MONTREAL, March 17, 2014 /CNW Telbec/ - Laurentian Bank is pleased to announce
the release of its Social Responsibility Report for fiscal 2013. Available
exclusively on the Internet, the document presents an overview of the events
and accomplishments that marked the year. The report serves as a valuable
reference for the Bank's various stakeholders — shareholders, clients,
employees and communities — outlining the actions and activities implemented
by the organization last year as part of its commitment to being a responsible
"The Bank assumed its role as a socially responsible enterprise more ardently
than ever in 2013," underlined President and CEO, Réjean Robitaille. "And as
we work to serve the interests of all our stakeholders, we are dedicated to
building on our momentum in this regard."
Following are but a few of Laurentian Bank's initiatives set forth in this
-- At 38%, the Bank's Board once again had the highest proportion
of female Directors within the banking sector.
-- The past year marked the first edition of the Laurentian Bank
Montée des sommets, an event organized by employees in Québec
City that raised $50,000 in aid of the Le Petit Blanchon
-- The Bank took various different actions to limit the impacts of
its operations on the environment, including the replacement of
printers and photocopiers, the conversion of numerous paper
reports and forms into digital format, as well as holding
eco-responsible annual meetings.
-- The Business Services group participated in a number of
innovative renewable energy financing projects, such as solar
and wind farms, hydroelectric dams and biomass plants.
Moreover, this latest Social Responsibility Report draws upon Global Reporting
Initiative (GRI) indicators. The Bank brought the total number of indicators
to 68 last year, which testifies to the importance it assigns to maintaining
the transparency of its activities.
The 2013 Social Responsibility Report is available on the Bank's Web site at
laurentianbank.ca, in the Your Bank section under the Laurentian Bank tab.
About Laurentian Bank
Laurentian Bank of Canada is a banking institution whose activities extend
across Canada. Recognized for its excellent service, proximity and simplicity,
the Bank serves one and a half million clients throughout the country. Founded
in 1846, the Bank is among the 2014 edition of the Montréal's Top Employers
competition, which showcases the city's top 25 companies offering enviable
places to work. It currently employs some 3,800 people whose talent and
dedication has made it a major player in numerous market segments.
Laurentian Bank distinguishes itself through the excellence of its execution
and its agility. Catering to the needs of retail clients via its extensive
branch network and constantly evolving virtual offerings, the Bank has also
earned a solid reputation among SMEs, larger businesses and real estate
developers thanks to its growing presence across Canada and its specialized
teams in Ontario, Québec, Alberta and British Columbia. For its part, the
organization's B2B Bank subsidiary is a Canadian leader in providing banking
and investment products and services to financial advisors and brokers, while
Laurentian Bank Securities is an integrated broker that is also widely known
for its expert and effective services nationwide. The institution has more
than $33 billion in balance sheet assets and more than $39 billion in assets
SOURCE Laurentian Bank of Canada
Hélène Soulard Assistant Vice-President, Communications 514284-4500,
extension 8232 firstname.lastname@example.org
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