Scotiabank included in 2020 Bloomberg Gender-Equality Index

February 11th, 2020



Monday, February 3, 2020

Scotiabank included in 2020 Bloomberg Gender-Equality Index

Scotiabank has been included in the 2020 Bloomberg Gender-Equality Index (GEI), which recognizes companies committed to transparency in gender reporting and gender equality in the workforce. This is the third year in a row that the Bank has been included in the index.

“We believe an inclusive workforce creates opportunities for every future,” said Barb Mason, Group Head and Chief Human Resources Officer, Scotiabank. “We’ve long been a champion for the advancement of women and know how important it is to our customers and employees that we reflect the diverse communities across our global footprint. It’s essential to building winning teams and to building a better Bank.”

“We’re proud to be recognized for our efforts supporting gender equality and the advancement of women in the workforce – we continue this work every day.” She continued.

Globally, Scotiabank’s commitment to prioritize equality and the inclusion of women include introducing mandatory conscious inclusion training to all employees globally and signing onto the UN Women’s Empowerment Principles (WEPs), which offer guidance to businesses on how to promote gender equality and women’s empowerment in the workplace, amongst other initiatives.

Commenting on the recognition, Stephen Bagnarol – Senior Vice President and Managing Director, Scotiabank Trinidad and Tobago Limited indicated “At Scotiabank, we’re committed to promoting diversity and inclusion. When we embrace different backgrounds, orientations, and experiences, this leads to a mix of ideas and thoughts and acts as an armour against artificial consensus thinking. In Trinidad & Tobago, Scotiabank is committed to building an inclusive workforce and we’re proud that today 55% of our senior managers and 50% of our Vice Presidents are women.”

Stephen Bagnarol - SVP and Managing Director

Stephen Bagnarol – SVP and Managing Director, Scotiabank

About GEI

The 2020 GEI comprises 325 companies representing 42 countries and regions across 50 industries including automotive, banking, consumer services, engineering and construction, and retail. Using a standardized reporting framework, the GEI tracks the financial performance of public companies committed to supporting gender equality through policy development, representation, and transparency, and measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand.

About Scotiabank

Scotiabank is a leading bank in Canada and a leading financial services provider in the Americas. We are here for every future. We help our customers, 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 a team of more than 100,000 employees and assets of over $1 trillion (as at October 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on Twitter @ScotiabankViews.