National Bank of Canada 2023 SR
The report outlines National Bank of Canada's ESG progress for the 2023 fiscal year, emphasizing its commitment to a just energy transition and community well-being. Key highlights include achieving a 72% renewable energy consumption rate and providing $11 billion in capital for renewable energy projects since 2019. The bank also focused on financial inclusion, being named the best bank for newcomers to Canada, and maintained a strong governance framework with 42.9% women on its Board of Directors. Furthermore, the bank established new interim reduction targets for financed emissions and continued its path toward net-zero emissions by 2050.
Company: National Bank of Canada
Sector: Financials
Country: Canada
Year: 2023
Type: SR
Pages: 102
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National Bank of Canada
ESG Report
The report outlines National Bank of Canada's ESG progress for the 2023 fiscal year, emphasizing its commitment to a just energy transition and community well-being. Key highlights include achieving a 72% renewable energy consumption rate and providing $11 billion in capital for renewable energy projects since 2019. The bank also focused on financial inclusion, being named the best bank for newcomers to Canada, and maintained a strong governance framework with 42.9% women on its Board of Directors. Furthermore, the bank established new interim reduction targets for financed emissions and continued its path toward net-zero emissions by 2050.
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Document Details
Report Year
2023
Reporting Period
Nov 1, 2022 - Oct 31, 2023
Fiscal Year
2023
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