We have committed $500 million in community investment by 2030 to help people RISE
Life can be unpredictable. At Scotiabank, we believe it’s important that everyone has the ability to do more than simply recover from times of uncertainty, but instead rise from them stronger than before. Building economic resilience is about helping individuals, households, communities and economies to thrive under a range of circumstances.
But resilience doesn’t just happen – it has to be nurtured and invested in over time. ScotiaRISE is our 10-year, $500 million initiative to promote economic resilience among disadvantaged groups. By working together to remove barriers to advancement and increase access to opportunities, we can create a more inclusive and resilient world for everyone. And for every future.
Our focus areas
ScotiaRISE will invest in three focus areas across the geographies where Scotiabank operates:
Increasing high school graduation and post-secondary participation
Helping disadvantaged youth to increase their employment prospects, life opportunities and full participation in the economy.
Helping newcomers feel at home faster
Fast-tracking the way to meaningful employment in order to support their contribution to the prosperity and social fabric of their communities.
Removing barriers to career advancement for disadvantaged groups
Helping to enable their full inclusion and financial success.
Research hub to help newcomers thrive in economy
The Conference Board of Canada’s Centre for Business Insights on Immigration aims to remove barriers for newcomers when finding employment
A more equitable future for Indigenous students.
Scotiabank invests in Concordia University’s program to bridge barriers to post-secondary education in STEM-related degrees.
People with sight loss can achieve career goals.
Scotiabank invests in CNIB’s Come to Work program, which provides the tools and support needed to find meaningful employment.
Hope Air bridges gap in Canada’s healthcare system.
Scotiabank renews commitment to national charity to help reduce stress for people dealing with life-threatening or life-altering illnesses.
Improving educational outcomes in northern First Nations communities.
ScotiaRISE has partnered with the Teach For Canada program to recruit, prepare and support educators in First Nations schools.
We've won Banking in the Community by The Banker.
Since launch, we invested $60 million into communities through ScotiaRISE. Thank you to our 200+ partners for rising to the challenge with us.
Investing in employment opportunities for people with sight loss.
We're supporting CNIB’s Come to Work program that connects job seekers who are blind or partially sighted with Canadian employers.
Helping displaced LGBT+ people find safe refuge
Scotiabank is honoured to partner with Rainbow Railroad, helping LGBT+ people find safe refuge through relocation and resettlement.
ScotiaRISE is making a difference
Read the full ScotiaRISE Social Impact report 2021 to see how the investments to date have helped communities in one year.
Connecting students with Indigenous role models provides a path forward
Scotiabank partners with Connected North to help remote schools access specialized learning programs.
Beyond the business suit: How Dress for Success is helping women build careers
Scotiabank's $400,000 donation will support pre and post-employment coaching and bring awareness to the non-profit's work.
Charities and organizations rally to help Afghans build a new life in Canada
Scotiabank gives an additional $250,000 to support the resettlement of Afghans who helped Canadian troops through the Veterans Transition Network.
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