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Environment

 

RBC is committed to a path of environmental sustainability in order to protect our natural environment and our economy for future generations. We believe that this commitment has enhanced our capacity to conduct business and the RBC Environmental Blueprint will allow us to continue delivering short- and long-term benefits for our shareholders, clients, employees and the communities in which we live and conduct business.

Priorities

Our priority areas focus on activities and issues including climate change, biodiversity and water that enable RBC to balance the principles of environmental sustainability with financial performance.

Our priorities are:

2008 Highlights
  • RBC named to 2009 Dow Jones Sustainability Index. More.

  • RBC unveils worldwide carbon trading capabilities to help industry manage greenhouse gas emissions. More.

  • Now House™: What if your home had an energy bill of zero? More.

  • Access to water in Honduras. More.

  • RBC announces 2008 Blue Water Project Community Action Grant pool of $200,000. More.

  • RBC announces first Blue Water Project Grant pool of $1.5 million. More.

  • Canadians over-confident in country's supply of fresh water new poll by Unilever and RBC reveals. More.

  • RBC pledges $500,000 to complete Tides Canada Foundation’s Great Bear Rainforest campaign. More.

  • RBC announces Blue Water Project advisory panel.
    More
    .

  • RBC named one of world’s top 100 sustainable companies.
    More
    .
2007 Performance Highlights
  • Launched the RBC Environmental Blueprint.

  • Decreased greenhouse gas (GHG) emissions intensity from our energy consumption by nearly 8 per cent since our 2005 baseline.

  • Doubled the number of RBC branches powered by certified
    "green," emission-free power avoiding nearly 1,680 tonnes of GHG emissions and air pollution.

  • Applied the Equator Principles to six large projects and reviewed nearly 650 transactions where environmental issues were identified as material.

  • Provided project finance and advisory services to alternative energy projects that are expected to provide approximately 1.1 gigawatts (GW) of GHG emission-free energy.

  • Introduced product options and incentives for retail clients.

  • Canadians embrace option with reduced environmental impact. More.

  • RBC announces $10 million commitment to ONE DROP Foundation. More.

  • RBC launches $50 million Blue Water Project and unveils global Environmental Blueprint. More.

  • RBC named to Climate Disclosure Leadership Index 2007. More.

  • New RBC retail banking and insurance locations to be green powered. More.

  • RBC introduces choices for environmentally-minded Canadian banking clients. More.

  • RBC named to 2008 Dow Jones Sustainability Index. More.

  • RBC increases support for clean, renewable power. More.

  • RBC Capital Markets releases "Investing in Solar Now" report. More.

    RBC tops “Global 100 Greenest Companies” list. More.

  • RBC expands support of clean, green power. More.

  • RBC named one of world's Top 100 sustainable companies. More.
Issues
  • While all companies must take responsibility for the environmental impact of their direct operations and purchasing activities, financial institutions are also expected to assess the environmental impact of the activities of the clients to whom we provide credit. RBC integrates environmental aspects into lending and investment decision-making criteria. Learn more.

  • Financial services companies are increasingly expected to provide financial services that allow clients to reduce their impact on the environment and adapt to unavoidable environmental impacts, such as climate change and water scarcity. Learn more

Related Links
  Environment Site


In the News
  RBC provides $2.6 million for after-school programs across Canada (2008.09.05)
  RBC named to 2009 Dow Jones Sustainability Index (08.09.04)
  RBC donation helps Red Cross provide personal disaster assistance (08.07.30)
  More >>



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