Laurentian Bank of Canada 2022 SR
The report outlines Laurentian Bank's ESG progress for the 2022 fiscal year, highlighting the establishment of a 35% absolute reduction target for Scope 1 and 2 emissions by 2030. Key achievements include the launch of an inaugural Sustainable Bond Framework and the calculation of the first asset class of Scope 3 financed emissions. Socially, the bank introduced the Giving Beyond Numbers™ corporate giving strategy and implemented new equity, diversity, and inclusion policies for its Board and employees. Governance enhancements featured the creation of an Environmental & Social risk management function and improved ESG risk ratings. The report also includes disclosures aligned with TCFD and SASB standards.
Company: Laurentian Bank of Canada
Sector: Financials
Country: Canada
Year: 2022
Type: SR
Pages: 83
Laurentian Bank of Canada
The report outlines Laurentian Bank's ESG progress for the 2022 fiscal year, highlighting the establishment of a 35% absolute reduction target for Scope 1 and 2 emissions by 2030. Key achievements include the launch of an inaugural Sustainable Bond Framework and the calculation of the first asset class of Scope 3 financed emissions. Socially, the bank introduced the Giving Beyond Numbers™ corporate giving strategy and implemented new equity, diversity, and inclusion policies for its Board and employees. Governance enhancements featured the creation of an Environmental & Social risk management function and improved ESG risk ratings. The report also includes disclosures aligned with TCFD and SASB standards.
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Document Details
Report Year
2022
Reporting Period
Nov 1, 2021 - Oct 31, 2022
Fiscal Year
2022
Published
Mar 14, 2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women in Management
Employees