You belong here. Every month, every day.

Let’s make a world where everybody belongs. 

Belonging begins with all of us

All year round, we’re committed to building inclusive workplaces, fostering opportunities for LGBT+ communities, and providing financial planning advice tailored to LGBT+ people. After Pride, let’s ally on for LGBT+ communities. 

Change starts from within

We’re committed to supporting our LGBT+ employees.

Expanding medical benefits coverage 

To support trans employees and their dependents in their journey to become their authentic selves, we’ve expanding benefits coverage in Canada and US to include enhanced gender affirmation healthcare that isn’t covered under government health plans (e.g. voice surgery). In Trinidad and Tobago, Scotiabank has also extended medical coverage to same-sex partners of employees, the first in the industry to include this benefit. 

 

Creating a roadmap for LGBT+ inclusion

In 2019, Scotiabank became the first Canadian bank to adopt the United Nations Global LGBTI Standards of Conduct for Business, and we are a founding member of Partnership for Global LGBTI Equality (PGLE). In 2021, we piloted PGLE’s UN LGBTIQ+ Standards Gap Analysis Tool, which supports a self-assessment and a learning platform to help companies operationalize global LGBTI standards. Collectively, these resources informed a three-year action plan to operationalize our commitment to LGBTQ+ inclusion. 

Expanding employee resource groups (ERGs) globally 

LGBT+ employee resource groups (made up of LGBT+ leaders and employees at Scotiabank) have expanded across the Americas Canada, the USA, and Latin America) and globally (including Asia and the UK) to foster safe and inclusive spaces for LGBT+ employees and customers.

 

Increasing LGBT+ representation

Inclusion of LGBT+ individuals is a priority at the highest levels of Scotiabank. Our Code of Conduct and Human Rights Statement both specify that Scotiabank does not tolerate discrimination against individuals on the basis of sex, sexual orientation, gender identity or expression. Our 2025 Diversity goals aim to increase representation of employees who identify as being lesbian, gay, bisexual or another diverse sexual orientation to 7% or greater.

Sponsoring success for LGBT+ employees  

In 2021, we advanced the pilot of a new LGBT+ Sponsorship program. The program focuses on high-potential LGBT+ talent and provides clear targets and KPIs to measure success. In 2021 and 2022, participants in the program were provided with structured curriculum including coaching, education, career mapping and more. 

A new global standard for parental leave, for all parents

Scotiabank is setting a new global standard for parental leave, with 8 fully-paid weeks for all parents (of any gender) with a new child and 8 additional fully-paid weeks for parents who have given birth, starting in 2023. In addition, on April 1, 2022, we added new coverage for fertility treatment, adoption and surrogacy with a lifetime value of $10,000.

How we’re driving equality for every future

Supporting LGBTQ+ youth education and employment 

To provide education support and employability training to access sustainable employment opportunities, we’re donating $225,000 over 3 years to Friends of Ruby. 

Supporting LGBT+ newcomers and refugees

In September 2020, Scotiabank pledged $500,000 to The 519 Church Street Community Centre’s LGBTQ2S Economic Resilience Project, created to support economic resilience for LGBTQ+ newcomers and refugees. In January 2022, The 519 launched the Career Readiness Program which matches Scotiabank mentors with participants to help improve their resumes, interview skills, and learn about employment at Scotiabank. 

Supporting LGBT+ youth across Quebec

To support awareness of the diversity of sexual orientations and gender communities in schools outside of major urban centres, we’re donating $150,000 over 3 years to GRIS‐Montréal (Research and Social Intervention Group).

Supporting the next LGBT+ leaders

Scotiabank is the lead sponsor of Pride at Work Canada’s THRIVE Virtual Leadership program. THRIVE is a three-month program that works to develop the next generation of LGBTQ+ people managers. Participants get exclusive access to leaders working at the highest levels of Canadian business (including Scotiabank leaders and employees) and engage in peer-to-peer discussions.

Advancing LGBT+ human rights globally 

In May 2021, Scotiabank pledged $150,000 over three years to OutRight Action International, an organization that fights for LGBTIQ human rights around the world. In April 2020, OutRight launched the COVID-19 Global LGBTIQ Emergency Fund to support LGBTIQ organizations in emergency response and long-term recovery where support is lacking from governments, religious organizations, and humanitarian relief agencies. OutRight will collaborate with Scotiabank to identify fund grantees in priority countries where our footprints overlap and engage employees (ERGs) in those regions.

Helping LGBT+ people escape persecution

In 2021, Scotiabank donated $125,000 to Rainbow Railroad, an international organization that helps LGBTQI+ people escape countries where they are experiencing persecution, violence and threats to their lives and safety. 

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Interested in a career at Scotiabank? 

We are committed to fostering an inclusive culture where every LGBT+ employee is empowered to reach their fullest potential, thrive and belong.

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Tailored financial advice for everyone

We aim to foster an inclusive environment where everyone can make the best financial decisions for their future.