The Bank of Nova Scotia (Sucursal de Panamá)
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.
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.
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.
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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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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 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
Location emissions intensity
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.
