National Bank of Canada is proud to announce that it has become a founding signatory of the United Nations' (UN) Principles for Responsible Banking. These six principles provide the framework for a sustainable and accountable banking system worldwide.
The UN Principles for Responsible Banking include:
- Alignment
- Impact & Target Setting
- Clients & Customers
- Stakeholders
- Governance & Culture
- Transparency & Accountability
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"For a long time, we've believed that the long-term sustained shareholder return of an institution like ours depends on our ability to maintain a healthy balance between the interests of our various stakeholders. The Principles for Responsible Banking will help us strengthen this approach and continue to play a key role in the economic and social development of the communities we serve. We're proud to be one of the founding signatories of this initiative, which will have a positive impact on current and future generations alike," stated Louis Vachon, President and CEO of National Bank of Canada.
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