Marks & Spencer Pension Trust, London, selected Northern Trust to provide ESG analytics to support the fund's oversight, governance and reporting, a spokeswoman confirmed.
Northern Trust will provide analytical and reporting tools to the £11 billion ($15.6 billion) pension fund. M&SPT will use ESG data and insights delivered by Northern Trust to help track specific environmental risks linked to its investments.
The data will also be used to support its mandatory reporting under the standards by Task Force on Climate-related Financial Disclosures.
"The data and insights provided by Northern Trust allow us to meet our ESG responsibilities as we select and manage investments whilst supporting our overall objective to provide long-term security for our members' benefits," Simon Lee, chief investment officer of the pension fund, said in a news release.
Northern Trust currently provides global custody, financial reporting and specialist fund administration to the pension fund, as well as analytics for its private market portfolio.
The spokeswoman did not provide details about the selection process nor details of any previous provider.