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Bremer Bank reports progress, makes new commitments in 2022 ESG report

05.09.23

Bremer Bank today furthered its commitment to customers, communities and the planet through the release of its 2022 Environmental, Social and Governance (ESG) report. This second report provides expanded, tangible ways that Bremer is building on its ESG work and aligning its ESG goals with its purpose of cultivating thriving communities.

“Bremer’s 80-year history of partnering with and supporting the communities we serve defines our corporate purpose. As a company driven to cultivate thriving communities, we recognize that prioritizing various aspects of ESG are critical to our continued growth,” said Bremer President and CEO Jeanne Crain. “Our ESG efforts are ever evolving. With new and renewed focus, we are readily positioned to continue this important work.”

ESG reporting features environmental, social and governance considerations with corresponding metrics and methods used to measure a company’s performance against ESG risks, opportunities and strategies.

Bremer’s 2022 ESG highlights include:

  • 14% of Bremer buildings converted to LED lighting – double the rate from 2021.

  • Supported $67 million in Community Reinvestment Act projects.

  • Launched a materiality assessment to gather ESG-related feedback from internal and external stakeholders.

Following a recommendation in its 2021 report, Bremer established a new, cross-functional ESG Council comprised of almost 20 Bremer team members who are leading the company’s ESG efforts, ensuring it continues to live out Bremer’s purpose of cultivating thriving communities.

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 and celebrating 80 years, 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.