National Bank of Canada | Materiality matrix at National Bank of Canada

Status
Withdrawn
AGM date
Previous AGM date
Proposal number
8
Resolution details
Company ticker
NA:CN
Resolution ask
Report on or disclose
ESG theme
  • Environment
  • Governance
ESG sub-theme
  • Corporate purpose
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
Canada
Resolved clause
It is proposed that the Bank include, in its annual social responsibility report, a materiality matrix that would help readers better understand the issues involved in the company’s sustainable development strategy, in terms of its priorities as an institution and the expectations of its stakeholders.
Supporting statement
It is likely that you engage shareholder and investor groups throughout the year on a variety of issues, including governance, the environment, diversity and inclusion, as well as financial performance and strategy. All stakeholders should be informed of the results of this consultation about their needs and how they align with the Bank’s priorities.  More specifically, we are asking you to include, in your social responsibility report, a matrix showing the relative importance of your issues according to the weight given to them by your company and your stakeholders (see Bank of Montreal’s Annual Sustainability Report, page 13), in accordance with the approach prescribed by the Global Reporting Initiative (GRI). 

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