Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  The Bank of Nova Scotia    BNS   CA0641491075

THE BANK OF NOVA SCOTIA

(BNS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Bank of Nova Scotia : Scotiabank launches new Sustainable Finance Group within its Global Banking and Markets division

share with twitter share with LinkedIn share with facebook
06/30/2020 | 02:01pm EDT

TORONTO, June 30, 2020 /CNW/ - Recognizing its unique opportunity as a global financial organization to advance climate transition and promote sustainable economic growth, Scotiabank is pleased to announce the launch of a new Sustainable Finance Group within its Global Banking and Markets (GBM) division. The new team will further Scotiabank's Climate Commitments, announced in November 2019, to support clients in the transition to a low-carbon economy, decarbonize its own operations and contribute to the global conversation on climate change. 

"Our new Sustainable Finance Group will support our clients' evolving requirements for sustainable financing and Environmental, Social and Governance (ESG) related investments," said Paul Scurfield, Managing Director and Head of Global Fixed Income at Scotiabank. "We are steadfast in our commitment to support Scotiabank's sustainability and climate change initiatives by offering innovative and high-quality sustainable finance products, solutions and advice to our clients."

The Sustainable Finance Group complements Scotiabank's expertise in ESG, working closely with Scotiabank partner teams to provide financial solutions and advice across sustainable finance products to corporate, financial, public sector and institutional clients across our global footprint.

The creation of this group within GBM builds on Scotiabank's leading position as the top Canadian dealer of sustainability bonds in 2020 and the fastest growing dealer globally, as well as Scotiabank's leadership in ESG which includes:

  • Issued inaugural USD 500 million Green Bond, in July 2019, aligned to eligible criteria in the Scotiabank Green Bond Framework, including renewable energy, clean transportation and green buildings.
  • Developed a climate change risk due diligence and rating methodology and implemented training for all banking and credit teams in 2019.
  • Invested nearly $100 million globally to communities where we operate in 2019, as part of our global philanthropy program.
  • Named to the Dow Jones Sustainability Index North America and ranked amongst the top 1% of global financial institutions for corporate governance.

For more information on the Sustainable Finance Group, visit: https://www.gbm.scotiabank.com/en/services/financing/sustainable-finance.html.

Scotiabank's Climate Commitments include a commitment to mobilize $100 billion by 2025 to reduce the impacts of climate change. Those commitments can be viewed on www.scotiabank.com/sustainability.

For more information about Scotiabank's sustainability strategy, visit: www.scotiabank.com/sustainabilty.

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 approximately 97,000 employees and assets of over $1.2 trillion (as at April 30, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit our website and follow us on Twitter @ScotiabankViews.

SOURCE Scotiabank

© Canada Newswire, source Canada Newswire English

share with twitter share with LinkedIn share with facebook
Latest news on THE BANK OF NOVA SCOTIA
07/10Top Canadian lenders plan to fill 3.5% of senior roles with Black employees
RE
07/10RBC commits C$150 million to diversity push, aims for more minority executive..
RE
07/09BANK OF NOVA SCOTIA : Gillian Riley, President & CEO of Tangerine Bank and EVP, ..
AQ
07/06RBC commits C$150 mln to diversity push, aims for more minority executives
RE
07/06TSX rises on energy gains, U.S. services sector rebound
RE
07/06THE BANK OF NOVA SCOTIA : Ex-dividend day for
FA
07/03Canada's biggest banks join boycott of Facebook platforms
RE
07/03Canada's biggest banks join boycott of Facebook platforms
RE
07/02BANK OF NOVA SCOTIA : Scotiabank and Sagicor Financial Corporation Limited to di..
PU
06/30BANK OF NOVA SCOTIA : Scotiabank launches new Sustainable Finance Group within i..
AQ
More news
Financials
Sales 2020 31 635 M 23 318 M 23 318 M
Net income 2020 5 845 M 4 308 M 4 308 M
Net Debt 2020 - - -
P/E ratio 2020 10,8x
Yield 2020 6,48%
Capitalization 67 279 M 49 482 M 49 592 M
EV / Sales 2019
Capi. / Sales 2020 2,13x
Nbr of Employees 97 369
Free-Float 99,0%
Chart THE BANK OF NOVA SCOTIA
Duration : Period :
The Bank of Nova Scotia Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THE BANK OF NOVA SCOTIA
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 60,77 CAD
Last Close Price 55,54 CAD
Spread / Highest target 26,0%
Spread / Average Target 9,42%
Spread / Lowest Target -20,8%
EPS Revisions
Managers
NameTitle
Brian Johnston Porter President, CEO & Non-Independent Director
Aaron William Regent Chairman
Loretta Marcoccia Chief Operating Officer, EVP-Global Banking
Rajagopal Viswanathan Chief Financial Officer & Executive Vice President
Michael Zerbs Chief Technology Officer & Group Head
Sector and Competitors
1st jan.Capitalization (M$)
THE BANK OF NOVA SCOTIA-24.28%49 482
JPMORGAN CHASE & CO.-30.94%293 291
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED-16.83%256 920
BANK OF AMERICA CORPORATION-31.80%208 388
CHINA CONSTRUCTION BANK CORPORATION-5.05%207 181
BANK OF CHINA LIMITED-15.62%140 810