Three pillars established to unite Scotiabank's efforts around the world
in further support of United Nations Global Compact
TORONTO, Dec. 1, 2011 /CNW/ - Scotiabank today announced the
introduction of a Global HIV/AIDS Strategy to unite and strengthen its
programs and initiatives across more than 55 countries aimed at
addressing this life-threatening disease. This new strategy is part of
Scotiabank's global community-based philanthropic program, Bright
Future, and will bring together all of the Bank's efforts under three
pillars in the fight against HIV/ AIDS.
"Scotiabank has been a longstanding and active participant in global
efforts to raise awareness of HIV/AIDS and support people affected,"
said Sylvia Chrominska, Group Head of Global Human Resources and
Communications at Scotiabank. "The creation of this strategy and
supporting pillars builds on the good work that has already been done
across our global network. It also underscores Scotiabank's commitment
to the United Nations Global Compact and more specifically, the UN's
Millennium Development Goal 6 on combating HIV/AIDS."
The three pillars are:
Fighting Stigma and Discrimination
Scotiabank will continue to strengthen and implement workplace best
practices in its offices and branches. With over 75,000 employees in
more than 55 countries worldwide, Scotiabank is in a unique position to
combat stigma and discrimination surrounding HIV/AIDS.
Promoting Awareness and Education
Scotiabank will continue its work in promoting awareness and education
on HIV/AIDS and seek out new initiatives with a particular focus on
children and youth.
Contributing Donations and Volunteering
Scotiabank will continue to promote and leverage the work of local
grassroots organizations, employee volunteer initiatives and in-kind
contributions in countries around the world through its Global Bright
"As a leading bank in the Caribbean, Central and Latin America, we know
that HIV/AIDS is a health concern that our communities around the world
are facing," said, Claude Norfolk, Senior Vice President of
International Banking for Scotiabank in the Caribbean. "Our global
strategy to combat HIV/AIDS represents an important next step in
supporting the communities where we live and work by doing our part and
focusing our local efforts into a global response."
In the past 10 years, Scotiabank and its employees globally have
committed more than $95 million to health care initiatives, including
support of HIV/AIDS awareness, research and education.
In Canada, the Scotiabank AIDS Walk for Life in cities across Canada has
raised approximately $36.5 million since 1996 in support of programs
and services for people infected by HIV/AIDS. For the past four years,
Scotiabank has been the presenting sponsor of The Friends for Life Bike
Rally, a Toronto-to-Montreal cycling event which raises money for the
Toronto People with AIDS Foundation, Canada's largest direct provider
of services and support to men, women and children living with
HIV/AIDS. The annual event involving 400 cyclists and crew has raised
more than $9 million since its inception in 1999. Scotiabank recently
renewed its sponsorship of the event for an additional three years.
Within its own workforce the Scotia Pride Employee Resource Group helps
foster an inclusive environment, where employees and customers of the
LGBT community and their allies feel safe, valued & respected.
"Our work on HIV/AIDS began in 2001 with our employees to ensure we had
internal policies that addressed human rights and anti-discrimination
of people living with HIV/AIDS," said Kaz Flinn, Vice President of
Corporate Social Responsibility at Scotiabank. "Since then, through
the leadership and engagement of our employees, the Bank has worked on
many unique initiatives to help combat HIV/AIDS, to promote awareness
and open discussions. Our global strategy communicates the full extent
of the support we have delivered and will continue to deliver in the
fight against HIV/AIDS."
Scotiabank is committed to supporting the communities in which we live
and work, both in Canada and abroad, through our global philanthropic
program, Scotiabank Bright Future. Recognized as a leader
internationally and among Canadian corporations for our charitable
donations and philanthropic activities, Scotiabank has provided on
average approximately $44 million annually to community causes around
the world over each of the last five years. Visit us at www.scotiabank.com.
About Scotiabank's Global Bright Future Program
The Scotiabank Bright Future program is a global philanthropic program
uniting the Bank's social, charitable, community and employee volunteer
programs. In Canada, Scotiabank's corporate donations and employee
fundraising and volunteering initiatives are aimed at being relevant to
the community at a grassroots level and focus on six areas: health,
education, social services, arts & culture, sports and the environment.
For further information:
Deborah Clark, Scotiabank Media Communications, email@example.com , 416-933-0646