NorthStar is pleased to share that we have published our 2024-2025 Social Change & Activism Report!

At NorthStar, activism isn’t a side project — it’s central to how we invest, advocate, and drive impact. This year, we continue to build on our legacy of shareholder engagement and advocacy through a sharper, more intersectional lens, now guided by six core pillars:

• environmental justice
• racial equity
• corporate governance
• economic equality
• gender equity
• human rights

We believe the financial system must be transformed — because people are suffering, inequities are deepening, and capital has the power to catalyze meaningful, systemic change. Our work is informed by the diverse lived experiences, expertise, and unwavering commitment of the NorthStar team. Together, we’re focused on advancing fair chance employment, defending human rights, dismantling systemic oppression, and reimagining a future where justice and equity are at the center of capital markets.

This year’s report highlights how these values shaped our strategies, deepened our partnerships, and strengthened our resolve to turn resources into real-world change.