ScotiaRISE is Scotiabank’s ten-year, $500 million1 commitment and social impact strategy to strengthen economic resilience by removing the barriers that keep disadvantaged groups from fully realizing their potential. Through the Bank’s global network of community partners, ScotiaRISE has supported programs addressing changing workforce demands, increasing living costs, equitable access to healthcare and more. In 2023, ScotiaRISE refreshed its regional strategy in Latin America and the Caribbean by engaging with regional experts, partners and members of our team.
Here’s a closer look at the initiative’s progress:
1 All currency in this infographic is stated in Canadian dollars.
2 Years 1-3 of ScotiaRISE investments reflect efforts to reposition community investment portfolio in alignment with ScotiaRISE and establish new partnerships which support ScotiaRISE’s key focus areas.
3 Critical moments in time are instances where an individual or group received support, training and/or resources through a program enabled by a ScotiaRISE investment. Critical moments are reported proportionate to the funding provided by ScotiaRISE for the specified period of time, program or total investment received to date, as applicable.
4 In 2023, ScotiaRISE saw increased reporting in this program theme category, as our support of global disaster relief efforts and food rescue programs resulted in significant impact.
5 Program interventions supported under this category include anti-bias or inclusion classroom programs, culturally relevant curriculum, and workplace inclusion training