Scotiabank has been recognized with 10 wins in the 2025 Global Finance Sustainable Finance Awards, including Best Bank for Sustainable Financing in Emerging Markets (North America), and for its sustainable finance products in Latin America and North America. This recognition highlights the pivotal role of Mexico as a vital hub for innovation and sustainable finance in North America. Scotiabank was also recognized as Best Bank for Sustainability Transparency in three different regions, based on Scotiabank’s suite of sustainability and climate reporting (Global, North America, and Latin America).
Global Finance’s 2025 Sustainable Finance Awards recognize global, regional and local leadership in Sustainable Finance. Winners are selected by the editors of Global Finance based on entries for consideration as well as independent research.
The full list of recognitions for Scotiabank by Global Finance include:
Latin America
Best Bank for Sustainability Transparency
Best Bank for Sustainable Infrastructure/Project Finance
Country
Best Bank for Sustainable Finance in Chile (second year)
North America
Best Bank for Sustainability Transparency (fifth year)
Best Bank for Sustainable Financing in Emerging Markets (second year)
Best Bank for Sustainable Infrastructure/Project Finance
Best Bank for Social Bonds (second year)
Best Bank for Sustainable Bonds
Best Bank for Transition/Sustainability-Linked Loans
Global
Best Bank for Sustainability Transparency
Scotiabank continues to support clients by providing them with products designed to support their environmental and social goals. Across the regions where Scotiabank has a presence, the Bank’s Sustainable Finance and global banking teams provide clients with advisory services and assist in providing capital through innovative financial tools to achieve their sustainability objectives.
Scotiabank’s dedicated Sustainable Finance Group has grown significantly since its inception in 2020 and is a leader in developing innovative sustainable lending, advisory and underwriting solutions to support the Bank’s diversified clients across its global presence. The team produces thought leadership and market insights for clients and engages at various local and international sustainable finance events to further the discourse and raise awareness with a range of stakeholders.
Sustainable Financing products are an important pillar of Scotiabank’s overall climate strategy. The Bank has set a goal to provide CAD$350 billion in climate-related finance1 by 2030. Since November 1, 2018, the Bank has provided CAD$172 billion towards that goal (as at end of FY2024).2 Scotiabank publishes annually its Climate Report, which outlines the Bank’s global climate goals and progress.
Learn more about our Sustainable Finance Group
1 As defined in Scotiabank Climate Report, climate-related finance consists of those products and services (such as lending and advisory services) as well as the types of transactions (such as sustainability-linked loans or dedicated purpose loans), which support, among other things, climate change mitigation, adaptation, pollution prevention, sustainable management of natural resources, biodiversity conservation and circular economy.
2 Scotiabank. (2024). Annual report 2024 (p. 13). Retrieved from source.
