Scotiabank

Sustainability Report and Carbon Intensity Rankings

Is Scotiabank doing their part?

Their DitchCarbon score is 58

Scotiabank has a DitchCarbon Score of 58 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing environmental sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Scotiabank is part of the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Scotiabank operates in Canada, a country with a very low carbon intensity rating, indicating a cleaner energy mix and lower greenhouse gas emissions. This favorable environmental context supports Scotiabank’s sustainability efforts by reducing the carbon footprint associated with their operations.

Unlock 30+ emissions intelligence data points

Get the emissions intelligence you need, no surveys required.

– Historical Scope 1, 2 and 3 emissions

– Coverage of all industries, product level data

– Emissions forecasting, assurances

Unlock 30+ emissions data points on Scotiabank

Get the emissions intelligence you need, no surveys required.

– Historical Scope 1, 2 and 3 emissions

– Coverage of all industries, product level data

– Emissions forecasting, assurances

7.17%

...this company is doing 7.17% better in emissions than the industry average.

Scotiabank, founded in 1832 and headquartered in Toronto, operates in the finance sector as Canada’s international bank. It offers a wide array of services including personal and commercial banking, wealth management, private banking, corporate and investment banking, and capital markets. With a global presence in North America, Latin America, the Caribbean, Central America, and Asia-Pacific, the bank serves over 23 million customers with a workforce exceeding 88,000 employees.

Compare Scotiabank with other companies in the same industry –>

emission intelligence's platform recommendations for Scotiabank

Scotiabank should undertake a thorough assessment of all direct emissions sources to identify and quantify Scope 1 emissions comprehensively, which could potentially reduce their emissions by 15%.

Bad news, Scotiabank hasn't committed to SBTi goals yet

Scotiabank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is currently not aligned with a clear set of actions to reduce greenhouse gas emissions in line with climate science.

Not participating

Claim this profile

Are you associate with this company?
Help us improve our data and claim this profile.

Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

Other company reports in this industry

Looking for a specific company?

Search our company directory or contact us for custom data requests.

Scotiabank

Sustainability Report and Carbon Intensity Rankings

Is Scotiabank doing their part?

Their DitchCarbon score is 58

Industry emissions intensity

Very low

Low

Medium

High

Very high

Location emissions intensity

Very low

Low

Medium

High

Very high

Unlock 30+ emissions intelligence data points

Unlock 30+ emissions data points on Scotiabank

...this company is doing 7.17% better in emissions than the industry average.

emission intelligence's platform recommendations for Scotiabank

Bad news, Scotiabank hasn't committed to SBTi goals yet

Claim this profile

Our methodology

Other company reports in this industry

Looking for a specific company?

Quicklinks

Resources

Get in touch