NFS ECO Appoints Northern Trust to Administer Natural Capital Credits
1. Northern Trust introduces a Carbon Ecosystem for NFS-certified projects. 2. The firm will manage 'Natural Capital Credits,' enhancing its asset management services.
FAQ
Why Bullish?
Northern Trust's foray into carbon credits can align with sustainability trends, potentially boosting demand. Historical examples show profitability increases in firms adopting green practices.
How important is it?
The introduction of the Carbon Ecosystem aligns Northern Trust with market trends in sustainable investing, making it significant. Its ability to manage carbon credits could attract new clients and investors focused on ESG.
Why Long Term?
The strategic shift toward sustainability may yield benefits over time as market preferences evolve. Companies with a strong carbon credit framework have seen sustained growth over several years.