Global Wealth Management and Banking Overview
Environmental, Social & Governance
Environmental
Over $28 billion mobilized to reduce the
impacts of climate change out of $100 billion
target by 20251
Established a dedicated ESG Equity Research
Team and launched a Sustainable Finance
Group within Global Banking and Markets
Published inaugural Green Bond Report
outlining the impact and use of proceeds
from Scotiabank's US $500 million 3.5 year
Green Bond issued in 2019
Implemented a Climate Change Risk Rating
tool for all business banking loans as a
mandatory part of credit due diligence
Established multi-year partnership with the
Institute for Sustainable Finance at Queen's
University as part of Climate Change Centre
of Excellence
TCFD
REFINITIV
TOP 100 COMPANY 2020
Diversity and Inclusion Index.
Member of
Dow Jones
Sustainability Indices
Powered by the S&P Global CSA
1 Since November 1, 2018; 2 As of October 31, 2020
TASK FORCE O
CUMATE-RELATED
FINANCIAL
DISCLOSURES
•
Social
Launched Scotia RISE in January 2021, a 10-
year, $500 million initiative to promote
economic resilience among disadvantaged
groups
Invested almost $85 million in communities
in which we operate, through donations,
community sponsorships, employee
volunteering, and other types of community
investment
Contributed over $16 million to support
people and communities most at risk during
the pandemic, including direct contributions
for COVID-19 relief, as well as support of
hospitals and healthcare professionals
Launched renewed five-year Diversity and
Inclusion Goals, with a focus on people who
identify as Black, Indigenous Peoples, Visible
Minorities, People with Disabilities and
Women
CDP UNⒸ
DRIVING SUSTAINABLE ECONONIES
environment
programme
finance
initiative
GIORAL COME
United Nations
UN
Global Compact WOMEN
Governance
Ranked in the top 1% of global financial
institutions for Corporate Governance by the
Dow Jones Sustainability Index
Strengthened approach to responsible
procurement and supplier diversity by joining
Canadian Aboriginal and Minority Supplier
Council
46% of Board Directors are women². We first
established a Board Diversity Policy in 2013
Spearheaded the development of Project
Shadow, a public-private partnership
designed to combat online child sexual
exploitation by enhancing methods to detect,
report and disrupt suspicious financial
transactions
Developed new internal training on ethics in
artificial intelligence (AI) and delivered a data
ethics workshop for executives
Bloomberg
Gender Equality
Index
2021
EQUATOR
PRINCIPLES
PRI
17View entire presentation