Scotiabank has an environmental policy in place covering our direct and indirect environmental impacts. Various groups across the Bank provide a diverse pool of expertise on environmental issues ranging from energy efficiency to the development of products and services that promote environmental stewardship among our customers and employees.

Scotiabank Environmental Policy

Our core environmental policy, supported by additional specific policies and practices relating to individual business lines, includes:

• Maintaining recycling and resource management programs that meet or exceed legislated environmental requirements
• Conducting our internal operations in a manner consistent with environmental protection and the principles of sustainable development, with due regard for associated benefits and costs
• Promoting an environmentally responsible workplace by educating and motivating employees to become more involved in the conservation of resources
• Conducting environmental audits and assessments of compliance with the Bank's requirements
• Incorporating and maintaining environmental assessment criteria in our risk management procedures and in the ongoing management of our assets
• Including environmental criteria in assessing relationships with contractors and suppliers
• Contributing to an ongoing dialogue with government, industry and relevant stakeholder groups to establish environmental goals.