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

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Impact trend

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Company
Founded
1792
Employees
52,626
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 and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage and other trading services; securities finance, including prime services products; and deposit and short-term investment facilities. It also provides State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising from portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication. In addition, the company offers investment management solutions, including strategies across equity, fixed income, cash, multi-asset, and alternatives; products, such as SPDR ETFs and index funds; and services comprising defined benefit, defined contribution, and outsourced chief investment officer. The company provides its products and services mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, investment managers, foundations, and endowments. 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

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