State Street Recognized for Building an Inclusive Work Environment

State Street Corporation (NYSE: STT), one of the world's leading providers of financial services to institutional investors, has been honored for its efforts to build an inclusive work environment. State Street was recognized in the category "Program or Initiative of the Year” at the 2012 Diversity and Leadership in Financial Services Awards for the company’s Unconscious Bias and WISE (Working Inclusively Supports Excellence ) training programs. The award is designed to recognize an exemplary program or initiative that was developed to better the lives and opportunities of internal and/or external stakeholders.

The company’s Unconscious Bias and WISE training programs are focused on educating employees on the importance of employee engagement by providing insight on how to overcome challenges in the workplace and how to change employee behaviors to generate business results. These trainings are part of State Street’s company-wide Global Inclusion initiative that aims to ensure that its employees have the opportunity to do their best work in an environment where they feel valued and engaged.

Mike Scannell, senior vice president and head of Global Inclusion, said, "We are incredibly honored to receive this recognition for our Unconscious Bias and WISE training programs. These programs are an illustration of our emphasis on fostering a culture at State Street that ensures all employees feel engaged, valued and respected.”

In 2011, State Street hosted eighteen Unconscious Bias training sessions with more than 600 employees around the world including senior management. The WISE training program had participation from more than 2000 employees across the company.

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 $21.8 trillion in assets under custody and administration and $1.9 trillion* in assets under management at December 31, 2011, State Street operates in 29 countries and more than 100 geographic markets. For more information, visit State Street’s web site at www.statestreet.com.