Scotiabank
Canada, New York
Banks
Corporate Bias Rating
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Risk Level:
High Risk
Summary:
Scotiabank is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Scotiabank embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportShareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 4/9/24 | InvestNow | Impact of Oil and Gas Divestment | Against | N/A | |
| 4/9/24 | Mouvement d’éducation et de défense des actionnaires (MÉDAC) | Disclosure of Non-Confidential Information, Country-by-Country Reporting, Compensation Ratios and Tax Havens | Against | N/A | |
| 4/9/24 | Mouvement d’éducation et de défense des actionnaires (MÉDAC) | Advisory Vote on Environmental Policies | Against | N/A | |
| 4/4/23 | Environmental | advisory vote on environmental policies | Against | 16.48% | |
| 4/4/23 | Environmental | report on 2030 absolute greenhouse gas reduction goals | Against | 24.66% |
In the News
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