TORONTO, July 19,
2024 /CNW/ - Scotiabank is pleased to announce that
it has received a total of 11 awards at the Euromoney Awards for
Excellence 2024, including Canada's Best Bank, World's Best Bank for
Corporate Responsibility, North
America's Best Bank for Corporate Responsibility.
Euromoney's annual awards are regarded among the highest
distinctions for banks globally, with submissions from over 600
banks across 100 countries. Canada's Best Bank is determined based on a
review of financial performance, ability to meet strategic targets,
and key initiatives that set a bank apart from its peers. Euromoney
noted Scotiabank's refresh of its enterprise strategy and vision in
2023, its Scene+ loyalty program, the launch of Scotia Smart
Investor in supporting advice delivery and driving more primary
client relationships, and the Bank's expansion of employee
wellbeing supports including Global Inclusive Standards of
Care.
"These recognitions are a testament to the solid momentum we are
delivering on our vision to be our clients' most trusted financial
partner and in executing against our enterprise strategy across our
key markets," said Scott Thomson,
President and Chief Executive Officer at Scotiabank. "I would like
to thank our teams across Scotiabank for their efforts in
positioning our Bank for the future and working to deliver
profitable and sustainable growth for our clients and our
shareholders."
Euromoney's Best Bank for Corporate Responsibility recognition
at the global and regional level evaluates a financial
institution's commitment to fostering diversity and inclusion,
reducing the environmental impact of operations, and implementing
innovative and effective initiatives to strengthen local
communities. Euromoney recognized Scotiabank with both the Global
and North America awards, noting
the Bank's progress and integration of ESG goals into business line
priorities, its efforts in developing a Truth and Reconciliation
Action Plan, its approach to climate change, and its signature
ScotiaRISE™ community investment program.
"At Scotiabank, we have embedded our environmental, social and
governance goals into our enterprise strategy and business
objectives to support positive outcomes for employees, clients and
the communities we operate in across our footprint," said
Meigan Terry, Senior Vice President
& Chief Sustainability, Social Impact and Communications
Officer at Scotiabank. "We remain committed to anchoring our
sustainability and social impact initiatives in trust and
transparency, and we are very proud of this global
recognition."
Scotiabank is also proud to have been recognized with the
following awards across the Bank's footprint, highlighting the
momentum we are seeing in our markets in delivering against our key
strategic priorities:
- Chile's Best Bank
- Chile's Best Bank for
Corporates
- Chile's Best Digital Bank
- The Bahamas' Best Bank
- The Bahamas' Best Digital
Bank
- Jamaica's Best Bank
- Trinidad and Tobago's Best
Bank
- Trinidad and Tobago's Best
Bank for Corporates
More information about the Euromoney Awards for Excellence 2024
can be found here.
About Scotiabank
Scotiabank's vision is to be our
clients' most trusted financial partner, to deliver sustainable,
profitable growth and maximize total shareholder return. Guided by
our purpose: "for every future," we help our clients, their
families and their communities achieve success through a broad
range of advice, products and services, including personal and
commercial banking, wealth management and private banking,
corporate and investment banking, and capital markets. With assets
of approximately $1.4 trillion (as at April 30,
2024), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS)
and New York Stock Exchange (NYSE: BNS). For more information,
please visit www.scotiabank.com and follow us on X
@Scotiabank.
SOURCE Scotiabank