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EQB highlights progress towards key sustainability milestones in 2025 Responsibility Report

EQB Capital Raise Validates PC Financial Integration Strategy Amidst Banking Sector Volatility

By The Northwire Desk — AI Analysis Apr 21, 2026 · 13:17 EQB · 121.74 EQB INC.

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EQB Inc. released its 2025 Responsibility Report, detailing significant progress in environmental, social, and governance (ESG) priorities.
The company reported substantial growth in key lending segments, including $4.3 billion in CMHC-insured multi-unit residential loans.
Key operational milestones include the acquisition of over 90,000 new personal accounts and a notable increase in diversity within senior leadership.

Lending & Housing: Funded $4.3 billion in Canada Mortgage and Housing Corporation (CMHC)-insured multi-unit residential loans in 2025, with $3.5 billion qualifying under the MLI Select program.
Customer Growth: More than 90,000 Canadians opened EQ Bank Personal Accounts in 2025.
SME Lending: Achieved an 8% year-over-year growth in lending to self-employed Canadians and small/medium-sized businesses.
Climate & Environment:
- Deployed $24 million in seed capital to support the Climate and Social Fund of ACM Advisors.
- Maintained carbon neutrality for Scope 1 and Scope 2 emissions since 2020 through verified emission reduction (VER) credits.
- Relocated to a Gold-certified LEED® office building in Toronto.
Diversity & Inclusion:
- Achieved a seven percentage point increase in female representation in senior leadership.
- Achieved a four percentage point increase in leaders identifying as racialized persons compared to the previous year.
Workforce & Compensation:
- Internal candidates filled 33% of new roles in 2025, representing a 55% increase from the prior year.
- Increased employer match under the Employee Share Purchase Plan (ESPP), leading to a nearly 20% increase in total ESPP contributions.

Chadwick Westlake, President and CEO: "At EQ, we're building better banking for Canadians by challenging the system to work harder for them. We're focused on strengthening Canada's financial system by driving real competition and expanding access to innovative, rewarding banking that delivers where it matters most. That same long-term, future-focused mindset guides our approach to environmental, social and governance practices, and reflects our commitment to acting with purpose and discipline as we create lasting value for Canadians."

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