MONTREAL , March 6, 2025 /CNW/ - National Bank of Canada (the "Bank") today announced the release of several sustainability reports which cover the year 2024. These are the Sustainability Report, the Climate Report and the Report on Responsible Investment Advances of National Bank Investments (NBI). These reports can be viewed in the Codes and commitments section of nbc.ca.

Sustainability Report
The Sustainability Report provides an overview of the commitments the Bank and its main subsidiaries made to various stakeholders in 2024. It presents our achievements, initiatives and approaches as well as our environmental, social and governance (ESG) advances. This year's report also sets out our initiatives and indicators in terms of inclusion, diversity and equity, which were previously published in a separate booklet.

Climate Report
National Bank is determined to achieve its ambitious objectives in the fight against climate change. The Bank's Climate Report underscores the Bank's pragmatic approach, its advances and its commitment to supporting clients in their own decarbonization efforts. In line with its ambitions, the Bank has established a new objective that aims to increase its financing for the renewable energy sector to a total of $20 billion by 2030.

Report on Responsible Investment Advances of National Bank Investments (NBI)
This report presents NBI's responsible investment advances in 2024. We are committed to maintaining attentive service tailored to our clients' needs so we can find solutions that support their transition to a sustainable economy while helping them achieve their financial goals.

These reports contain a wealth of useful information, and stakeholders are encouraged to review them in order to continue the constructive conversations they have had with the Bank over a number of years.

Caution Regarding Forward-Looking Statements
Certain statements made in this press release are forward-looking statements, including statements with respect to the Bank's targets and commitments regarding sustainable development, environmental, social and governance matters, including its renewable energy financing objective, its ambitions in terms of responsible investment and the actions that the Bank will take to achieve them, including its climate strategy and all objectives related to transitioning to a low-carbon economy and supporting clients in this transition. These forward-looking statements are based on our current expectations, estimates and intentions and are subject to inherent risks and uncertainties, many of which are beyond the Bank's control and the effects of which can be difficult to predict. These factors, risks and uncertainties are detailed in the Caution Regarding Forward-Looking Statements included in the Sustainability Report, in the Climate Report and in the Report on Responsible Investment Advances of NBI. Additional information is also available in the Risk Management section of the Bank's 2024 Annual Report and may be updated in the quarterly shareholders' reports subsequently published. Investors and others who rely on the Bank's forward-looking statements should carefully consider the aforementioned factors as well as the uncertainties they represent and the risk they entail. Except as required by law, the Bank does not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time, by it or on its behalf. The forward-looking information contained in this press release is presented for the purpose of interpreting the information contained herein and may not be appropriate for other purposes.

About National Bank Investments Inc.
National Bank Investments Inc. (NBI) is an investment funds management firm committed to manufacturing and offering mutual funds, investment solutions and services designed to help Canadian investors pursue their financial goals. As at December 31, 2024 , assets under management in NBI products were valued at over $96.58 billion .

Guided by an open architecture strategy, NBI is dedicated to providing diverse solutions to meet the evolving needs of its clients. NBI consistently strives to be recognized as a key partner by combining innovation and excellence. NBI's role is not limited to administrative aspects of management; NBI Advisory Services and its registered representatives form a team of specialists who provide information and advice to help advisors build portfolios adapted to their clients' financial needs. Follow NBI's activities at nbinvestments.ca or via social media such as YouTube and LinkedIn .

National Bank Investments is a signatory of the United Nations-supported Principles for Responsible Investment, a member of Canada's Responsible Investment Association and a founding participant in the Climate Engagement Canada initiative.

About National Bank of Canada
With $484 billion in assets as at January 31, 2025 , National Bank of Canada is one of Canada's six systemically important banks. It has approximately 30,000 employees in knowledge-intensive positions and operates through three business segments in Canada : Personal and Commercial Banking , Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of our Canadian operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media.

SOURCE National Bank of Canada

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