- Who We Serve
- What We Do
- About Us
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- Who We Serve
- What We Do
- About Us
- Insights & Research
Stewardship
At Northern Trust Asset Management, we believe that by serving as an active owner we help portfolio companies produce sustainable value over the long term. Our active ownership approach involves engaging in regular dialogue with portfolio companies to confirm that they are delivering positive long-term investment outcomes for the benefit of our clients.
The fundamental precept followed by Northern Trust in voting proxies is to confirm that the manner in which shares are voted is in the best interest of clients/beneficiaries and will aim to maximize shareholder value. Northern Trust's proxy voting framework, as outlined in our proxy voting policies, procedures and guidelines, provide that the Northern Trust proxy committee will generally vote for or against various proxy proposals, usually based upon certain special criteria.
Stewardship Codes
The UK Stewardship Code
In August 2025, Northern Trust Asset Management (NTAM) was informed by the FRC that has maintained signatory status of the UK Stewardship Code 2020, a global best-practice in investment stewardship. This achievement demonstrates our deep commitment to the principles and purpose of the Code. The revised UK Stewardship Code 2020 comprises a set of 12 ‘apply and explain’ Principles for asset managers and asset owners designed to ensure the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries. We applaud the FRC’s leadership in continuing to advance the disclosure and application of the standards and we continue to enhance our approach intending to remain aligned with the Code, client expectations and our commitments.
The New Zealand Stewardship Code
Northern Trust Asset Management has become founding signatory to the Aotearoa New Zealand Stewardship Code as of December 2022. This demonstrates our deep commitment to the principles and purpose of the Code.
The Code is based on an industry-led framework developed which aims to (1) create and preserve long-term value for current and future generations; (2) ensure the efficient management of capital whilst considering the best interests of clients and beneficiaries, and (3) contribute towards achieving sustainable outcomes for our environment, society, and economy.
Engagement Policies
Since 2015 Northern Trust has incorporated an engagement program into our UCITS funds with Hermes EOS, providing an opportunity to engage with companies, to seek ways to improve their sustainability performance.
EMEA and APAC Pooled Funds Engagement Policy [PDF]
EMEA and APAC Pooled Funds Under Hermes EOS Converge [PDF]
Stewardship Reports
Hermes EOS Engagement Reports
EOS Engagement List of NTAM Companies by Theme [PDF]
Hermes EOS Annual Engagement Review [Posted Soon]
Use the links below to view the full suite of Hermes EOS Quarterly and Annual Engagement Reports on all applicable Northern Trust Funds.
Quarterly
About Sustainable Investing
At Northern Trust Asset Management (“NTAM”), we define Sustainable Investing as encompassing NTAM’s investment strategies and accounts that utilize values-based and norms-based screens, best-in-class and ESG integration, and/or thematic investing that may focus on a specific issues such as climate risk. NTAM’s Sustainable Investing platform includes portfolios designed by NTAM as well as those portfolios managed to client-defined methodologies or screens. As data, analytical models, and portfolio construction tools available in the marketplace have evolved, so has NTAM’s Sustainable Investing platform. NTAM’s Sustainable Investing platform, originated from client-specified Socially Responsible Investing tools, now encompasses a broader set of tools and capabilities.
For investors in Australia, material on this website is directed to and should only be accessed by wholesale clients within the meaning of the Corporations Act 2001 and is not intended for retail clients. For investors in New Zealand, this material is directed to and should only be accessed by registered financial service providers and is not intended for retail clients.
The Northern Trust Company holds Australian Financial Services Licence (“AFSL”) No. 314970 ARBN 126 279 918 issued by the Australian Securities and Investments Commission (“ASIC”). Northern Trust Asset Management Australia Pty Ltd (“NTAMA”) (ACN 648 476 019) holds AFSL Licence No: 529895 and is regulated by ASIC. NTAMA is authorised to provide general financial product advice for certain classes of financial products and to deal in certain classes of financial products to “wholesale clients” within the meaning under section 761G of the Corporations Act 2001 (Cth).