Scotiabank received a number of important awards and other recognition in 2008 for its commitment to corporate social responsibility, including efforts in several countries related to diversty, equality, community involvement and the environment. Here are a few examples:
50 Best Employers in Canada
Scotiabank was named to this list for the fourth straight year, based on feedback from both employees and organizational leaders in a survey by Hewitt Associates. Scotiabank placed 19th on the list, up from 44th in 2007, and was the highest-placed bank on the list.
Catalyst Award
In 2007, Scotiabank received the Catalyst Award for Advancement of Women strategy and the program was launched internationally and continues to be a key global initiative for Scotiabank.
Training Magazine 2008 Top 125 (for the fifth consecutive year)
Scotiabank ranked 14th, down slightly from 12th in 2007 (but well ahead of 47th in 2006, 71st place in 2005 and 80th in 2004). The Bank was the only Canadian financial institution on this year's list, and the top-ranked Canadian-based organization. The award recognizes Scotiabank's programs, policies and initiatives among world-class peers.
Best Place to Work in Central America & Caribbean (2008, Great Place to Work Institute)
This annual list is based primarily on employees' feedback to an employee survey that measures the level of trust, pride and camaraderie within the workplace. Scotiabank locations that participated include Puerto Rico, the Dominican Republic, El Salvador and Costa Rica.
Great Place to Work Institute (Mexico, 2008)
Scotiabank Mexico earned 11th place among 348 firms surveyed, marking the fifth straight year it has earned this recognition. The Bank ranked number one among financial services companies.
Socially Responsible Business Award (2008, the Mexican Centre for Philanthropy (CEMEFI))
Scotiabank Mexico was honoured with the Socially Responsible Business Award 2008 by the Mexican Centre for Philanthropy (CEMEFI), as a result of workplace, community, environmental, ethics, governance and marketing practices.
Employer of the Year (Belize Chamber of Commerce & Industry and Rotary Club of Belize)
Scotiabank (Belize) Ltd. received the first-ever award as Overall Best Employer, chosen from among 11 semi-finalists.
Gender Equity Model (Women's National Institute)
Scotiabank Mexico achieved one of the highest compliance levels in the history of the program in Mexico (98% compliance grade).
Award for Business Excellence on HIV/AIDS in the Workplace (Guyana Business Coalition on HIV/AIDS)
Scotiabank Guyana was recognized for the second consecutive year as being in the forefront with programs for its employees and customers, and chairing the private sector response against HIV and AIDS for the last three years.
Free Access Certification (Civil Association Libre Acceso A.C.)
Scotiabank's branch at Avenida Reforma 222 in Mexico City was certified as a place that fulfills the maximum level of accessibility and use for disabled people. This is the first time in Mexico that a bank branch was recognized as fully accessible for workers and clients.
Corporate Social Responsibility Award, 2008 (Scotiabank Jamaica, Jamaica Employers' Federation)
Awarded for voluntary, positive initiatives and partnerships, resulting in community and marketplace development.
United Nations Global Compact Office
Scotiabank Mexico's 2008 Global Compact Communication on Progress (CoP) received the status of "Notable" from the UN Global Compact Office. This means Scotiabank Mexico is an example to other companies in the world, for its strategic planning on CSR and the transparency in which it is measured. Scotiabank was the first Mexican company to achieve this recognition.
Carbon Disclosure Project (CDP)
In 2008, Scotiabank was recognized as a Carbon Disclosure Leader among Canadian companies committed to providing investor transparency on climate change risks, opportunities and strategies by the Carbon Disclosure Project (CDP) among low-carbon impact sector companies in Canada.
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Scotiabank named a Canadian Carbon Disclosure Leader
In 2008, Scotiabank was recognized as a Carbon Disclosure Leader among Canadian companies, for providing transparent information to investors on climate change risk, opportunities and strategies, as part of its response to the Carbon Disclosure Project (CDP).
Each year, CDP - the world's largest investor coalition - solicits carbon data from 3,000 companies worldwide, including 200 Canadian companies. CDP leaders generally demonstrate a heightened awareness of climate change risks and opportunities facing their companies and provide detail on the potential financial implications of these issues.
"Investors are increasingly assessing this information when making investment decisions, and the CDP has improved transparency around potential corporate risks and opportunities, as well as the business strategies developed to manage them," notes Barb Mason, Executive Vice- President, Wealth Management, Scotiabank.
To view Scotiabank's response to the CDP, please visit www.cdproject.net.
