| Website | http://www.nbc.ca |
| Headquarters |
600 de la Gauchetière St.
H3B 4L2 Montreal
Canada
|
| CEO/chair |
Laurent Ferreira President & CEO |
| Supervisor | |
| Ownership |
listed on Toronto Stock Exchange
National Bank of Canada's complete shareholder structure can be accessed here. |
National Bank of Canada is a commercial bank, founded in 1979 and headquartered in Montreal, Canada. The bank provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International.
National Bank of Canada's most important sustainability commitments can be found at the website sections listed below.
National Bank Of Canada is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of National Bank Of Canada's link to these deals.
National Bank of Canada does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance.
This page evaluates National Bank of Canada's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of National Bank of Canada’s fossil fuel policy below.
National Bank of Canada left the Net Zero Banking Alliance (NZBA) on 17 January 2025. Before that, as a NZBA member it had committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack will keep track of Goldman Sachs and other ex-NZBA member banks' climate action in a specific section of the NZBA tracker.
