Sustainable Business Strategy Overview
Environment
credentials
01 SUSTAINABLE BUSINESS AT SCOTIABANK
Addressing climate change is
an essential part of creating a
sustainable future.
TRANSPARENCY
IN REPORTING
Scotiabank has been
reporting to CDP since
2004. Our submission is
publically available on
our website.
ALIGNMENT
WITH TCFD
Scotiabank started
implementing the
recommendations of
TCFD in our 2018 Annual
Report and 2018
Sustainable Business
Report.
REDUCING OUR
OWN IMPACT
Our GHG reduction
target (10% by 2021,
based on 2016 levels) is
supported by an Internal
Carbon Price ($15/tonne)
that helps to fund energy
efficiency initiatives.
We have set targets in our own
operations, are transparent in
our reporting, and seeking new
opportunities in our core
business activities to address
climate change.
RENEWABLE
ENERGY
FINANCING
In 2018 we were proud
to have provided over
$8.5 billion in renewable
energy financing, up
from $4.7 billion in 2017.
GREEN BOND
UNDERWRITING
Scotiabank was the Joint
Bookrunner on the first
green bond public
offering in Peru, and the
only green bond in
Mexico positively
endorsed by two SPOs.
PARTNERSHIPS
Patron Supporter of the
Conference Board of
Canada's Centre on Low
Carbon Growth Economy,
member of UN Global
Compact, UNEP FI, PRI
and CPLC.
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