Scotiabank included in 2022 Bloomberg Gender-Equality Index and Scotiabank
The 2022 GEI measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.
"We believe that inclusion makes us stronger, as a team within Scotiabank and for the diverse communities we serve every day," said
In addition to the 2022 GEI, Scotiabank has been recognized as a Triple Winner and one of the "Best Places to Work for LGBTQ+ Equality" by the
Scotiabank's commitment to prioritize gender and LGBT+ equality include:
- This week, Scotiabank announced that it will be expanding those benefits further with a new global standard for parental leave across its global footprint by 2025. The enhanced offering includes 8 fully paid weeks for all parents welcoming a new child and 8 additional fully paid weeks for parents who have given birth. This new standard will be introduced in 24 countries across the Bank's footprint including
Chile ,Colombia ,Mexico ,Peru and more. Currently we have in place expanded top-up pay for maternity and parental leave inCanada , providing parents with greater flexibility to take time away from work to balance work/life priorities when it comes to raising a family. - Scotiabank enhanced coverage for gender affirming procedures and benefits for all employees in
Canada andthe United States , as well as their dependents. In addition, Scotiabank has expanded its health care benefits to include the same-sex partners of employees inTrinidad and Tobago , joiningCanada ,United States ,Brazil ,Chile ,Colombia ,Costa Rica ,Mexico ,Panama ,Peru and Uruguay. - Building an inclusive workforce where 41 per cent of Vice Presidents and above in
Canada , and 37 per cent of Vice Presidents and above globally, are women. In 2021, 41 per cent of executive appointments went to women as the Bank continues to work towards increasing the representation of women in VP and above roles to 40 per cent globally by 2025. - Launched ScotiaRISE, Scotiabank's 10-year,
$500 million initiative to promote economic resilience among underrepresented groups including LGBT+ people and women. To date, ScotiaRISE has deployed over$22 million in community investment to nearly 200 organizations including The 519,OutRight Action International's COVID-19 Global LGBTIQ Emergency Fund ,Afghan Women's Organization , Dress forSuccess and Canadian Women's Foundation's Building Women's Economic Security in thePandemic Project . - The Scotiabank Women Initiative™ celebrated its third anniversary with plans to expand internationally. To date, it's deployed more than
$3 billion in capital to women-owned and women-led business inCanada and this month launched inJamaica .
This year, the 2022 Bloomberg Gender-Equality Index expanded globally to include 418 companies representing 45 countries and regions, including firms headquartered in
For more information on Scotiabank's commitment to diversity, equity, and inclusion, visit: https://www.scotiabank.com/ca/en/about/our-company/diversity-and-inclusion.html
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