Investing.com
Published Apr 09, 2024 21:50
"Our purpose at EQB is to drive change in Canadian banking to enrich people's lives, and I am proud of the progress we achieved against this purpose as we continually strive be a capable contributor to society at large as befits our status as owner of
The EQB Responsibility Report marks meaningful progress and milestones within existing programs and outlines new strategies to support a more sustainable future. This year's report refreshes EQB's environmental, social and governance (ESG) strategy, transitioning instead to a broader approach under the umbrella of Responsibility that better reflects EQB's culture and attitude toward ESG matters. Moving forward, EQB will report through the lenses of contributing to communities (social), rules of engagement (governance) and helping the environment (environmental).
Key highlights from this year's report include:
Contributing to our communities
Rules of engagement
Helping the environment
To learn more about the EQB's commitment to a more sustainable and enriching future, including the EQB Responsibility Report and Equitable Bank's Public Accountability Statement and recently announced Sustainable Bond Framework, please visit eqb.com/responsibility.
EQB Inc. (TSX: EQB and EQB.PR.C) is a leading digital financial services company with
Please visit eqb.investorroom.com for more details.
Investor contact:
VP, Investor Relations & ESG Strategy
investor_enquiry@eqb.com
Media contact:
Director, PR & Communications
maggie.hall@eqbank.ca
Cautionary Note Regarding Forward-Looking Statements
Statements made in the sections of this news release, in other filings with Canadian securities regulators and in other communications include forward-looking statements within the meaning of applicable securities laws (forward-looking statements). These statements include, but are not limited to, statements about EQB Inc. (including subsidiaries) objectives, strategies and initiatives, financial performance expectations and other statements made herein, whether with respect to EQB's businesses or the Canadian economy. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "planned", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases which state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved", or other similar expressions of future or conditional verbs. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, closing of transactions, performance or achievements of EQB to be materially different from those expressed or implied by such forward-looking statements, including but not limited to risks related to capital markets and additional funding requirements, fluctuating interest rates and general economic conditions, legislative and regulatory developments, changes in accounting standards, the nature of our customers and rates of default, and competition as well as those factors discussed under the heading "Risk Management" in the MD&A and in EQB's documents filed on SEDAR at www.sedarplus.com All material assumptions used in making forward-looking statements are based on management's knowledge of current business conditions and expectations of future business conditions and trends, including their knowledge of the current credit, interest rate and liquidity conditions affecting EQB and the Canadian economy. Although EQB believes the assumptions used to make such statements are reasonable at this time and has attempted to identify in its continuous disclosure documents important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Certain material assumptions are applied by EQB in making forward-looking statements, including without limitation, assumptions regarding its continued ability to fund its mortgage business, a continuation of the current level of economic uncertainty that affects real estate market conditions, continued acceptance of its products in the marketplace, as well as no material changes in its operating cost structure and the current tax regime. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. EQB does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.
Written By: Investing.com
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