State Street’s Corporate Responsibility Report Highlights Achievements in Energy Efficiency, ESG and Community Investments

  State Street’s Corporate Responsibility Report Highlights Achievements in   Energy Efficiency, ESG and Community Investments  Business Wire  BOSTON -- May 28, 2014  State Street Corporation (NYSE: STT) today announced the release of its 2013 corporate responsibility (CR) report, which highlights the company’s environmental, social and governance (ESG) activities.  “We’re continually refining how we can have the most positive impact on our economy, society and environment through responsible business practices,” said Alison Quirk, executive vice president and chief human resources and citizenship officer. “In 2013, we conducted a global scan of sustainability issues that are most important to our stakeholders and impact our business. We’ve captured those insights in our 2013 CR report to illustrate how State Street and its employees are giving back through philanthropy, community service and a commitment to the environment.”  Highlights from 2013 include:  Business    *ESG assets under management at State Street Global Advisors reached an     all-time high of $203.7 billion, accounting for 9% of total assets under     management as of December 31, 2013   *Over the past two years, State Street’s investments in renewable energy     projects have grown to more than $400 million   *Continuing a three-year upward trend, State Street received AA, nearly the     highest rating, on the MSCI ESG Research Intangible Value Assessment     (IVA), which assesses companies’ risks and opportunities arising from ESG     factors compared to industry peers  Environmental Sustainability    *State Street achieved a major milestone with four new offices completing     ISO 14001 certifications, a standard for environmental management systems;     85% of State Street employees work in buildings with this certification   *State Street’s enterprise data center became Energy Star Certified; the     Energy Star program aims to help save US businesses and consumers money     and promote energy efficiency   *The number of employees with formal flexible work arrangements grew by     10%, ultimately saving more than 200,000 driving miles a week and     significantly reducing State Street’s total carbon footprint  Community Investments    *The State Street Foundation invested $19.6 million in grants to charitable     organizations to strengthen 40 communities around the world   *State Street employees contributed 87,000 volunteer hours and $4.5 million     dollars to nonprofit organizations   *Locally in its headquarter location, State Street was able to help 1,870     underserved youth and 1,255 underserved adults secure job placements  “As a global organization, an acute awareness of corporate responsibility is imperative to creating economic value for clients and the communities where we live and work,” Patrick Centanni, executive vice president, realty, procurement, continuity and chair of State State’s Executive Corporate Responsibility Committee. “We’re dedicated to ensuring that CR is central to our business practices.”  State Street’s CR Report adheres to the Global Reporting Initiative’s G4 Reporting Guidelines, an international framework for disclosures of governance, environmental, social and economic performance. The report was independently verified against the AA1000 principles of inclusivity.  Click here to learn more about State Street’s commitment to corporate responsibility and read the report.  About State Street Corporation  State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $27.5 trillion in assets under custody and administration and $2.4 trillion* in assets under management as of March 31, 2014, State Street operates in more than 100 geographic markets worldwide, including the U.S., Canada, Europe, the Middle East and Asia. For more information, visit State Street’s web site at www.statestreet.com.  * Assets under management include the assets of the SPDR®® Gold ETF (approximately $34 billion as of March 31, 2014), for which State Street Global Markets, LLC, an affiliate of SSgA, serves as the distribution agent.  CORP-1026  Contact:  State Street Corporation Anne McNally, +1 617-664-8576 aemcnally@statestreet.com @StateStreet  
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