TORONTO, June 14, 2012 – Royal Bank of Canada (RBC) has been named one of Canada's "Top 50 Most Socially Responsible Corporations" in the June 25, 2012 issue of Macleans magazine. RBC has been included on this list since its inception in 2009.
The "Top 50 Most Socially Responsible Corporations" list was compiled by Sustainalytics (formerly Jantzi Research), a global provider of environmental, social and governance research and analysis. Sustainalytics explains that each of the companies featured has a significant market capitalization or brand presence in Canada and is featured on at least one of the following lists: the ROB Top 100, the RBC Top 350 or Interbrand’s Best Canadian or Best Global Brands lists and were assessed using a best-of-sector methodology. The list comprises the top five companies within ten major industry groupings including banking, energy and utilities, and food and beverage. All of the companies on the list have demonstrated strong performance in areas such as environmental initiatives, impact on local communities, treatment of employees and supply chain management.
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 2011-2012 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 2012 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 2011, RBC contributed more than $98 million to community causes worldwide, through donations of more than $64 million, and an additional $34 million in sponsorship of community events and national organizations.