Scotiabank ranks on The Globe and Mail's annual Women Lead Here benchmark of executive gender diversity for the fourth consecutive year
The Women Lead Here benchmark was established in 2020 by Report on
"Scotiabank is committed to creating a culture where all women can succeed and feel empowered to reach their full potential," says
Scotiabank is committed to the development and advancement of all women across its footprint, through inclusive hiring practices, sponsorship and mentorship programs specifically targeting women, and market leading benefits, including the Bank's global minimum standard for parental leave and its recently announced Global Inclusive Standards of Care.
"Recognizing the achievements of companies that effectively address the challenges of executive gender parity represents a pivotal stride forward," says
For the 2024 ranking, Report on Business conducted a journalistic analysis of approximately 500 large publicly-traded Canadian companies based on revenue, evaluating the ratio of female-identifying to male-identifying executives in the top three tiers of executive leadership. The resultant data was applied to a weighted formula that also factored in company performance, diversity and year-to-year change.
In total, 97 companies earned the 2024 Women Lead Here seal, with a combined average of 45% of executive roles held by female-identifying individuals.
The 2024 Women Lead Here list is published in the
The
Scotiabank's vision is to be our clients' most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. Guided by our purpose: "for every future," we help our clients, 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 assets of approximately $1.4 trillion (as at January 31, 2024), Scotiabank trades on the
SOURCE Scotiabank