TSX:BNSBanks
How Investors Are Reacting To Bank of Nova Scotia (TSX:BNS) ESG-Driven Exit From Elbit Systems
Earlier this month, Scotiabank’s 1832 Asset Management dissolved its investment in Israeli defense company Elbit Systems following activist criticism and protests over the holding.
The divestment underscores how environmental, social and governance (ESG) pressures can directly influence capital allocation decisions and reputational risk for large financial institutions.
We’ll now examine how this ESG-driven portfolio shift may affect Scotiabank’s existing investment narrative around...