Scotiabank shows how to create value

As part of its environmental focus, the Bank promotes projects and investments that support the transition to a low-carbon economy and collaborates to address climate change.

That’s how Scotiabank Net Zero Research FundStarting in 2021, $1 million will be allocated annually to support institutions leading decarbonization efforts in key economic sectors.

Last November, Scotiabank announced the names of the organizations that will be the beneficiaries of the fund in 2023: the Costa Rican Coffee Institute (ICAFE) is one of them.

Thanks to a $52,000 grant from the Fund, the Institute is leading research in six regions of the country focused on determining the potential for carbon capture in soils used to treat water for coffee processing.

In the social space, the bank has recently implemented two important platform initiatives Scotiabank Football ClubIts goal is to build more inclusive communities through football, seeking to give more boys and girls equal opportunities to:

• Costa Rica hosted the 2023 World Cup in December Scotiabankis an international football tournament that brings together 88 boys and girls from eight countries: Costa Rica, Panama, Chile, Colombia, Peru, Mexico, Uruguay and the Dominican Republic.
• The U11 and U14 girls mixed category winners were awarded a trip to the Spanish city of Barcelona, ​​where they participated in sports programmes with FC Barcelona.

• February 2024 Football field donated to SOS Children’s Village Tres RiosThis is the third stadium built by the bank in Costa Rica: the first is located in Los Chiles de Alajuela and the second is in Limón.

Thanks to the construction and donation of soccer fields, thousands of boys and girls from nine Latin American countries and Canada are able to play sports and engage in healthy activities in a safe place.

In addition, within the framework of community action, an English teaching program was launched in 2024 my voicePartnering with CIT-ULACIT to strengthen the capacities and opportunities of young people in SOS Children’s Villages.

The pilot program for the initiative began on January 20 and will last until June 22 when students complete the first level of the program.

ScotiaINSPIRA is a global program that will invest $500 million in countries where the Bank operates to build the economic resilience of vulnerable communities and people.

Scotiabank’s social investments and programs foster more inclusive and equitable communities.

for

BRAND VOICE is the creative and content generation unit of GRUPO NACIÓN for brands distributed on its digital platforms and social networks.
This content was produced for advertisers and published by Brand Voice.