The Montreal-based bank can begin issuing debt specifically to finance or refinance eligible projects, loans, and investments with social or environmental benefits. (The Logic)
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The Montreal-based bank can begin issuing debt specifically to finance or refinance eligible projects, loans, and investments with social or environmental benefits. (The Logic)
Talking point: Environmental and social ratings and analytics organization Sustainalytics provided third-party validation that the framework aligns with international standards. Laurentian CEO Rania Llewellyn said the framework is essential for implementing the bank’s strategic plan, “which is anchored in a commitment to incorporating ESG into all of our operations and activities.” A string of banks in Canada have set sustainable bond frameworks in recent years, laying the foundation to commit a larger share of their financing to projects that align with net-zero goals.
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