Laurentian Bank of Canada 2020 SR
The report outlines Laurentian Bank Financial Group's ESG commitments and performance for the 2020 fiscal year, with a significant focus on its response to the COVID-19 pandemic. Key highlights include the adoption of a TCFD roadmap, the issuance of $4 billion in green bonds, and the appointment of Rania Llewellyn as the first female CEO of a major Canadian bank. The bank also transitioned its branch network to a 100% advice model and signed the BlackNorth Initiative to combat systemic racism. Environmental efforts were bolstered by adopting the GHG Protocol for carbon footprint calculations and maintaining a $225 million renewable energy portfolio.
Company: Laurentian Bank of Canada
Sector: Financials
Country: Canada
Year: 2020
Type: SR
Pages: 26
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Laurentian Bank of Canada
Social Responsibility Report
The report outlines Laurentian Bank Financial Group's ESG commitments and performance for the 2020 fiscal year, with a significant focus on its response to the COVID-19 pandemic. Key highlights include the adoption of a TCFD roadmap, the issuance of $4 billion in green bonds, and the appointment of Rania Llewellyn as the first female CEO of a major Canadian bank. The bank also transitioned its branch network to a 100% advice model and signed the BlackNorth Initiative to combat systemic racism. Environmental efforts were bolstered by adopting the GHG Protocol for carbon footprint calculations and maintaining a $225 million renewable energy portfolio.
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Document Details
Report Year
2020
Reporting Period
Nov 1, 2019 - Oct 31, 2020
Fiscal Year
2020
Published
Mar 1, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees