National Bank of Canada 2020 AR2
The report highlights National Bank of Canada's financial and ESG performance for the fiscal year ended October 31, 2020. Amidst the challenges of the COVID-19 pandemic, the bank prioritized the well-being of its employees and clients while delivering a net income of $2,083 million and an industry-leading return on equity of 14.9%. On the ESG front, the bank announced an ambitious target to reduce its greenhouse gas emissions by 25% by 2025 compared to 2019 levels. Additionally, the bank became a signatory to the UN Women's Empowerment Principles and committed to the BlackNorth Initiative to promote diversity and inclusion.
Company: National Bank of Canada
Sector: Financials
Country: Canada
Year: 2020
Type: AR2
Pages: 234
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National Bank of Canada
Annual Report
The report highlights National Bank of Canada's financial and ESG performance for the fiscal year ended October 31, 2020. Amidst the challenges of the COVID-19 pandemic, the bank prioritized the well-being of its employees and clients while delivering a net income of $2,083 million and an industry-leading return on equity of 14.9%. On the ESG front, the bank announced an ambitious target to reduce its greenhouse gas emissions by 25% by 2025 compared to 2019 levels. Additionally, the bank became a signatory to the UN Women's Empowerment Principles and committed to the BlackNorth Initiative to promote diversity and inclusion.
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Document Details
Report Year
2020
Reporting Period
Nov 1, 2019 - Oct 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees