We are committed to reducing our impact on the environment
We aim to help create a better future by reducing our environmental impact, making investments in sustainable solutions and lending in a way that mitigates social and environmental risk.
Why it's important
The way businesses conduct themselves can significantly affect the sustainability of our world. By responding to environmental issues now, we can enhance the ability of customers to become better off, reduce environmental risks, and protect the environment for both current and future generations.
An inside perspective with Kathy Araya who spearheaded La SabanaPark Restoration Project in Costa Rica
Regional Marketing Director from Central America, Scotiabank Costa Rica
How are you advancing Scotiabank’s commitment to the environment in Costa Rica?
Since 2008 Scotiabank Costa Rica has been in charge of an ecological restoration in La Sabana park in the middle of San Jose, Costa Rica, a place where people go to be active. The park covers 72 acres and aims to have more than 8,000 trees, but previously a majority of the trees were non-native species. Based on a study that Scotiabank commissioned, we learned that these non-native species were negatively impacting the environment and biodiversity of the park. Our goal is to replace 3,200 non-native species by 2019 with 5,000 new native trees; to date 3,791 trees have been planted.
Our priorities — Environment
To demonstrate our commitment to a better future, we invest our resources in CSR priorities where we believe we can make the most progress for both society and our Bank.
Here's how we are making progress on our commitment to the environment.