TORONTO, June 10, 2010 - Royal Bank of Canada (RBC) has been named one of Canada's 2010 "Top 50 Socially Responsible Corporations" in the June 21, 2010 issue of Macleans magazine, on newsstands today.
The "Top 50 Socially Responsible Corporations" list is based on research and analysis by Jantzi-Sustainalytics, a global provider of environmental, social and governance (ESG) research and analysis, sustainability benchmarks, and responsible investment services.
Jantzi Research uses a best-of-sector methodology, assessing all constituents of the S&P/TSX Composite Index rather than excluding industries, measuring each firm against the standard of best practices in its industry.
This honour adds to an impressive suite of recognition garnered by RBC for programs and performance related to sustainability and corporate responsibility.
RBC is recognized among the world's financial, social and environmental leaders and is listed on the 2009-2010 Dow Jones Sustainability World Index and the DJSI North American Index. RBC has been named one of Canada's Greenest Employers, one of Canada's Best Diversity Employers, one of Canada's 50 Most Socially Responsible Corporations and one of the Best Workplaces in Canada. RBC is also listed on the Jantzi Social Index, the FTSE4Good Index, and the Canadian Carbon Disclosure Project Leadership Index. As one of Canada's largest corporate donors, RBC supports a broad range of community initiatives, through donations, sponsorships and employee volunteer activities. In 2009, RBC contributed more than $105 million to community causes worldwide, through donations of more than $52.6 million, and an additional $52.5 million in sponsorship of community events and national organizations.