TORONTO, June 9, 2011– Royal Bank of Canada (RBC) has been named one of Canada's "Top 50 Socially Responsible Corporations" in the June 20, 2011 issue of Macleans magazine. RBC has been included on this list since its inception in 2007.
The "Top 50 Socially Responsible Corporations" list was compiled by Jantzi-Sustainalytics, a global provider of environmental, social and governance research and analysis. The companies are drawn from the S&P/TSX, and were assessed using a best-of-sector methodology rather than by excluding industries. All are considered at the top of their respective peer groups, as measured against the standard of best practices in each 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 2010-2011 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 and one of
the Best Workplaces in Canada. RBC is also included on the 2011 Global
100 Most Sustainable Corporations in the World list, 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 2010, RBC contributed more than
$130.1 million to community causes worldwide, through donations of more
than $56.6 million, and an additional $73.5 million in sponsorship of
community events and national organizations.