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.
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).
"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.