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Sunday, March 16, 2025

Scotiabank T&T’s paperless project wins international award

by

Joel Julien
1144 days ago
20220126
Scotiabank managing director Gayle Pazos.

Scotiabank managing director Gayle Pazos.

Sco­tia­bank T&T has won an in­ter­na­tion­al award for its pa­per­less project.

Sco­tia­bank T&T was recog­nised by the Sus­tain­abil­i­ty, En­vi­ron­men­tal Achieve­ment and Lead­er­ship (SEAL) Awards for its in­no­va­tion, and com­mit­ment to sus­tain­able busi­ness prac­tices.

The SEAL Awards cel­e­brate the com­pa­nies and lead­ers glob­al­ly that make mea­sur­able con­tri­bu­tions to sus­tain­abil­i­ty and de­vel­op in­no­v­a­tive ini­tia­tives that will pos­i­tive­ly im­pact the en­vi­ron­ment for cen­turies to come.

The Bank was the re­cip­i­ent of the SEAL En­vi­ron­men­tal Ini­tia­tive Award for its Pa­per­less Project.

“Our En­vi­ron­men­tal, So­cial and Gov­er­nance (ESG) strat­e­gy is fo­cused on de­vel­op­ing, im­ple­ment­ing and in­vest­ing in ini­tia­tives in the places where we have the most di­rect im­pact – in our own op­er­a­tions. We saw an op­por­tu­ni­ty to im­prove our en­vi­ron­men­tal im­pact by em­brac­ing sus­tain­able prac­tices through the cur­tail­ment of pa­per us­age through­out our or­ga­ni­za­tion” com­ment­ed Gayle Pa­zos, se­nior vice pres­i­dent and man­ag­ing di­rec­tor, Sco­tia­bank T&T.

“In 2021, we re­duced print vol­umes by 3.6 mil­lion pages through cre­at­ing a cul­ture of aware­ness, re­spon­si­bil­i­ty and im­pact with our em­ploy­ees who have em­braced the mi­gra­tion of pa­per-based process­es to dig­i­tal so­lu­tions that el­e­vate our cus­tomers’ over­all ex­pe­ri­ence” she con­tin­ued.

Matt Har­ney, SEAL Awards’ Founder in­di­cat­ed “In­creased cor­po­rate pri­ori­ti­sa­tion of ESG ini­tia­tives has been a wel­come and need­ed change as our cli­mate cri­sis fur­ther ac­cel­er­ates. This in­creased in­vest­ment in sus­tain­able busi­ness prac­tices has raised the bar for ESG ex­cel­lence, mak­ing this our most com­pet­i­tive award event ever with a record num­ber of sub­mis­sions. Our mis­sion at SEAL is to rig­or­ous­ly as­sess and then cel­e­brate ex­tra­or­di­nary sus­tain­abil­i­ty lead­er­ship.”

Pa­zos al­so high­light­ed the Bank’s deep­ened fo­cus on all ESG mat­ters. “We re­main com­mit­ted to con­tin­u­ing to ex­plore pro­grammes that move the nee­dle not just on en­vi­ron­men­tal progress but al­so oth­er ar­eas of ESG in or­der to max­imise our pos­i­tive im­pact, help­ing to build a bet­ter fu­ture for all stake­hold­ers” she con­clud­ed.


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