Sustainable Business Strategy Overview slide image

Sustainable Business Strategy Overview

02 GREEN BOND FRAMEWORK 11 Eligibility Criteria Eligible Categories Renewable Energy AFFORDABLE AND 7 CLEAN ENERGY Examples of Eligible Green Assets Loans related to the acquisition, development, manufacturing, construction, operation and maintenance, distribution and transmission of renewable energies such as: • Offshore and Onshore Wind • Concentrated Solar Power •Solar Photovoltaic • Tidal • Geothermal • Small scale hydro (<25 MW) and run-of-river • Waste Biomass The Scotiabank Green Bond Framework aligns with the six UN Sustainable Development Goals (SDGs) identified here. Energy Efficiency 7 AFFORDABLE AND CLEAN ENERGY Pollution prevention and control SUSTAINABLE CITIES 11 AND COMMUNITIES 12 RESPONSIBLE AND PRODUCTION Environmentally CONSUMPTION Q sustainable management of living natural resources and land use 15 LIFE ON LAND Loans related to activities that contribute to the reduction of energy consumption and help manage and store energy such as: Energy efficient investments in new or refurbished buildings which result in energy savings higher than 20%; including but not limited to retrofit, thermal insulation and/or upgrade of air conditioning system Energy Storage Systems Energy Efficient Lighting (LED lighting) • Energy Efficient District Heating and Cooling • Smart grid investments for more efficient transmission and distribution of energy Loans related to activities that contribute to soil remediation, waste prevention and collection, waste reduction and waste recycling such as: Development, operation and upgrade of recycling (metals, plastic and paper) plants Facilities, systems and equipment that are used to divert waste from landfills Loans related to activities that contribute to the sustainable management of living natural resources and land use as well as the natural ecosystem protection or restoration such as: • Environmentally sustainable agriculture certified by recognized third-party certifications such as EU Organic, USDA Organic or Canada Organic Environmentally sustainable animal husbandry certified by recognized third-party certifications such as Rainforest Alliance or Fairtrade • Climate smart farm inputs such as biological crop protection certified by recognized third-party certifications such as Rainforest Alliance or Fairtrade • Environmentally sustainable fishery and aquaculture, certified by recognized third-party certifications such as Marine Stewardship Council, Aquaculture Stewardship Council or Friend of the Sea • Sustainable forest management, including afforestation or reforestation, and certifications to recognized third-party standards such as Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification (PEFC) • Preservation or restoration of natural landscapes (habitat is appropriate for the location and is maintained in good health)
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