Scotiabank: Climate Change

Scotiabank has a large global footprint and recognizes that a better, more prosperous future is intrinsically linked to the well-being of our planet.  We aim to reduce our own environmental footprint, including setting emission reduction targets.

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Videos from this campaign

Content from this campaign

Environment

Scotiabank Addresses Climate Change by Establishing an Internal Carbon Price
As part of our commitment to the Carbon Pricing Leadership Coalition, we implemented an internal carbon price in 2018. After
consultations with external experts and a thorough peer review, we established an internal tax of CAD$15 per tonne of CO2 for our
global Scope 1 and 2 emissions. This allowed us to fairly compare projects that required higher upfront costs (but delivered longer-term energy savings), with those that were more cost-effective but short-term solutions.

Environment

Relay Education is Leading the Way in Energy Literacy Across Canada
The transition to 100 per cent renewable energy is underway across Canada. In 2018, 15,000 youth will participate in Relay Education's renewable energy workshops as part of this national energy shift.

Sustainable Finance & Socially Responsible Investment

Scotiabank Proudly Supports the Task Force on Climate-related Financial Disclosure
Scotiabank today proudly announced its support of the Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD).

Environment

GEEP Collaborates with Canada's Big Five Banks to Host a Personal Household E-Waste Recycling Event in the GTA From October 17th - 19th
In support of Waste Reduction Week, GEEP (Global Electric Electronic Processing) is pleased to work together with the five major Canadian banks (BMO, CIBC, RBC, Scotiabank and TD) to build awareness and educate consumers and companies alike about the environmental impacts of electronic waste also referred to as e-waste.

Environment

Scotiabank Instilling Environmental Awareness and a Commitment to Green Mobility
Climate change and air pollution are large environmental challenges affecting all of us. At Scotiabank, we recognize that a better future is intrinsically linked to the health of our planet, and we are committed to reducing our impact on the environment.

Environment

Scotiabank CSR Perspectives: La Sabana Park Restoration Project in Costa Rica
Since 2008 Scotiabank Costa Rica has been in charge of an ecological restoration in La Sabana park in the middle of San Jose, Costa Rica, a place where people go to be active.

Environment

Green Turns to Gold at the Scotiabank Toronto Waterfront Marathon
Eugene, OR — The Scotiabank Toronto Waterfront Marathon (STWM), held October 16, 2016 and hosted by Canada Running Series, has achieved Gold Level Certification from the Council for Responsible Sport (Council) by improving performance from its first certification effort (silver) in 2015.

Environment

Corporate Hands | Scotiabank Plants Some 800 Trees at Primary Schools
Kevin Burton, branch manager, Scotiabank Santa Cruz, waters a newly planted tree with the help of a student from Holland Primary

Awards, Ratings & Rankings

Ryerson University Students Named National Champions of the Environment
In Gujarat, India, where 70 per cent of the population faces high water stress, Enactus Ryerson University students created Project Pura, which empowers local waterpreners to manufacture and sell ceramic water filters, while simultaneously providing a water sanitation education and entrepreneurship program to drive industry growth.

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