National Bank of Canada 2022 SR
The report outlines National Bank of Canada's progress toward its ESG strategy, highlighting its commitment to achieving net-zero emissions by 2050. Key achievements in 2022 include the publication of its first relative importance matrix and the growth of its renewable energy loan portfolio to $7.2 billion. The company also focused on social impact, donating over $15 million to community organizations and supporting financial literacy through partnerships. Additionally, the bank emphasized its digital transformation and cybersecurity measures to protect client data. Governance remains a priority, with 40% of the Board of Directors being women and the integration of ESG criteria into executive compensation.
Company: National Bank of Canada
Sector: Financials
Country: Canada
Year: 2022
Type: SR
Pages: 101
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National Bank of Canada
ESG Report
The report outlines National Bank of Canada's progress toward its ESG strategy, highlighting its commitment to achieving net-zero emissions by 2050. Key achievements in 2022 include the publication of its first relative importance matrix and the growth of its renewable energy loan portfolio to $7.2 billion. The company also focused on social impact, donating over $15 million to community organizations and supporting financial literacy through partnerships. Additionally, the bank emphasized its digital transformation and cybersecurity measures to protect client data. Governance remains a priority, with 40% of the Board of Directors being women and the integration of ESG criteria into executive compensation.
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Document Details
Report Year
2022
Reporting Period
Nov 1, 2021 - Oct 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees