State Street Releases its 2021 Annual ESG Report
2021 was a noteworthy year for ESG issues. A heightened focus on climate change, plus the continuing impact of COVID-19, drove ESG to the forefront for many industries, including financial services. Investors responded accordingly, demonstrating a growing desire to deploy capital with a sustainable purpose.
State Street’s 2021 ESG Report highlights the company’s progress in many areas of ESG by:
Operating in an environmentally responsible way.
Launching new ESG investment strategies.
Making progress on 10 Actions to Address Racism and Inequality.
Enhancing ESG governance structures.
Consistent with prior reporting, the company measures and discloses its ESG activities according to frameworks created by the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD), and the Global Reporting Initiative (GRI).
This report also fulfills State Street’s obligations as a signatory to the United Nations (UN) Global Compact, and describes how its activities support progress toward the UN Sustainable Development Goals, and includes its most recent EEO-1 disclosure.
The disclosure of non-financial information can be daunting, but CSR Europe can support your company in mastering its sustainability reporting.
Our Sustainability Report Review service includes:
A detailed examination and evaluation of your company’s CSR, ESG, Integrated and/or Sustainability Report against a set of principles that cover both format and content criteria based on the reporting frameworks of the Global Reporting Initiative (GRI) and the International Integrated Reporting Council (IIRC).
An analysis of the best performing areas as well as the areas in reporting practices that can be improved and/or enhanced is provided.
Tailor-made recommendations and suggestions that you can use to improve the most challenging areas in the company’s reporting exercise.
Exemplary best practices from other organisations to give you a more practical understanding of how a specific topic can be disclosed.
This service is aligned with the upcoming EU policy developments in relation to non-financial disclosure.
For more information:
Project Manager, Sustainability Management
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