Northern Trust Releases 2023 Philanthropic Impact Report

Northern Trust employees gave more than 53,000 hours of their time in 2018 to charitya record for the company, CNBC reports.

According to the company's 2023 Philanthropic Impact Report, nearly $16 million was donated to non-profit organizations in the year ending Dec.

31 that work to provide food security, affordable housing, accessible healthcare, and quality education.

"Our employees logged record-breaking level of volunteerism in 2023, which shows one measure of how important our communities are to our company," Shana Hayes, the company's chief social impact officer, says in a press release.

Hayes adds that the company has donated more than $170 million to non-profit organizations over the past decade.

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