Action and Responsibility
There are many ways in which climate change impacts the financial sector. Throughout this site, you can learn more about what the Bank does in these areas.
- Employees and Internal Operations: Scotiabank has a large global employee and branch network and, as a result, can make a positive impact on reducing GHG emissions by promoting energy efficiency throughout its operations, such as encouraging reduced energy consumption at work.
- Suppliers: Whenever possible, Scotiabank selects products for its operations that have lower carbon footprints; for example, choosing energy-efficient photocopiers.
- Customers: The Bank assesses material climate change risk in the organizations to which it lends. Scotiabank supports companies that have a positive impact on the environment; for example, lending to the renewable energy sector.
- Communities: There is continued learning from various climate change experts in NGO (non-governmental organizations) and academic communities. Scotiabank supports charities and think tanks dedicated to climate change.