RBC Rated as a 'Best Place to Work for LGBT
Equality' by The Human Rights Campaign
Company achieves 100 percent on annual Corporate Equality
Index rating
TORONTO, November 15, 2012 - The Royal Bank of Canada
(RBC) announced today that RBC Wealth Management-U.S. and
RBC Capital Markets-U.S. received a 100 percent rating from
the Human Rights Campaign (HRC) for its 2013 Corporate Equality
Index (CEI), and is recognized as one of the "Best Places
to Work for LGBT Equality." The CEI rating annually recognizes
companies with policies and procedures that support the Lesbian,
Gay, Bisexual and Transgender (LGBT) community. RBC received
this honour based on a joint submission from the RBC Wealth
Management-U.S. and RBC Capital Markets businesses.
"We are proud to have earned HRC's highest Corporate
Equality Index rating for the third year," said John
Taft, CEO, RBC Wealth Management-U.S. and executive sponsor
of the RBC Gay, Lesbian, Allied and Diverse Employees (GLADE)
employee resource group (ERG) for RBC Wealth Management-U.S.
"This rating recognizes all that we do to support diversity
and inclusion both within the company and the communities
where we live and work."
"We are honoured to receive this esteemed rating, alongside
several of our clients and business partners who value diversity,"
said Deborah Freer, U.S. Chief Operating Officer of RBC Capital
Markets and Executive Sponsor of RBC Capital Markets' PRIDE
Employee Resource Group. "This recognition underscores
RBC's commitment to creating an inclusive and diverse workplace
where employees can reach their full potential and best serve
our clients, shareholders and communities."
As an advocate for equal employment opportunities, RBC maintains
a workplace that embraces diversity and inclusion. The company
provides benefits to employees' opposite and same sex domestic
partners and introduced transgender benefits in 2012. In addition,
the company supports both national and local organizations
that serve the LGBT community through sponsorships, grants
and the employee matching gift program.
RBC supports several LGBT ERGs globally, including RBC GLADE,
(1999), RBC PRIDE Canada (2006), RBC PRIDE Capital Markets
(2011); RBC GLOBE UK (2011) . All groups have a mission to
create a welcoming and open working environment that allows
LGBT employees to achieve their full potential.
The Corporate Equality index is the premier national benchmark
for LGBT workplace inclusion. The report provides an in-depth
analysis and rating of large U.S. employers and their policies
and practices pertinent to the LGBT market. A total of 899
businesses spanning nearly every industry and major geography
of the U.S. were rated in the 2013 CEI including 293 Fortune
500 companies. Of those voluntary submissions, a record 252
businesses received a top rating of 100 percent.
The Human Rights Campaign is America's largest civil rights
organization working to achieve lesbian, gay, bisexual and
transgender equality. By inspiring and engaging all Americans,
HRC strives to end discrimination against LGBT citizens and
realize a nation that achieves fundamental fairness and equality
for all.
About RBC
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries
operate under the master brand name RBC. We are Canada's largest
bank as measured by assets and market capitalization, and
are among the largest banks in the world, based on market
capitalization. We are one of North America's leading diversified
financial services companies, and provide personal and commercial
banking, wealth management services, insurance, corporate
and investment banking and transaction processing services
on a global basis. We employ approximately 80,000 full- and
part-time employees who serve more than 15 million personal,
business, public sector and institutional clients through
offices in Canada, the U.S. and 51 other countries. For more
information, please visit rbc.com.
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For more information please contact:
Ann Wasik, RBC Wealth
Management, 612-313-1275, ann.wasik@rbc.com
Kaitlin Conetta,
RBC Capital Markets, 212-428-6409, kaitlin.conetta@rbc.com
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