Bank of Nova Scotia 2021 SR
The report highlights Scotiabank's progress toward its ESG strategy, focusing on environmental action, economic resilience, and inclusive society. Key achievements include a 25% reduction in Scope 1 and 2 emissions from 2016 levels and the mobilization of $58 billion in climate-related finance. The bank joined the Net-Zero Banking Alliance and committed to becoming a net-zero bank by 2050. Social initiatives were bolstered by the launch of ScotiaRISE, a $500 million community investment program, and the deployment of $3.8 billion to women-led businesses through the Scotiabank Women Initiative.
Company: Bank of Nova Scotia
Sector: Financials
Country: Canada
Year: 2021
Type: SR
Pages: 80
Back to company
Bank of Nova Scotia
ESG Report
The report highlights Scotiabank's progress toward its ESG strategy, focusing on environmental action, economic resilience, and inclusive society. Key achievements include a 25% reduction in Scope 1 and 2 emissions from 2016 levels and the mobilization of $58 billion in climate-related finance. The bank joined the Net-Zero Banking Alliance and committed to becoming a net-zero bank by 2050. Social initiatives were bolstered by the launch of ScotiaRISE, a $500 million community investment program, and the deployment of $3.8 billion to women-led businesses through the Scotiabank Women Initiative.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Nov 1, 2020 - Oct 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees