Corporate Social Responsibility

Committed to doing business in a socially responsible way

Hand Shake

Community Investment

Scotiabank aims to help communities become better off. By giving generously to important community projects and recognizing employees who volunteer their time and energy to local causes, the Bank strives to make a positive difference wherever it does business.

Man in Scotiabank shirt digging with a shovel

Approach to community investment

Through our charitable efforts, we strive to be relevant and responsive to the needs of local communities at the grassroots level. We are particularly interested in partnering with non-profit and charitable organizations that empower people with the skills, tools and information to help them become better off. In the Caribbean and Latin America, we focus primarily on children and children’s causes.

In 2015, Scotiabank contributed over CAD$70 million in donations, sponsorships and other forms of assistance globally. Scotiabank employees dedicated more than 575,000 hours of volunteering and fundraising time to local causes.

Community Investment by segment Global charitable donations examples Learn more about Scotiabank’s global philanthropic program
650,000 Volunteer Hours

Employee Volunteerism

Scotiabank employees give extraordinary support to local community causes. The Bank supports their efforts through two formal, global employee community programs: Scotiabank Team Community Program (STCP) and Scotiabank Employee Volunteer Program (SEVP).

STCP matches funds raised by employee teams. The Bank matches up to CAD$5,000 raised by teams of five or more employees, or CAD$15,000 raised by teams of 30 or more employees.

STCP in action

Scotiabankers in the London, U.K. office accompanied by Scotiabank customers took part in the annual London to Paris bike ride in support of the Royal British Legion. The route covered 460km over four days and raised approximately CAD$45,000.

Scotiabank matches funds raised up to $15,000 raised by teams of 30+ Employees

Scotiabank Employee Volunteer Program

SEVP provides donations to community organizations in which individual employees have been active volunteers. Individual employees or retirees who have actively volunteered for at least 50 hours a year with a qualifying community-based organization can apply for a donation of up to CAD$1,000 from the Bank.

SEVP in action

Special Olympics New Brunswick is dedicated to providing year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with cognitive disabilities. As a volunteer since 2009, Emily Bell, a Scotiabank Small Business Advisor in New Brunswick, Canada, helped organize the accommodation of 280 athletes from across New Brunswick who participated in the Special Olympics New Brunswick Winter Games 2015.

Scotiabank donates up to $1,000 (CAD) per year to charitable organizations