The Bank of Nova Scotia

Toronto, Canada

ISIN: CA8339012076

The Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian multinational bank and financial services company offering a wide range of services including personal and commercial banking, wealth management, and corporate financing.

CCI Score

66.40

-0.04% April 18

Latest Event

Scotiabank 2023 Modern Slavery Statement

Scotiabank published its 2023 Modern Slavery Statement detailing robust policies and initiatives to combat forced and child labor across its operations and supply chains. The report outlines comprehensive measures including mandatory human rights training, updated supplier codes of conduct, and rigorous third‐party risk management protocols, highlighting a strong commitment to ethical business practices and human rights.

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LEADER

The Bank of Nova Scotia is currently rated as a Leader.

+45 to +100 CCI Score

Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

JAN

30

2024

Scotiabank 2023 Modern Slavery Statement
66.40

Scotiabank published its 2023 Modern Slavery Statement detailing robust policies and initiatives to combat forced and child labor across its operations and supply chains. The report outlines comprehensive measures including mandatory human rights training, updated supplier codes of conduct, and rigorous third‐party risk management protocols, highlighting a strong commitment to ethical business practices and human rights.
+80

Labor Relations and Human Rights Practices

March 22

Scotiabank’s Modern Slavery Statement demonstrates significant efforts in safeguarding labor rights through extensive human rights training, robust internal policies, and continuous monitoring of modern slavery risks. These measures reflect a proactive approach to ensuring ethical labor practices and protecting worker rights, which is commendable from an anti-authoritarian perspective.

Scotiabank 2023 Modern Slavery Statement
+70

Supply Chain Ethics

March 22

The statement outlines strong supply chain due diligence measures, including an updated Supplier Code of Conduct and rigorous third-party risk assessments. These practices help mitigate risks associated with modern slavery in the supply chain, although continuous improvement is necessary to address emerging global challenges.

Scotiabank 2023 Modern Slavery Statement