North America’s best bank for ESG 2025: Scotiabank

Meigan Terry

Scotiabank wins Euromoney’s award for best bank for ESG in North America for its comprehensive integration of sustainability into business strategy, pioneering Indigenous reconciliation efforts, and leadership in innovative climate finance. 

The bank is racing ahead on the road to net zero, having committed to mobilising C$350 billion ($255 billion) to climate-related funding by 2030, with C$172 billion already delivered. The roadmap is set. In 2024, it launched a climate transition plan and established an enterprise-wide climate transition steering committee to oversee execution of climate objectives and ensure deep business integration.

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