Scotiabank to Mobilize $100 Billion by 2025 to Support the Transition to a Lower-carbon and More Resilient Economy

Recognizing the critical role that the financial services sector plays in the transition to a low-carbon, more resilient and prosperous future, Scotiabank has announced its Climate Commitments to support clients in the transition to a low-carbon economy and decarbonize its own operations. Scotiabank’s five commitments, detailed in a public position statement on the Bank’s website, are: Mobilize $100 billion by 2025 to reduce the impacts of climate change. Ensure robust climate-related governance and reporting. Enhance integration of climate risk assessments in lending, financing and investing activities. Deploy innovative solutions to…

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