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Bremer Bank shares Environmental Social and Governance impact, issues its first ESG report

04.28.22

Bremer Bank shared its Environmental, Social and Governance impact as it released its first and foundational ESG report, informed by significant conversations with the Bremer team and the company’s ongoing work to serve and support its customers, communities and the planet in new and better ways.

“The decision to create this foundational report was simple: Multiple once-in-a-generation events over the last two years have underscored the importance of a company’s environmental, social and governance impacts,” said Bremer Bank President and CEO Jeanne Crain. “These events – and resulting challenges, in many cases – have highlighted how important it is for Bremer Bank to incorporate ESG as a critical part of living out our purpose of cultivating thriving communities.”

All companies have a part to play in furthering each of the UN’s sustainable development goals. Bremer has identified four areas that mirror its purpose and commitment, where its focus will have the most impact:

  • No poverty

  • Decent work and economic growth

  • Reduced inequalities

  • Sustainable cities and communities

ESG reporting encompasses both qualitative disclosures of topics as well as the quantitative metrics used to measure a company’s performance against ESG risks, opportunities and related strategies. The rollout of the report is part of Bremer’s ongoing purpose to cultivate thriving communities and comes on the heels of its first racial equity action plan developed in June 2020.

Bremer’s ESG work is considered an ongoing effort and updated reports will be created regularly to reflect the needs of the people and communities Bremer serves.

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About Bremer Financial Corporation

Bremer Financial Corporation is a privately held, regional financial services company with $16 billion in assets, jointly owned by the Otto Bremer Trust and Bremer employees. Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, mortgage, investment, wealth management, and insurance products and services throughout Minnesota, North Dakota and Wisconsin. Clients include small businesses, mid-sized corporations, agribusinesses, nonprofits, public and government entities, and individuals and families.