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OrganisationsThe Bank of Nova Scotia (Sucursal de Panamá)
The Bank of Nova Scotia (Sucursal de Panamá) logo

The Bank of Nova Scotia (Sucursal de Panamá)

Financial IntermediationPanama
Last verified 10 months agoscotiabank.com

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.

60
DitchCarbon score

+23 vs industry average

The Bank of Nova Scotia (Sucursal de Panamá)’s score of 60 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Reported emissions

No reported emissions data is available for The Bank of Nova Scotia (Sucursal de Panamá) yet.

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

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.

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The Bank of Nova Scotia (Sucursal de Panamá)’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for The Bank of Nova Scotia (Sucursal de Panamá) yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

Inherited from The Bank of Nova Scotia
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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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No peer comparison is available for The Bank of Nova Scotia (Sucursal de Panamá) yet.

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Ditchcarbonv260715.4
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