TORONTO, Nov. 25, 2021 /CNW/ - Scotiabank
today announced a donation of $400,000 to the Dress for Success Professional
Women's Group (PWG) program as part of its commitment to
removing barriers to career advancement for disadvantaged
groups.
The PWG program addresses systemic disadvantages that women face
in workplace advancement to help them overcome barriers related to
wage and wealth gap inequity. It also connects women, regardless of
socioeconomic position, to networking and mentorship opportunities
that help advance their careers and build financial
stability.
Click here to learn how Dress for Success Toronto is
helping client Sabrina Howe navigate
the challenges of job hunting during the COVID-19 pandemic.
Scotiabank's partnership with Dress for Success Foundation is a
signature program within ScotiaRISE, the Bank's
10-year $500 million initiative that aims to promote
economic resilience among disadvantaged groups. Through ScotiaRISE,
Scotiabank partners with programs and organizations across its
footprint that provide the tools people need to improve their
education and employment prospects, adapt to changing
circumstances, and increase the likelihood of financial
success.
Scotiabank's contribution will help Dress for Success affiliates
in local communities continue to mentor and prepare women to
navigate workplace barriers and become self advocates for their
careers.
"We are proud to support the work of the Dress for Success
Canada Foundation – an organization that has made a meaningful
impact in the lives of so many women seeking employment by
providing the proper mentorship, attire and networking
opportunities that are critical to a successful career," says
Loretta Marcoccia, EVP and Chief
Operating Officer for Global Banking and Markets (GBM) at
Scotiabank and Executive Lead of The Scotiabank Women Initiative
for GBM. "Like The Scotiabank Women Initiative, the Bank's
involvement in the PWG program is an excellent extension of our
support for women to help them pursue their best professional and
financial futures."
"Women and non-binary individuals face numerous and systemic
challenges in workplace advancement, closing the wage and wealth
gap, and creating greater financial security and independence,"
says Catherine Curtis CEO of Dress for Success Foundation. "We are
so grateful for this partnership with Scotiabank as it ensures
women and non-binary individuals can harness the power of
networking and evidence-based content to advance their professional
trajectories and build financial security, financial independence,
and economic power."
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future" we help our customers, 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 a team of over 90,000
employees and assets of approximately $1.2
trillion (as of July 31,
2021), Scotiabank trades on the Toronto Stock Exchange (TSX:
BNS) and New York Stock Exchange (NYSE: BNS). For more information,
please visit http://www.scotiabank.com and follow us on
Twitter @ScotiabankViews.
About Dress for Success
Dress for Success empowers women and non-binary individuals to
achieve economic independence through pre-employment and
job-retention programs, including providing a network of support,
professional attire, and professional development tools to help
women and non-binary individuals thrive in work and life. The Dress
for Success Canada Foundation supports this work across 13 Dress
for Success affiliate locations coast-to-coast by helping to
mobilize funding to local affiliates and coordinate projects of
national scope. For more information, please visit
https://dressforsuccesscanadafoundation.org.
SOURCE Scotiabank