Northern Trust offers climate reporting service

Northern Trust has launched New Climate Focus Reporting, providing institutional investors with climate risk metrics.

The new service also proves supporting regulatory oversight and reporting obligations as well as climate risk reporting for Northern Trust’s institutional investor clients.

The Climate Focus Report offers clients a range of carbon metrics, physical risk and transition risk detail at the portfolio level. These include detailed emissions information (including Scope 3), carbon intensity measures and forward-looking scenario pathway analysis.

Northern Trust says the resulting information helps institutional investors assess climate change risk factors against investments in their portfolio and compare them against representative benchmarks. It also supports clients’ disclosure obligations through its alignment with TCFD reporting recommendations. The Report is generated with data provided in partnership with ISS ESG.

Serge Boccassini, product lead, Investment Accounting and Analytic Solutions at Northern Trust, said: “As sustainability-focused monitoring requirements grow in number and become more complex, these solutions are intended to help institutions meet their obligations for assessing and reporting on both ESG and climate risk. This is the latest example of how Northern Trust is deploying its technology and analytics expertise to help clients integrate ESG considerations into investment decision-making.”