(Reuters) - Bank of Nova Scotia
The initiative, labeled "BlackNorth," was launched by Wes Hall, a prominent Canadian businessman and the chairman of proxy advisory firm Kingsdale Advisors. It urged executives to fill at least 3.5% of senior executive and board positions in Canada with Black leaders by 2025. (https://bwnews.pr/2Of8eE4)
Companies across the globe have announced donations to nonprofit organizations and pledged money for internal company programs for racial and social justice causes amid worldwide protests over the death of George Floyd, an African-American man who died under the knee of a white police officer in May.
Royal Bank of Canada
Last month, Manulife Financial Corp
(Reporting by Shanti S Nair in Bengaluru; Editing by Aditya Soni)