Scotiabank has 10 Tips for a Greener New Year
TORONTO, Jan. 14 /CNW/ - This New Year, Scotiabank is forecasting greener
trends throughout the Bank and the communities we support, building on our
commitment to being a socially responsible company.
"One of our new year's resolutions for 2009 is reducing Scotiabank's
environmental footprint," said Kaz Flinn, Scotiabank Vice-President, Corporate
Social Responsibility. "The momentum we've built over the past three years has
inspired us to enhance our efforts. Environmental sustainability remains an
important issue, and only by being diligent can corporations join communities,
government and individuals in making a real difference."
Scotiabank offers the following ten ways to have a greener new year:
1. Consider a switch to paperless banking: Did you know that you can
receive your account statements and pay your bills electronically?
Join one million Scotiabank customers who have made the move to
paperless. Find out more by calling 1-800-4-SCOTIA or visiting
2. Print and copy double sided at home and at work, and consider
choosing papers that are recycled and/or environmentally certified,
such as the Forest Stewardship Council (FSC).
3. Get a home energy audit. An auditor will come to your home and
identify areas for improvement that will lead to a reduction in your
energy bills and improve the energy efficiency of your home. To
locate a home energy audit supplier visit the Federal government
website at www.ecoaction.gc.ca - you may even be eligible for a
4. If you are in the market for new appliances, be sure to check out
appliances and products that are certified as energy efficient. The
Energy Star label will help you pick products, such as refrigerators,
air conditioners, washer and dryers and smaller appliances that are
the most energy efficient. To learn more, visit www.energystar.gc.ca
5. Unplug appliances when not in use - a majority of the electricity
used by appliances is consumed when they are off! Most people think
to unplug their toaster and TV, but unplugging your cell phone after
it has charged will also make a difference!
6. Try out energy efficient light bulbs such as Compact Fluorescent
Lights (CFLs) or Light Emitting Diodes (LEDs). LEDs, for example,
reduce energy use by up to 90%.
7. Choose locally produced food wherever possible - food that travels
long distances means extra greenhouse gas emissions in the
8. Turn on the tap! Drinking tap water rather than bottled water will
save you money and reduce your environmental footprint. Plastic water
bottles are energy and water intensive to produce.
9. Purchase a fun, reusable mug and use it for your morning coffee - you
will reduce your environmental footprint by avoiding hundreds of
plastic, paper and styrofoam cups.
10. Learn more about environmental issues and how you can reduce your
environmental footprint. Newspapers and magazines are running stories
about the environment on a regular basis, and start asking about
environmentally friendly options when making purchases, whether at
your bank, grocery store or car dealership.
"Our plans for the future build on the sustainable projects that
Scotiabank has participated over the past few years," said Kaz Flinn,
Scotiabank Vice-President of Corporate Social Responsibility (CSR).
"Scotiabank's most recent initiatives have included:
- In 2008 Scotiabank introduced the Scotiabank Global Climate Change
Fund. This is the first of its kind in Canada and allows Canadians to
invest in companies adopting technological and environmental
practices that mitigate and address the implications of climate
- Scotiabank has made an increasing amount of capital available for
financing renewable energy and clean technology companies.
- Scotiabank's equities research team produces client reports that
encourages investment in and promote a stronger understanding of the
- Scotiabank continues to review our processes to determine ways that
we can improve energy efficiency. A recent lighting retrofit saved
4,500 tonnes of CO(2) - the equivalent of 900 fewer cars on our
For our efforts, Scotiabank was recently named to the Carbon Disclosure
Project Climate Leaders Index."
Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With 69,000 employees, Scotiabank Group and
its affiliates serve approximately 12.5 million customers in some 50 countries
around the world. Scotiabank offers a diverse range of products and services
including personal, commercial, corporate and investment banking. With $508
billion in assets (as at October 31, 2008), Scotiabank trades on the Toronto
(BNS) and New York Exchanges (BNS). For more information please visit
For further information:
For further information: Ann DeRabbie, Scotiabank Public Affairs, (416)