairman of State Street’s
Executive Corporate Responsibility Committee. “Incorporating ESG
factors into financial decisions and continuing to be a responsible
corporate citizen benefits not only our society at large, but also
our employees, clients, and shareholders.”
RobecoSAM, the investment specialist that has focused
exclusively on sustainability investing for more than 22 years, has
analyzed the corporate sustainability performance of the world’s
largest listed companies since 1999. Each year, more than 3,500 of
the world’s largest companies are invited to participate in the
RobecoSAM Corporate Sustainability Assessment, an evaluation of
sustainability practices focusing on economic, environmental and
social factors that are relevant to the companies’ success. In
order to be listed in the Yearbook, companies must be within the
top 15 percent of their industry and must achieve a score within 30
percent of their industry’s top performing company.
“I congratulate State Street Corporation wholeheartedly for
being included again in The Sustainability Yearbook 2018,” said
Aris Prepoudis, CEO of RobecoSAM. “The companies included in the
Yearbook are the world’s most sustainable companies in their
industry and are moving the ESG needle in ways that will help us
realize the UN’s Sustainable Development Goals by 2030.”
State Street was also recently recognized as one of the most
sustainable US companies as part of Barron’s first ever “Top 100
Most Sustainable Companies,” a special report focusing on
sustainable practices and policies across the supply chain of the
largest publicly held companies by market value, with headquarters
in the US. Criteria included accounting policies and board
structure; employees, workplace diversity and labor relations;
customers, business ethics and product safety; the planet,
greenhouse-gas emissions; and community and human rights.
To read State Street’s most recent corporate responsibility
report, click here
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 $33.30 trillion in assets
under custody and administration and $2.70 trillion* in assets
under management as of March 31, 2018, 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 include the assets of the SPDR® Gold
ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $36
billion as of March 31, 2018), for which State Street Global
Advisors Funds Distributors, LLC (SSGA FD) serves as marketing
agent; SSGA FD and State Street Global Advisors are affiliated.
2085976.1.1.GBL.RTL
© 2018 State Street Corporation - All Rights Reserved
State Street Corporation, One Lincoln St. Boston, MA
02111-2900
Expiration Date: 4/30/2019
The whole or any part of this work may not be reproduced, copied
or transmitted or any of its contents disclosed to third parties
without State Street's express written consent. The information
provided does not constitute investment advice and it should not be
relied on as such. It should not be considered a solicitation to
buy or an offer to sell a security. It does not take into account
any investor's particular investment objectives, strategies, tax
status or investment horizon. You should consult your tax and
financial advisor. The views expressed in this material are the
views of Rick Lacaille and Aris Prepoudis through the period ended
April 13, 2018 and are subject to change based on market and other
conditions. This document contains certain statements that may be
deemed forward-looking statements. Please note that any such
statements are not guarantees of any future performance and actual
results or developments may differ materially from those projected.
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. ©2018 State Street
Corporation - All rights reserved
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State Street CorporationKerri Doherty, +1
617-664-1898KCDoherty@statestreet.com
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