Northern Trust today announced its first global Charity Trading Day, benefiting global housing nonprofit Habitat for Humanity International, as part of the company’s global philanthropy strategy.
The company will donate $826,000 to Habitat. In addition, Northern Trust employees and clients will volunteer through a company program in 2023 to support the nonprofit’s mission. The global effort, led by Northern Trust Capital Markets, aligns with Northern Trust’s commitment to create more equitable opportunities to achieve long-term financial success.
Habitat, which partners with families and individuals to build or improve their homes, has been supported by Northern Trust philanthropy and volunteering efforts for more than three decades.
“Our philanthropic focus at Northern Trust covers four key pillars: education, food, healthcare and housing,” Northern Trust Chairman and Chief Executive Officer Michael O’Grady said. “For our inaugural Charity Trading Day, we are grateful for the opportunity to expand our relationship with Habitat and make a substantial contribution so that more people can have a safe, welcoming and affordable place to call home.”
“Decent and affordable housing provides a solid foundation for families,” said Julie Laird Davis, vice president of corporate and cause marketing partnerships at Habitat for Humanity International. “We are grateful to be the beneficiary of Northern Trust’s inaugural Charity Trading Day. With their support, we will be able to help even more families achieve strength, stability and self-reliance through shelter and create stronger and more resilient communities around the world.”
Northern Trust Charity Trading Day involved Northern Trust Capital Markets trading desks across the globe, following the sun from Sydney through to Singapore, London and Chicago. The global effort involved the entire Capital Markets team, from trading and operations to risk and compliance, with the contribution to Habitat based upon the day’s trading revenues.
The Drucker Institute named Northern Trust among its top 10 in customer satisfaction, according to a report in The Wall Street Journal.