Bank of Nova Scotia shareholder proposals

8 April 2025 · put on the ballot by shareholder · Workforce & human rights

Should Bank of Nova Scotia report on forced and child labour in what it lends to and finances?

Shareholders asked the bank to report on how it identifies and addresses forced labour and child labour risk in its lending and financing portfolios — not only in its own operations, but in the businesses its capital supports.

“SP 2: Report on Forced Labor and Child Labor in Lending Portfolios”

0 of 4 funds we track voted for it.

The same proposal was put to Toronto-Dominion Bank, Royal Bank of Canada, Canadian Imperial Bank of Commerce.

8 April 2025 · put on the ballot by shareholder · Pay equity & inclusion

Should an independent auditor examine how Bank of Nova Scotia affects civil rights?

Shareholders asked the board to commission an independent, third-party audit of the company’s impact on civil rights and racial equity — its workforce, its customers and the communities it operates in — and to publish what the auditor finds.

“SP 1: Publish a Third-Party Racial Equity Audit”

0 of 4 funds we track voted for it.

The same proposal was put to Walmart, PepsiCo, Mastercard Incorporated, Caterpillar, Boeing, Deere.

8 April 2025 · put on the ballot by shareholder · Social

Should Bank of Nova Scotia account for how it builds and uses AI?

Shareholders asked for a report on the company’s use of artificial intelligence — where its training data comes from and on what terms, how the board oversees the risk, and what the technology is doing to the accuracy of what users see.

“SP 3: Adopt Advanced Generative AI Systems Voluntary Code of Conduct”

0 of 1 funds we track voted for it.

The same proposal was put to Amazon.com, Microsoft, Alphabet, Apple, Lyft, Toronto-Dominion Bank.