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National Bank of Canada

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National Bank's Annual Meeting: A 160th Anniversary with the Theme of Responsibility
National Bank's Annual Meeting: A 160th Anniversary with the Theme of Responsibility

Canada NewsWire

MONTREAL, April 24, 2019 /CNW Telbec/ - This morning, National Bank held its Annual Meeting of Shareholders in the presence of numerous clients, employees and partners. To highlight its 160th anniversary, the Meeting was held in Quebec City, where the organization was founded.

National Bank's first official head office on rue Saint-Pierre in Quebec City. (CNW Group/National Bank of Canada)

In keeping with National Bank's founding mission to support economic and social development, the President and Chief Executive Officer, Louis Vachon, highlighted several recent advances in social responsibility and the environment during his address. The Annual Meeting was also certified an eco-responsible event.

Among the highlights:

  • Economic spinoffs of $1.2 billion generated by the ongoing construction of its new head office in Montreal. Around 7,000 jobs created by the project.
  • Ongoing support to the Task Force on Climate-related Financial Disclosures (TCFD). The Bank will soon complete the planning process to integrate the Task Force's recommendations into its activities.
  • Member of the United Nations Environment Programme – Finance Initiative (UNEP FI).
  • Participation in the Task Force on Canada's Economic Future (Business Council of Canada).

Quote:

"The technological, demographic, climate and geopolitical changes taking place today are some of the major challenges facing organizations in all sectors of activity. National Bank's response in this context is very clear: continuously seeking to generate a positive impact for our clients and deploy responsible initiatives, particularly with respect to the environment. Whether by designing a new, eco-responsible head office or by joining the United Nations Environment Programme – Finance Initiative, we're keeping up our efforts to contribute to economic, social and environmental development by putting people first," said Louis Vachon, President and Chief Executive Officer of National Bank.

About National Bank of Canada
With $263 billion in assets as at January 31, 2019, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 23,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.

 

National Bank's future eco-responsible head office, currently under construction in Montreal. (CNW Group/National Bank of Canada)

SOURCE National Bank of Canada

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2019/24/c5826.html

Marie-Pierre Jodoin, Senior Manager, Public Affairs and Corporate Social Responsibility, National Bank of Canada, mariepierre.jodoin@nbc.ca, Tel.: 514-394-4209Copyright CNW Group 2019

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