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5 Jun 2019


Response by ScotiaBank

Through our Sustainable Business strategy, we are working hard to address the environmental, social and governance (ESG) topics that matter most to our business and to our stakeholders. Climate Change is one of our four strategic pillars. We set greenhouse gas reduction targets to address our own footprint, have an internal price on carbon to support more energy efficiency in our operations and financed $8.5 billion in the renewable energy sector in 2018. At Scotiabank, respect for human rights is fundamental to the way we do business, and is part of our core values across all of our business activities and operations. Consistent with that commitment, we published our Human Rights Statement, signed by our President and CEO, in 2016. The Statement is consistent with the framework established by the UN Guiding Principles on Business and Human Rights. This Statement was further updated in February 2019 to reflect our commitment to respect the rights of Indigenous Peoples.