2. Contents
• Setting the context
• Focus on the top 6
Canadian banks
• Highlights of each bank’s
community commitments
• Conclusion
• Appendix
2
3. Canadian Banks have a
significant presence in
the community.
The total banking sector
employs over 274,000 people
in Canada, and another
104,000 abroad.
The majority of these
employees work for the top
6 banks.
3
4. Together, the top 6 banks
contributed over Employee Volunteerism
$323 million in 2011, to
community commitments
of various types. Education
Support for the Arts
Each bank has its own areas
of focus in terms of social and
community commitments. Youth
However, as would be
expected, there are common Local Community Events
areas of commitment as well.
Health
4
5. The focus of this
overview is the top
6 Canadian banks.
The banks are presented in
alphabetical order.
Highlights for each bank are
shown in terms of:
• Each bank’s community
mission and areas of focus
• Highlights of major
initiatives and activities
5
7. A Broad Diversity of Charitable Initiatives
Key areas of focus include:
• Donations
• Disaster relief
• Sponsorships
• Support of employee
volunteer activities
7
8. Donations
Donations
Contributions cover education, health,
arts and culture, community
development, sports, and more.
Recent examples include:
• $500M to support Education and
Youth Engagement in Creative
Innovation at the Science World in
Vancouver (2012)
• A $200,000 contribution to the
Equity Through Education program
by BMO Capital Markets (via the
Financial Women’s Association NY –
2011)
8
9. Disaster Relief
Highlights
• Support for victims of natural
disasters through corporate giving
and employee-matched donations
• Waiving of fees or charges for
sending drafts or fund transfers
for a specified period
• Accepting donations at all
branches
• Support of fundraising appeals by
organizations such as the Red
Cross
9
10. Sponsorships
Sponsorships are selected based
on community impact and social
benefit. Examples of sponsorships
include:
• Calgary Stampede
• BMO Vancouver Marathon
• BMO Nations’ Cup and
Equestrian Sport
• Kids Help Phone
• Soccer
• Stratford Shakespeare Festival
10
11. Employee Activities
Employee volunteer activities take
advantage of:
The Volunteer Grants Program
• Supporting employee volunteer
activities
The Matching Gifts Program
• Matching employee donations
towards higher education
BMO Volunteer Day
• Supporting employee volunteer
work across North America
(June 7 2012)
11
12. BMO Harris Bank Initiatives
The many community initiatives in
the U.S. include:
• Financial Literacy in the U.S. – 2011
launch of a new financial education
program, Helping Make Money
Make Sense
• A founding sponsor of Money Smart
Week, an annual series of free
classes and activities for Chicago -
area consumers
• Financial support for the DuPage
Habitat charity complemented by
BMO employees’ volunteer home
building work
12
14. Key Community Priorities
• Supporting the charitable and
not-for-profit sector in Canada
• Linking the Bank’s community
investment program to tangible
community need
• Enabling employees to contribute
• Understanding and measuring the
impact of community giving
• Meeting or exceeding the 1%
benchmark for corporate giving
established by Imagine Canada
14
15. Kids, Cures, and Community
Community efforts focus on:
• Kids - Education, life skills, health,
and mentoring
• Cures - A major focus on breast
cancer research
• Community - Support through the
United Way campaign, and for
aboriginal and multicultural
communities
15
16. Kids – CIBC Youthvision Scholarship Program
Goal
• Provide kids with access to
financial support, internships and
strong mentoring relationships, to
help them achieve their full
potential
16
17. Kids – CIBC Children’s Foundation
Goals
• Improve the quality of life for
children in need in the communities
served by CIBC Wholesale Banking
and CIBC Wood Gundy
• Help prepare Canadian children for
future success
• Build awareness of the Foundation's
commitment
• Encourage employees’ volunteerism
and community engagement
17
18. Kids – CIBC Miracle Day
CIBC Miracle Day
• Occurs every December
• Wholesale banking employees and
participating CIBC Wood Gundy
Investment Advisors donate their
fees and commissions to the CIBC
Children’s Foundation
• The Foundation’s grants help more
than 450 children’s charities across
Canada
18
19. Cures – Run for the Cure
• A commitment to supporting breast
cancer research, education and
awareness through the Canadian
Breast Cancer Foundation CIBC Run
for the Cure
• CIBC Education Awards valued at
$10,000 each awarded to the top 10
student fundraisers nationally
• CIBC received the Canadian Breast
Cancer Foundation’s 25th
Anniversary Outstanding
Commitment Award
19
20. Community – Employee Volunteerism
Key initiatives:
CIBC United Way Campaign
• CIBC and its employees
contributed more than $7.9
million to the United Way in 2011
CIBC Employee as Ambassador
Program
• Supports the local community
initiatives that employees are
personally committed to
20
21. Community – Aboriginal Communities
Key initiatives:
Support of aboriginal communities
• $100,000 awarded annually for
scholarships and bursaries to First
Nations, Inuit and Métis students
through the National Aboriginal
Achievement Foundation
• CIBC Miracle Day funding helped
Canadian Feed the Children provide
over 195,000 snacks and meals to
more than 6,200 aboriginal children
in 2011
21
22. Community – Multicultural Communities
Key initiatives:
Support of multicultural
communities
• Lead sponsorship of the 2015 Pan
Am and Parapan Am Games, to be
held in the Greater Toronto
• Supporting cricket in Canada In the
summer of 2011
• Sponsorship of the 2011
International Indian Film Academy
celebrations
22
24. Helping Through Giving
Key areas of commitment:
• Health
• Sports and Athletics
• Education
• Arts and Culture
• Community Giving
• Urgent Needs & Volunteerism
24
25. Health – Support for Facilities
Key initiatives
• Largest donation in National Bank
history ($8 million), to support
construction of two state-of-the-
art hospital centres:
- Fondation du Centre
hospitalier de l’Université de
Montréal (CHUM)
- The McGill University Health
Centre Foundation (MUHC)
25
26. Health – Equipment and Research
Key initiatives
• Mount Sinai Hospital (Toronto)
Support of the purchase of
specialized equipment for
diagnosing complications during
pregnancies
• CANFAR (Toronto, Ontario; 2011-
2013) Support AIDS research and
awareness-raising activities
26
27. Sports
Partnerships and support
• Montreal Canadiens (Montreal,
Quebec) – Major partner
• Montreal Impact (Montreal, Quebec)
Major partner of Montreal’s
professional soccer team - Making
soccer more accessible to elementary
school children
• Quebec Foundation for Athletic
Excellence (Quebec) Supporting young
athletes in achieving their dreams by
granting some 25 bursaries to promising
student-athletes
27
28. Education
Donations
• Collège universitaire de Saint-
Boniface (Saint-Boniface,
Manitoba)
• Mount Royal University (Calgary,
Alberta) - Financial support to
students in Nursing and Business
Administration programs
• Children’s Aid Foundation
(Toronto, Ontario) Assisting
struggling young adults in their
return to school arts and culture
28
29. Arts and Culture
Partnerships & support
• L’Étoile Banque Nationale (Brossard,
Quebec) Partnership with the concert
venue at the Quartier Dix30 shopping and
entertainment complex
• Palais Montcalm (Quebec City, Quebec)
Major partner of the Palais Montcalm
since 2007
• Luminato (Toronto, Ontario) Supporting
art, culture and creativity in Toronto as a
presenter of the Canadian Songbook and
the free opening concert, National Bank
First Night
29
30. Community Giving
Community outreach
• Fondation Tel-jeunes (Quebec)
Psychological assistance by telephone
to young people experiencing problems
and their parents
• Grands Ballets Canadiens de Montréal
(Montreal, Quebec) – Support for the
Nutcracker Fund for disadvantaged
children
• West Island Community Shares
(Montréal, Québec) - Support for local
community organizations whose
mission is to assist people in need
30
31. Meeting Urgent Needs, and Volunteerism
Highlights
• 2011 Fund-raising campaign with the
Canadian Red Cross for victims of
flooding in Quebec, Manitoba, and
Western Canada, including deferment
of loan payments
• 2011 fundraising campaigns organized to
help the earthquake victims in Japan and
the drought victims in the African Horn
• Ongoing employee involvement in local
community events, as well as support for
the United Way/ Centraide campaign
31
33. RBC Royal Bank: Donations and Sponsorships
Donations and sponsorships are the
cornerstones of RBC’s community
approach.
Areas of focus:
• Health and wellness
• Education
• Environment
• Arts and culture
• Diversity
• Amateur sports
• Social services and civic causes
33
34. Health and Wellness
RBC Children’s Mental Health Project
• Donated almost $3.5 million to 109
organizations across Canada, and
launched a public awareness
campaign to inspire and enable
employees and clients to learn more
about children’s mental health
34
35. Education
RBC After-School Grants Project
• Donated over $2.6 million to 99
community-based organizations
that provide children with a safe
place to go after school, where
they can develop social skills and
self-esteem
35
36. Environment
RBC Blue Water Project™
(A global cause)
• Donated $7.6 million to
organizations working to protect
water, and supported conferences,
events and reports that promote
the importance of water to people,
business and the planet
36
37. Arts and Culture
RBC Emerging Artists Project
• Donated over $2.4 million to
apprenticeships, internships and
artist recognition programs at 114
agencies in 38 cities across
Canada, and expanded support of
emerging artists beyond Canada to
include the United Kingdom, the
U.S. and the Caribbean
37
38. Diversity
Diversity
• Donations of almost $5.7 million
to community initiatives that help
promote diversity, with a focus on
Aboriginal peoples, people with
disabilities, newcomers, cultural
markets, women and LGBT
(lesbian, gay, bisexual,
transgendered) people
38
39. Amateur Sports
Amateur Sports
• Awarded nearly $500,000 in grants
to support over 50 hockey
programs across Canada and the
United States
• RBC is a premier sponsor of the
Canadian Snowboard Team, the
Canadian Freestyle Ski Team,
Athletics Canada and the Canadian
Paralympic Committee
39
40. Amateur Sports - Support for the Olympics
Olympics
• Canada’s longest-standing
supporter of the Canadian Olympic
Team, with RBC sponsorship
continuing through London 2012,
Sochi 2014 and Rio 2016
• Through the RBC Olympians
program, elite-level athletes are
provided with flexible career
experiences to complement their
training regimes
40
41. Social Services and Civic Causes
Employee Contributions
Contributions by employees and
pensioners worldwide in volunteer
activities and funds to not-for-profit
groups through payroll deductions,
direct giving and special events
• Provided over 2,500 grants of $500 each,
totalling almost $1.3 million, to
organizations in recognition of their
volunteer work
• Provided 175 team action grants, totalling
$414,000, to organizations in recognition
of employee volunteer teams
41
43. Scotiabank Bright Future -
A Global Philanthropic Vision
Key areas of focus
Responsive to community needs
across:
• Health
• Education
• Social Services
• Arts and Culture
• Sports
• The Environment
• Employee-based community
programs
• Disaster Relief
• Fighting HIV-Aids
43
44. Health
Rural community support
• Scotiabank Peru support of Agua
Limpia (Clean Water), a non-profit
organization that helps local
governments in rural areas improve
access to potable water and
sanitation
• Agua Limpia also offers education
programs for families and children
about safe water usage, hygiene,
nutrition and conservation
44
45. Education
International scholarships
• Scholarship support for
international students studying at
the University of Waterloo, Faculty
of Environment and St. Paul’s
University College
• The Scotiabank International
Endowment, to provide new
international opportunities for
Canadian students and attract
more international students to
Waterloo, Canada
45
46. Social Services
Highlights
• In El Salvador, a partnership with A
Roof For My Country, an NGO that
builds houses for families in need
with the help of volunteers
• 2011 participation in the sixth
annual A Roof For My Country
fundraising campaign called
“¡Sigamos Construyendo El
Salvador!” (Let’s Build El
Salvador!)
46
47. Arts and Culture
Highlights
• In Chile, Scotiabank supported
modular teaching in the
Performing Arts Training Hall of the
Gabriela Mistral Cultural Centre
• The Centre includes an arts library,
five classrooms, a recording studio
and a new home for the Museo de
Arte Popular Americano of the
Universidad de Chile
47
48. Sports
Highlights
Canada's Hockey Bank - The Official
Bank of the NHL®, NHLPA®, NHL
Alumni™ and the CWHL
Engagement is supported by:
• Scotiabank Hockey Events
• NHL Alumni Tour
• Scotiabank Community Hockey
Sponsorship Program
48
49. Environment
Key areas of focus
• Reducing the Bank’s Environmental Impact
• Assessment of environmental risks
associated with the business operations of
each borrower
• Ongoing engagement with environmental
stakeholders around key environmental
initiatives
• Adherence to the Equator Principles, a set
of internationally recognized, voluntary
guidelines that establish social and
environmental standards in the banking
industry, on project finance
49
50. Employee-based Community Programs
Highlights
• More than 360,000 hours of
volunteering and fundraising time
contributed by Scotiabank employees
to local charities in 2011
• Strong support of employee
community engagement through two
programs - Team Scotia Community
Program (TSCP) and the Scotia
Employee Volunteer Program (SEVP)
• The Team Scotia Community Program
matches funds raised by employee
teams
50
51. Disaster Relief
Highlights
• CDN $100,000 donation to the Japan
Earthquake/Asia-Pacific Tsunami relief
efforts, through the Canadian Red Cross
• US $30,000 corporate donation and
volunteer support in October 2011
through the World Food Program (WFP)
for urgent aid for tropical storm victims
in El Salvador
• US $25,000 donation and volunteer
support in October 2011 to Operación
Bendición Guatemala, for the
construction of houses in areas affected
by heavy rains, flooding and landslides
51
52. Fighting HIV-AIDS
Highlights
• Established a mandate in 2005 to assist
in prevention and education of HIV and
AIDS in the Caribbean
• In 2011 Scotiabank introduced the
Scotiabank global HIV-AIDS strategy
• Scotiabank's global HIV-AIDS strategy is
organized under three strategic pillars:
• Fighting Stigma and Discrimination
• Promoting Awareness and
Education
• Contributing Donations and
Volunteering
52
54. Mission: Make a Positive Impact
Where We Work and Live
Priorities
• Education and financial literacy
• The environment
• Creating opportunities for young
people
• In the U.S., affordable housing
Other key areas:
• Employee volunteerism
• Disaster relief
• Support for diversity
54
55. Education
Highlights
• Pledged $100,000 to the Toronto
Council of Educators to help
educate marginalized youth
• Awarded the TD Scholarship for
Community Leadership to 20 of
Canada’s best and brightest with a
scholarship worth up to $70,000
55
56. Financial Literacy
Highlights
• The TD Financial Literacy Grant
Fund awarded $2.4 million to 29
community organizations across
Canada, across diverse
communities
• Over $2 million donated for
financial literacy programs, and
supported by over 2,800 employee
volunteers
56
57. The Environment – TD Friends of the Environment
Highlights
• In 2011, an important milestone
for TD Friends of the Environment
– the funding of its 20,000th
project
• In 2011, $3.6 million distributed by
TD FEF to support 1,058
community environment projects
across Canada
57
58. The Environment – Other Programs
Highlights
• TD Learning Naturally Program
offered by The Friends of Fish Creek
Provincial Park Society to 4,500
students from 34 economically
disadvantaged schools across
Calgary, Alberta (day-long field trips
for inner-city children)
• TD Tree Days: Nearly 5,000
volunteers planted over 28,000 trees
at 91 locations in Canada, the U.K.
and the U.S.
58
59. Creating Opportunities for Young People
Highlights
• TD Summer Reading Program (Canada
and the U.S.) – Supported by 2,000+
libraries with over 577,000 children
participating
• TD Grade 1 Book Giveaway - The
largest distribution of free books in
Canada
• Over 500,000 Grade One
students received a book in
English or French
59
60. Affordable Housing in the U.S.
Highlights
• Sponsorship of the Housing for
Everyone grant competition since
2006, by the TD Charitable
Foundation
• Nearly $10 million in donations
awarded to non-profits to help
provide safe, affordable housing
in the U.S.
60
61. Affordable Housing in the U.S.
Highlights
• 52 community development loans
worth $294 million originated to
help build or preserve nearly 1,500
new homes or apartments in
communities served by TD
• $296 million invested in low-
income housing tax credits to
support 36 housing projects for
families, individuals and elderly
residents
61
62. Employee Volunteerism
Highlights
• Tens of thousands of TD
employees volunteer each year
• Volunteer Grant Program -
employees who volunteer more
than 40 hours a year to a
registered charity can earn a
donation for the organization
62
63. Disaster Relief
Highlights
Combined corporate and employee
contributions to help disaster victims,
for:
• The Japan tsunami and earthquake
• Victims for Hurricane Irene in the U.S.
• Flood victims in New Brunswick,
Quebec and Manitoba
• Victims of wildfires in Slave Lake,
Alberta
• Victims of a tornado in Goderich,
Ontario
63
64. Support for Diversity
Highlights
• In 2011, TD donated $7.3 million
to diversity-related organizations
• Community events supported
include Black History Month, the
Festival of South Asia and 16 LGBT
Pride festivals across North
America
64
65. To conclude,
The Canadian banking
system has been rated the
best in the world by the
World Economic Forum.
It is heartening to see that
a commitment to fiscal
excellence extends to social
responsibility as well.
65
66. Appendix: Links and Image Credits
Links to Full Individual Bank CSR Reports Image Credits
BMO –
http://www.bmo.com/home/about/banking/corporate- Financial District Images – Original photography
responsibility/our-approach/reporting
CIBC – Images Used in Bank Sections – Sources: Bank
https://www.cibc.com/ca/inside-cibc/in-your- websites; public bank documents; the web
community.html
National Bank –
http://www.commitment.nationalbank.ca/
RBC –
http://www.rbc.com/community-sustainability/
Scotiabank –
http://www.scotiabank.com/ca/en/0,,377,00.html
TD –
http://www.td.com/corporate-responsibility/index.jsp
66