Laurentian Bank of Canada 2023 SR
The report highlights Laurentian Bank's progress in its ESG journey during the 2023 fiscal year, including a 30% reduction in Scope 1 and 2 greenhouse gas emissions compared to 2022. The bank established a formal 35% reduction target for these emissions by 2030 and disclosed Scope 3 financed emissions for residential mortgages and corporate real estate. Social achievements include signing the Women in Capital Markets' Parental Leave Pledge and donating over $770,000 to non-profits. In governance, the bank achieved its board diversity target ahead of schedule, with 55% of independent board members being women and 15% from other underrepresented groups. The report also details the integration of environmental and social risk management into the bank's framework and its alignment with TCFD and SASB standards.
Company: Laurentian Bank of Canada
Sector: Financials
Country: Canada
Year: 2023
Type: SR
Pages: 88
Back to company
Laurentian Bank of Canada
ESG Report And Public Accountability Statement
The report highlights Laurentian Bank's progress in its ESG journey during the 2023 fiscal year, including a 30% reduction in Scope 1 and 2 greenhouse gas emissions compared to 2022. The bank established a formal 35% reduction target for these emissions by 2030 and disclosed Scope 3 financed emissions for residential mortgages and corporate real estate. Social achievements include signing the Women in Capital Markets' Parental Leave Pledge and donating over $770,000 to non-profits. In governance, the bank achieved its board diversity target ahead of schedule, with 55% of independent board members being women and 15% from other underrepresented groups. The report also details the integration of environmental and social risk management into the bank's framework and its alignment with TCFD and SASB standards.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Nov 1, 2022 - Oct 31, 2023
Fiscal Year
2023
Published
Mar 7, 2024
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 on Board
Women in Management
Employees