TORONTO, Nov. 27, 2020 /CNW/ - Scotiabank has been
named one of Canada's Most Admired
Corporate Cultures for 2020 in the Enterprise Category by
Waterstone Human Capital. This national program recognizes
best-in-class Canadian organizations for fostering corporate
cultures that enhance performance and help sustain a competitive
advantage.
"We're proud of our inclusive, high performance culture, and for
the Scotiabankers who bring this culture and our values to life
each and every day as part of our winning team," said Barb Mason, Group Head and Chief Human Resources
Officer, Scotiabank. "We are also proud to be recognized for it by
an organization that sees culture as an organization's competitive
advantage – especially as we continue to put our customers
first."
Scotiabank earned the recognition following a detailed analysis
of its culture and employee experience, with participating
organizations being evaluated on their vision and leadership,
recruitment and talent management, communication practices,
rewards, recognition and more.
Following a re-articulation of its purpose in 2018, Scotiabank's
leaders have committed to fostering a culture which shows how
Scotiabankers live the Bank's values and mission, for every
future. This award is validation that aligning the Bank's
culture to its purpose is foundational in driving both collective
and individual performance. In turn, this performance enables the
Bank to advance its strategic agenda, positively impacting
customers, communities and shareholders throughout the
Americas.
Over the past year, Scotiabank has done the following, and much
more, to bolster its culture:
- Prioritized employee total wellbeing and mental health
by introducing flexible benefits such as remote, virtual healthcare
and increased top-ups for parental leave, 5 paid personal days for
all eligible employees and offering $3,000 of mental health coverage;
- Enabled skill building, learning and development for a
digital future by launching Scotia Academy, a new modular
virtual learning experience allowing employees the opportunity to
learn as they work using modern technology;
- Renewed its diversity and inclusion goals to increase
the diversity of its employee population over the next five years.
and ensuring it remains workplace of choice for the diverse
communities it serves; and
- Supported its communities – in a year where COVID-19 has
impacted our communities in an unprecedented way, Scotiabank
contributed more than $16 million to
supporting those most at risk during the pandemic, including direct
contributions for COVID-19 relief as well as support for hospitals
and healthcare professionals.
Scotiabank will accept its win at Canada's Most Admired Corporate Cultures Gala
Awards event on April 22, 2021. The
award is one of several accolades Scotiabank has earned in 2020,
including being recognized for outstanding COVID-19 Leadership by
Global Finance magazine, being named one of the
World's Best Workplaces™ by Great Place to Work Institute® and
being recognized as a Top 25 Diverse & Inclusive
Company by Refinitiv.
About Scotiabank
Scotiabank is a leading bank in
the Americas. Guided by our purpose: "for every future," we
help our customers, their families and their communities achieve
success 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 90,000 employees and assets
of over $1.2 trillion (as
at July 31, 2020), Scotiabank trades on the Toronto Stock
Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).
For more information, please visit our website and follow
us on Twitter @ScotiabankViews.
SOURCE Scotiabank