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Laurentian Bank Releases its 2023 ESG Report
Laurentian Bank Releases its 2023 ESG Report Canada NewsWire MONTRÉAL ...
About this update from Laurentian Bank Of Canada
[{"type":"text","content":"\n \n \n \n Laurentian Bank Releases its 2023 ESG Report\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n MONTRÉAL\n \n ,\n \n \n March 7, 2024\n \n \n /CNW/ - Laurentian Bank (the \"Bank\") is pleased to announce the publication of its 2023 Environmental, Social, and Governance (ESG) Report. The report showcases the Bank's ongoing progress in supporting sustainable environmental, social, and economic change by focusing on initiatives that make a meaningful impact within its communities, establish trust with its customers, inspire pride among its employees, and drive value for its shareholders.\n \n \n Over the past year, the Bank has delivered on a number of notable accomplishments as part of its ESG strategy:\n \n \n \n \n Environment\n \n \n As part of the Bank's commitment to climate action, it reduced its Scope 1 & 2 GHG emissions by 30%. This marks significant progress against its target of a 35% reduction by 2030, from a 2022 base year.\n \n \n As part of the Bank's commitment to understanding and reporting on the GHG impact of its lending activities, in this year's report the Bank has calculated and is disclosing an estimate of its residential mortgages financed emissions using the Partnership for Carbon Accounting Financials (PCAF) methodology. This is in addition to its estimated Corporate Real Estate Scope 3 financed emissions, which it is disclosing for the second consecutive year.\n \n \n \n \n \n Employee Experience\n \n \n Laurentian Bank continues its focus on enhancing the employee experience by building up and fostering equity, diversity, and inclusion within its workplace, and investing in new and enhanced initiatives, including the launch of its fourth Employee Resource Group, supporting Newcomers to\n \n Canada\n \n and their allies.\n \n \n The Bank was proud to sign the Women in Capital Markets' Parental Leave Pledge, allowing fathers, same-sex partners, and parents adopting a child under one year of age to benefit from a top-up of their salary paid by the Bank during their leave.\n \n \n \n \n \...