TORONTO, Sept. 14, 2018 /CNW/ - Scotiabank was recognized
for its success in environmental, social and governance initiatives
by placing on the 2018 Dow Jones Sustainability Index North America
(DJSI), in the top 20 per cent of companies globally, and as one of
the largest year-over-year point gainers across the Index
itself.
The prestigious Index measures the performance of corporate
sustainability leaders through a comprehensive assessment of
economic, environmental and social criteria. With the benchmark for
inclusion increasing each year, only the top industry leaders are
applauded.
"We are thrilled that our hard work, across our environmental
and social efforts, have been recognized," says Scotiabank's
Meigan Terry, Senior Vice President
of Global Communications and Sustainable Business. "At Scotiabank,
investing in our communities has been a focus for over 185 years,
but our corporate sustainability efforts are about changing the way
we do business too. From our work on financial inclusion for
underserved populations, through to inclusion in our workplace, and
robust governance systems in place to uphold the trust our
customers place in us each and every day. A sustainable business is
one fit for the future. We are proud to be included in the Dow
Jones Sustainability Index this year, a reflection of our
commitment to a sustainable future."
"I congratulate Scotiabank for being included in the DJSI North
America. Companies that compete for a coveted place in the DJSI
challenge themselves to continuously improve their sustainability
practices and we are pleased to see that the number of companies
that commit to achieving measurable positive impacts continues to
rise," says Manjit Jus, Head of ESG
Ratings, RobecoSAM.
Launched in 1999, the globally renowned Dow Jones Sustainability
Index (DJSI) is part of the S&P Dow Jones Indices and run by
RobecoSAM. Each year over 3,900 listed companies are requested to
complete a comprehensive industry-specific questionnaire focused on
economic, environmental and social factors. Only the top industry
leaders are included in the annual Index.
Scotiabank was previously listed on DJSI North America in
2014.
About Scotiabank
Scotiabank believes that every customer has the right to become
better off. When customers succeed, businesses, communities, and
entire societies benefit as well. Through our CSR strategy, Better
Future, Better Off, we seek to create economic, social and
environmental value that benefits every customer. Through our five
commitments to Customers, Employees, Communities, the Environment,
and strong Corporate Governance practices, we aim to create a
better future for both society and Scotiabank. For more information
on our priorities and the impact we have made, please
visit www.scotiabank.com/csr.
Scotiabank is Canada's international bank and a
leading financial services provider in the Americas. We are
dedicated to helping our 25 million customers become better off
through a broad range of advice, products and services, including
personal and commercial banking, wealth management and private
banking, corporate and investment banking, and capital markets.
With a team of more than 96,000 employees and assets of $947
billion (as at July 31, 2018), Scotiabank trades on
the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please
visit http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank