Tag: Scotiabank

Scotiabank Releases Its 2020 Environment, Social and Governance (ESG) Report Highlighting Progress in Diversity and Inclusion, Climate and Sustainable Finance

Stuart Mitchell

Scotiabank has released its 2020 Environment, Social and Governance Report, a comprehensive review of the Bank’s progress in delivering for every future. The report outlines Scotiabank’s ongoing commitment to building a more resilient, inclusive and sustainable world by advancing the issues that matter most to customers, shareholders, employees, and communities. Scotiabank’s approach to ESG focuses on four pillars – Environmental Action, Economic Resilience, Inclusive Society, and Leadership & Governance. “Scotiabankers remain deeply committed to advancing environmental, social, and governmental issues, while continually delivering for our customers, shareholders, and fellow employees,”…

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Scotiabank Stepping up Fight to End Human Trafficking With New Funding for Innovative Programs

Stuart Mitchell

Ahead of World Day Against Trafficking in Persons, Scotiabank stepped up the fight against human trafficking and online child sexual exploitation. The Bank provided support to three organizations—the Anti-Human Trafficking Intelligence Initiative, the Canadian Centre for Child Protection, and The Knoble—that are facilitating crucial information sharing and combatting the growing proliferation of child sexual abuse material in a bid to end human trafficking around the world. “Human trafficking and online child sexual exploitation continue to proliferate, and a coordinated, innovative response from across sectors is required to disrupt the flow…

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Scotiabank Issues USD 1 Billion Sustainability Bond

Stuart Mitchell

Scotiabank has announced the closing of its inaugural USD 1 billion 3-year Sustainability Bond offering, in support of the Bank’s commitment to making a positive impact and creating better communities for every future. Net proceeds from the Sustainability Bond offering will be used to fund the financing or refinancing, in whole or in part, eligible green and/or social assets, which refer to new or existing assets, businesses or projects that meet the Scotiabank Sustainable Bond Framework Eligibility Criteria. This is the largest Sustainability Bond issued by a Canadian Financial or…

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Scotiabank Launches Net Zero Research Fund to Boost Transition to a Low-Carbon Economy

Stuart Mitchell

As part of its continued efforts to combat climate change, Scotiabank has established a Net Zero Research Fund to initiate partnerships with leading think tanks and academic institutions that are supporting key sectors in their efforts to decarbonize. The $1 million fund will advance research and leadership in support of global decarbonization efforts. “Important conversations are being had about how the global goal of a net-zero economy by 2050 can avoid the worst impacts of climate change. I’m proud of our Bank’s progress to decarbonise towards net-zero for our own operations, while…

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Scotiabank Joins the Hockey Diversity Alliance to Support Its Mission to Eradicate Systemic Racism in Hockey

Stuart Mitchell

Scotiabank has announced a sponsorship agreement with the Hockey Diversity Alliance (HDA) to further their collective mission of eradicating systemic racism in the game of hockey. As a Founding Partner, Scotiabank’s sponsorship will help the HDA deliver grassroots programming designed to change the face and culture of the game at all levels. Scotiabank will also work with existing partners – beyond hockey – to introduce the recommendations put forth by the HDA and use its influence as a force for change. “Scotiabank is committed to opening up the game of…

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