As Canada continues its economic recovery from COVID-19, it is important to support women, who have been disproportionally impacted by the pandemic, as they look to grow, thrive and move past the challenges of the past two years.
Compared with most of its peers, Canada’s high school dropout rate, at about 10%, is low. Yet, for tens of thousands of youth, succeeding and staying in school can be a challenge. In low-income communities, youth face significant barriers — financial instability, lack of educational resources and support, and language barriers to name a few — to graduating from high school.
The Bank's commitment will enable 50 YMCA Alternative Suspension program sites to support students across Alberta, British Columbia, Ontario, New Brunswick, and Quebec
TORONTO, May 11, 2022 /3BL Media/ - Scotiabank announced a community investment of $2.15 million to the YMCA Alternative Suspension (AS) program, an initiative founded on the principle that traditional suspensions from school are missed opportunities for students, their families, their school, and their community. The program acts as a catalyst for positive behavioural change helping students improve their school experience, stay in school, and graduate high school.
QUÉBEC CITY, March 11, 2022 /3BL Media/ - The Scotiabank Women Initiative® is proud to launch the Women in Auto Accelerator, a first-of-its-kind mentoring and networking accelerator program to help women build their careers in the Quebec automotive industry. The program, offered free of charge to participants, connects young professionals with experienced industry leaders for mentorship and direct coaching and supports peer–to–peer exchanges by promoting ties between professionals from across the province.
TORONTO, March 7, 2022 /3BL Media/ - Scotiabank announced today that the bank has made a donation of $200,000 to the Red Cross' Ukraine Humanitarian Crisis Appeal, to support relief efforts for those affected by recent events in Ukraine and surrounding countries.
Long-term Power Purchase Agreement (PPA) for solar energy in Alberta to add new renewable power to the Canadian electricity grid and advance Scotiabank's commitment to the use of 100% non-emitting energy.
TORONTO, February 11 2022 /3BL Media/ - Scotiabank and Evolugen, the Canadian operating business of Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) (TSX: BEP.UN) (TSX: BEPC), today announced the signing of a 15-year renewable energy PPA for solar energy in Alberta from a new, to-be-constructed ~40 MW project, northeast of Cardston, Alberta. Once operational, Scotiabank will become the sole proprietor, purchasing 100% of the emission-free renewable electricity generated by the facility to help reduce its greenhouse gas (GHG) emissions.
Scotiabank included in 2022 Bloomberg Gender-Equality Index and Scotiabank U.S. named one of the "Best Places to Work for LGBTQ+ Equality" by the Human Rights Campaign Foundation.
TORONTO, February 15, 2022 /3BL Media/ - For the fifth consecutive year, Scotiabank has been included in the 2022 Bloomberg Gender-Equality Index (GEI), a reference index that aims to track the performance of public companies committed to transparency in gender-data reporting and gender equality.
The 2022 GEI measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.
TORONTO, December 21, 2021 /3BL Media/ - Scotiabank is pleased to announce it received a grade of A- for the second consecutive year from CDP (formerly known as the Carbon Disclosure Project) in recognition of its strong management of climate-related issues and transparency in its disclosures. Considered "Leadership level" for implementing current best practices, the A- score is above the Financial Services Average of B and the North American Average of C and distinguishes Scotiabank for its leadership in the evolving ESG landscape.
TORONTO, December 14, 2021 /3BL Media/ - Scotiabank proudly celebrates the third-year anniversary of The Scotiabank Women Initiative® with plans to expand internationally in the new year. The program – currently available in Canada – will begin its expansion into the Caribbean and Latin America in 2022.
TORONTO, November 11, 2021 /3BL Media/ - Scotiabank announced it will be expanding its mental health coverage from $3,000 to $10,000 beginning April 1, 2022, for all eligible employees and their dependents in Canada. To equip people leaders for the important role they play in supporting mental health in the workplace, Scotiabank is also launching live mental health workshops on November 17 to all people leaders in Canada.