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Public Profile
Financial Intermediation
PA
updated 5 months ago

The Bank of Nova Scotia (Sucursal de Panamá)

Company website

The Bank of Nova Scotia, commonly known as Scotiabank, is a leading financial institution headquartered in Panama City, Panama. Established in 1832, Scotiabank has grown to become a prominent player in the banking industry, particularly in Latin America and the Caribbean. The bank offers a comprehensive range of services, including personal and commercial banking, wealth management, and investment solutions, distinguished by its commitment to customer service and innovative financial products. With a strong market presence, Scotiabank has achieved significant milestones, including its expansion into various regions across Central America. The bank's focus on digital banking solutions and sustainable finance positions it as a forward-thinking leader in the financial sector, catering to the diverse needs of its clients while maintaining a robust reputation for reliability and trustworthiness.

DitchCarbon Score

How does The Bank of Nova Scotia (Sucursal de Panamá)'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

53

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

39

Industry Benchmark

The Bank of Nova Scotia (Sucursal de Panamá)'s score of 53 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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The Bank of Nova Scotia (Sucursal de Panamá)'s reported carbon emissions

Inherited from The Bank of Nova Scotia

The Bank of Nova Scotia (Sucursal de Panamá) currently does not report specific carbon emissions data, as no emissions figures are available. However, it is important to note that the bank is a current subsidiary of The Bank of Nova Scotia, which may influence its climate commitments and initiatives. As part of its corporate family, The Bank of Nova Scotia has been involved in various climate-related initiatives, including participation in the Carbon Disclosure Project (CDP) at a cascade level of 1. This indicates that while specific emissions data for the Panama branch is not disclosed, it may align with broader commitments and targets set by its parent organisation. At this time, there are no documented reduction targets or climate pledges specific to The Bank of Nova Scotia (Sucursal de Panamá). The absence of specific data suggests that the bank may still be in the process of establishing its own climate strategy or reporting framework. In summary, while The Bank of Nova Scotia (Sucursal de Panamá) does not currently provide emissions data or specific climate commitments, it is part of a larger organisation that is engaged in climate initiatives, potentially influencing its future sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
Scope 1
13,700,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
125,053,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
00,000,000
00,000,000
00,000,000
0,000,000
000,000
00,000,000
00,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Bank of Nova Scotia (Sucursal de Panamá)'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for The Bank of Nova Scotia (Sucursal de Panamá) is in PA, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

The Bank of Nova Scotia (Sucursal de Panamá) is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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