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Stakeholder Engagement and Memberships

Scotiabank seeks to understand the views of a broad spectrum of stakeholders on CSR through internal and third-party surveys and through direct stakeholder discussions.

We maintain regular contact with a number of key stakeholders - such as government and non-government organizations, consumer advocacy groups, customer focus groups and academics - to get their views on key CSR issues for the financial sector, such as access to banking and environmental issues related to our lending activities.


Gathering feedback on our CSR reporting

Scotiabank invites feedback from internal and external parties on our annual CSR Report so that we can incorporate improvements in the quality and scope of our communications. Learn more

Obtaining feedback on our CSR Report and programs is a key priority for Scotiabank. We regularly solicit feedback from a number of different sources, including Canadian Business for Social Responsibility, the Consumers Council of Canada, the World Wildlife Fund, the Financial Consumer Agency of Canada, Natural Resources Canada and our own employees.

This feedback is integrated into our reporting and programs where feasible and appropriate, and is an important part of Scotiabank's commitment to continuous improvement in this area. In addition, in 2008, Scotiabank's internal Audit group verified select information contained in the 2007 CSR report, leading to process and content improvement sin the 2008 report.

As part of our commitment to CSR, we are active members of the following organizations:


UNEP Finance Initiative. Innovative financing for sustainability
The United Nationals Environmental Program Financial Initiative (UNEP FI) is a global partnership between the United Nations Environment Programme (UNEP) and the financial sector. Their mission is to identify, promote, and realize the adoption of best environmental and sustainability practice at all levels of financial institution operations.

Website: www.uniepfi.org

CBSR
Canadian Business for Social Responsibility (CBSR ) is a national non-profit, business-led membership organization of Canadian companies that have a made commitment to operate in a socially, environmentally and financially responsible manner. A globally recognized source for corporate social responsibility (CSR) in Canada, CBSR is part of a world-wide network committed to CSR.

Website: www.cbsr.ca

Fundacion PROhumana. Promoviendo la Responsabilidad Empresarial y Ciudadana
Prohumana is an organization dedicated to creating a culture of corporate social responsibility and citizenship in Chile.

Website: www.prohumana.cl

Consumers Council of Canada
The Consumers Council of Canada works collaboratively with consumers, business and government in support of consumers' rights and responsibilities.

Website: www.consumerscouncil.com

The Equator Principles. A benchmark for the financial industry to manage social and evironmental issues in project financing
The Equator Principles assist in ensuring that the projects financed by Equator Principles signatories are developed in a manner that is socially responsible and reflect sound environmental management practices.

Website: www.equator-principles.com

Imagine Canada
Scotiabank is a member of the Canadian Centre for Philanthropy and is listed as one of the Imagine Caring Company Program members that donate at least one per cent of domestic pre-tax profits to domestic charities and non-profit groups.

Website: www.imaginecanada.ca

Cemefi. Centro Mexicano Para la Filantropia. 20 anos
CEMEFI is an organization dedicated to promoting philanthropy and social responsibility in Mexico.

Website: www.cemefi.org

Catalyst
Catalyst is a non-profit membership organization working globally with businesses and the professions to build inclusive workplaces and expand opportunities for women and business.

Website: www.catalyst.org

Carbon Disclosure Project
Carbon Disclosure Project (CDP) is an initiative on behalf of international institutional investors to collect information on climate change and its impact on the world's largest companies. Scotiabank is a signatory and contributor to the CDP.

Website: www.cdproject.net

The Conference Board of Canada. Insights You Can Count On
The Conference Board's Corporate Ethics Management Council examines national and international ethics management practices and their relationship to business success.

Website: www.conferenceboard.ca

ethicscentre.ca. Canadian Centre for Ethics and Corporate Policy
Canadian Centre for Corporate Ethics and Policy is dedicated to promoting and maintaining an ethical orientation and culture in Canadian organizations.

Website: www.ethicscentre.ca
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