Bank of Nova Scotia
Primary Climate Goal
Bank of Nova Scotia aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2016
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Bank of Nova Scotia reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 104 Kt (-7.1 /-6.4% y-o-y).
Bank of Nova Scotia's Scope 3 emissions soared to 92 Kt (
The company has not set a company-wide target for an absolute reduction in GHG emissions yet.