TORONTO, March 26, 2021 /CNW/ - Scotiabank is pleased to
announce it has earned a spot on the 2021 Report on Business
Women Lead Here list, an annual editorial benchmark to
identify best-in-class executive gender diversity in corporate
Canada.
Established in 2020 by Report on Business magazine, the Women
Lead Here initiative applies a proprietary research methodology
to determine Canadian corporations with the highest degree of
gender diversity among executive ranks.
"With our unique footprint across the Americas, we celebrate our
tremendously diverse workforce and take pride in the talented women
representing and leading our winning team," says Barb Mason, Group Head and Chief Human Resources
Officer, Scotiabank. "We're proud to place on the Women Lead Here
list, which reflects our strong commitment to the advancement of
women and our efforts to move beyond the numbers. From our hiring
and selection practices, to development and promotion, we're
improving our institutional systems to help reduce barriers such
that inclusivity permeates the cultural fabric shaping who we are
as Bank."
For the 2021 ranking, Report on Business conducted a
journalistic analysis of nearly 500 large publicly traded Canadian
companies, 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, 71 companies earned the 2021 Women Lead Here
seal, with a combined average of 44 per cent of executive roles
held by female-identifying individuals.
The full list of 2021 Women Lead Here honourees can be
found online now at tgam.ca/WomenLeadHere.
About Scotiabank
Scotiabank is a leading bank in the
Americas. Guided by our purpose: "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 approximately 90,000 employees and assets of
approximately $1.2 trillion (as at
January 31, 2021), Scotiabank trades
on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
About The Globe and Mail
The Globe and Mail is
Canada's foremost news media
company, leading the national discussion and causing policy change
through brave and independent journalism since 1844. With our
award-winning coverage of business, politics and national affairs,
The Globe and Mail newspaper reaches 5.9 million readers every week
in our print or digital formats, and Report on Business magazine
reaches 2.1 million readers in print and digital every issue. Our
investment in innovative data science means that as the world
continues to change, so does The Globe. The Globe and Mail is owned
by Woodbridge, the investment arm
of the Thomson family.
SOURCE Scotiabank