Responsibility & Impact
Investing in the future of everyone
We are guided by our purpose: for every future. A better tomorrow – where our customers, employees and communities all thrive – benefits everyone, including our Bank. Our approach to managing environmental, social and governance (ESG) issues focuses on areas where Scotiabank can make the biggest impact – enabling stakeholders to reach their fullest potential, mobilizing finance to address important social and environmental challenges and building trust by acting with integrity in everything we do.
Understanding our impact
In Our Operations
Promoting social, environmental and economic progress must start in our workplace, in our supply chain and in our real estate operations.
With Our Customers
We enable progress by providing customers with financial services, products and advice that help advance opportunities for positive impact.
On the World Around Us
We use knowledge and partnerships to help address the challenges that face individuals, communities and the environment.
Addressing Climate Change
Scotiabank’s Climate Report outlines how the Bank is progressing on its ambitions to address climate change, considering the risks and challenges we expect to face along the way. The 2023 Report articulates our goals for financing climate solutions, advancing towards net-zero and reducing our own emissions.
Looking for funding?
Scotiabank supports community investments that align with our goals. To see if your organization fits Scotiabank’s funding guidelines and to get started with an application, select the option that most closely describes your organization.
Community investments
Scotiabank provides funding for community investment initiatives that focus on advancing economic resilience, removing barriers to advancement and increasing access to opportunities.
Sponsorships
We help Canadians across the country bring their passions to life by supporting hockey, the arts, running events and other community initiatives that celebrate our goals and embrace our diversity.
Signature programs
Scotiabank’s Climate Goals
Climate change is one of the most pressing issues of our time, and urgent action is needed to mitigate and adapt to its impacts. Scotiabank focuses on three goals:
- Financing climate solutions by providing climate-related financing to clients in all sectors, including certain carbon intensive sectors.
- Advancing to net-zero by working with clients to achieve net-zero financed emissions by 2050.
- And reducing our own emissions.
ScotiaRISE
ScotiaRISE is Scotiabank’s 10-year $500 million community investment initiative designed to promote economic resilience among disadvantaged groups. Through targeted community investments, we can remove barriers to advancement, increase access to opportunities and create a more inclusive world.
Diversity and Inclusion
Our most important investment is the one we make in our people. By building an environment to thrive and developing and attracting the very best, we empower every future by creating a workplace where every employee can perform at their very best.
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