blog
external news
our news
Banking on Climate Change – Fossil Fuel Finance Report Card 2019
World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
ScotiabankCanada
Created before Nov 2016
Last update: 2019-03-05 12:53:08
Share this page:
Scotiabank head office in Toronto. Photo: Ccyyrree via Wikimedia Commons [CC0]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. Its primary corporate offices are located in Toronto, Ontario. Bank activities are organised around three segments: 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.
| Website | http://www.scotiabank.com |
| Headquarters |
44 King St. W.
M5H 1H1 Toronto
Canada
|
| CEO/chair |
Brian J. Porter CEO |
| Supervisor | |
| Annual report | Annual report 2018 |
| Ownership |
listed on NYSE Euronext, Toronto Stock Exchange & Trinidad and Tobago Stock Exchange
Scotiabank's share holder structure can be accessed here. |
Related Dodgy Deals
Scotiabank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Projects - active profiles
Enbridge Northern Gateway pipelines Canada profile
Israeli illegal settlements Israel profile
Keystone XL pipeline United States profile
Trans Mountain Pipeline Expansion project (TMEP) Canada profile
There are no active projects for Scotiabank now.
Companies - active profiles
Drummond United States profile
Korea Electric Power Corporation (KEPCO) South Korea profile
TransCanada Corporation Canada profile
There are no active companies for Scotiabank now.
Companies - on record profiles
Anglo American United Kingdom profile
BHP Billiton Australia profile
Glencore Switzerland profile
Lockheed Martin United States profile
Rio Tinto Australia profile
Textron United States profile
Trafigura Singapore profile
Vedanta Resources United Kingdom profile
Vitol Switzerland profile
Dodgy Deals map
Show:
Select sectors:
News
|
|
Type:
Year:
Documents
|
|
|
|
|
|
|
|
|
|
|
|
Type:
Year:
Links
Policies
Voluntary initiatives
Scotiabank has committed itself to the following voluntary standards:Investment policies
Scotiabank's web page on corporate social responsibility can be accessed here.
Year:
Campaigns
Scotiabank and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Scotiabank adopted the Equator Principles in 2006.
Reporting on the Equator Principles
Scotiabank must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Scotiabank is in compliance with its reporting obligations. The 2017 report can be found here.
Dodgy Deals
Scotiabank is involved in financing the following Equator Principles projects that BankTrack considers controversial.
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 in June 2016. Scotiabank is assessed as a Laggard, with a total score of 1.5/12.
|
Equator Principles
Implementation and reporting
Scotiabank is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
Year: