State Street (STT)

Overall impact
C (52)

Commentary

State Street is an average overall performer. With a 'C' rating of 51.7 for overall impact (45th percentile compared to all companies), State Street ranks 11th out of 29 industry peers, behind T Rowe Price, Voya, Cannae and 7 others, and ahead of Focus Financial Partners, Artisan Partners Asset Management, Cohen and Steers and 15 others. On top material causes for State Street's industry (Financial Services), State Street performs well in Equal Pay and Opportunity (95.7 score) and performs poorly in Accountable Institutions (6.2 score), Free, Secure Flow of Information (35.4), Accountable Institutions (9.1) and 4 other causes where it received a 'D' or 'F' score.
Impact
Cause STT
Peer rank
Overall impact

Log in to view this information

Impact trend

Change in rating for overall impact

Log in to view this information

Company
Founded
1792
Employees
53,000
Sector
Financials
Industry
Capital Markets
Sub-industry
Asset Management & Custody Banks
SASB industry
Asset Management & Custody Activities
Headquarters
Ma, United States
Share classes
STT
Mission
Driven by a desire to help our clients, and those who rely on them, achieve a better future.
Description
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds, UCITS, hedge funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.
Material causes
Ethos considers the following causes material for State Street, based on its industry sub-industry Asset Management & Custody Banks. Learn more about material causes in our methodology overview.
Not available

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

By browsing this site you agree to our use of cookies. Read more.
We use cookies on this site to enhance your user experience. By continuing to browse the site, you are agreeing to our use of cookies. Give me more info.