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Scotia Plaza, Toronto, photo by SimonP [CC BY-SA 3.0 oder GFDL], via Wikimedia Commons
about Scotiabank

The Bank of Nova Scotia (commonly called Scotiabank in English and Banque Scotia in French) is the third largest bank in Canada by deposits and market capitalization. The bank was founded in 1832 in Halifax, Nova Scotia, and its primary corporate offices are located in Toronto, Ontario.

Bank activities are organised around three lines: Canadian Banking: retail, wealth management, corporate banking, International Banking: retail banking in the Caribbean and Central America, Mexico, Latin America and Asia and Global Banking and Markets which provides clients with corporate banking, investment banking and capital markets solutions. GBM's products and services are offered to corporate, government and institutional clients in Canada and in select international countries.

At the end of 2015 Scotiabank controlled assets worth CAD856 billion.

 


ownership
listed on NYSE Euronext, Toronto Stock Exchange, Trinidad and Tobago Stock Exchange

Publicly listed


image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States

voluntary initiatives:

investment policies of Scotiabank

ScotiaBank's CSR page is here. The company does not have any publicly available sustainable investment policies. Its 2015 environmental policy can be viewed here.

Overview of Scotiabank’s Environmental Policy
Dec 31, 2009 | ScotiaBank

equator principles
Scotiabank has adopted the Equator Principles. For more information on how Scotiabank implements the Equator Principles go to the Equator page of Scotiabank.

human rights
True leader Front runner Follower Laggard
BankTrack has assessed Scotiabank on its implementation of the UN Guiding Principles on Business and Human Rights. Scotiabank is assessed as a Laggard, with a total score of 1.5/12.
PolicyDue dil.ReportingRemedy
1/30/30.5/30/3
For more details, see Banking with Principles? 2016 update.
image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States

Scotiabank and the Equator Principles

Implementation and reporting

Scotiabank is reporting on the implementation here.


Contact and complaints

image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States

Enbridge Northern Gateway pipelines
Canada
The Enbridge Pipelines involve two pipelines from Bruderheim Alberta (near Edmonton), to a new marine terminal in Kitimat, British Columbia. The East pipeline is to import…
Keystone XL pipeline
United States
TransCanada is proposing a 36-inch, 1,700 mile pipeline, that would carry 900,000 barrels of Tar Sands oil from Hardisy, Alberta to Port Arthur, Texas. The pipeline system,…
Mountain top removal coal mining
United States
Mountain top removal (MTR) mining is a form of strip mining in which coal companies use explosives to blast as much as 800 to 1,000 feet off the tops of mountains order to…
check dodgy deals on record
image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States

BankTrack has identified controversial issues with the companies listed below that require attention from Scotiabank.

Anglo American
United Kingdom
Anglo American is a British multinational mining company headquartered in London, United Kingdom. It is the world's largest producer of platinum, with around 40% of world…
BHP Billiton
Australia
BHP Billiton is the world's largest mining company. It occupies significant positions in major commodity businesses, including aluminium, energy coal and metallurgical coal,…
Drummond
United States
Drummond Company Inc. is a coal mining company based in Birmingham, Alabama, United States, with operations in Alabama and in La Loma, Colombia. It controls coal reserves…
Enel
Italy
Enel is Italy's largest power company and Europe's second largest according to its generating capacity. Its interests stretch beyond Italy to 40 countries on four continents.…
Glencore
Switzerland
Glencore plc (formerly Glencore Xstrata) is an Anglo-Swiss multinational commodity trading and mining company. The company was created through a merger of Glencore with Xstrata…
Lockheed Martin
United States
Lockheed Martin is one of the worlds largest arms-producing and military services companies. It is a global security company engaged in the research, design, development,…
Rio Tinto
Australia
Rio Tinto is a mining and exploration company involved in each stage of metal and mineral production and processing. Rio Tinto is one of the largest publicly listed mining…
Textron
United States
Textron is a multi-industry company, consisting of numerous subsidiaries and operating units. One subsidiary is Textron Systems, which is active in the defence, homeland…
check company profiles on record
image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States


 = dodgy deal
 = company profile
image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States

2016 2012 2011 2010 2009 2008 2005
image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States

image
headquarters
44 King St. W.
M5H 1H1 Toronto
Canada
CEO/chair
Brian J. Porter
CEO
 
banktrack contact

Bill Barclay, Ranforest Action Network, United States

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