“Scotiabank is proud to have been recognized by Global Finance as a global leader in sustainability reporting transparency for the third year in a row,” said Meigan
Terry, Senior Vice President and General Manager, Sustainability, Social Impact and Communications, Scotiabank.
“At Scotiabank, we work to earn the trust of all our stakeholders by always acting with integrity in everything we do, such as reporting on our ESG commitments and our progress toward a more sustainable future,” he added.
The bank was also recognized at the regional level in North America for its Outstanding Leadership
in Sustainable Bonds, Transition/Sustainability Related Bonds and Sustainability Transparency. In addition, it was recognized as the Best Bank in Sustainable Finance in Canada for the second consecutive year.
“Our commitment is to accompany our clients towards a low-emission business model.
carbon. We will continue to contribute to the Peruvian entrepreneurial ecosystem through financing.
of models that meet sustainability goals,” commented Vanessa Macher, Manager
of Sustainability and Institutional Relations of Scotiabank Peru.
These awards add to a string of accolades Scotiabank has received for excellence in ESG issues, including five awards at the Environmental Finance Bond Awards In 2023, the awards for the Best Specialized Research in ESG of 2023 and Best Corporate Sustainability Strategy 2022 ESG Investing.
In its annual ESG reports, Scotiabank describes its sustainability work and the progress it has made on its commitments. These include reaching net zero carbon emissions in its operations by 2030 and net zero funded emissions by 2050; mobilizing CAD$350 billion in climate-related financing by 2030; as well as ScotiaINSPIRA, an award-winning program under which the bank seeks to invest CAD$500 million over 10 years to strengthen economic resilience among vulnerable groups in communities.
