TORONTO, January 23, 2013 — For the ninth consecutive year, RBC was named one of the Global 100: Most Sustainable Corporations in the World. RBC was the only Canadian bank included on the list.
"We are immensely proud of our performance at RBC and today's recognition as a global leader in sustainability and I believe it's time for more corporations to raise the bar," said Gordon M. Nixon, president and CEO, RBC. "I am confident that companies that find balance between their economic, social and environmental responsibilities and opportunities will create substantial long-term value for all their stakeholders. This is the new bottom line."
The Global 100: Most Sustainable Corporations in the World is an annual project initiated by Corporate Knights. Launched in 2005, the Global 100 is announced each year at the World Economic Forum in Davos, Switzerland. The objective of the Global 100 list is to recognize successful global corporations that have been world leaders in environmental, social and governance issues. To see full methodology, click here.
At RBC, we focus on six priority areas where we have an impact as a financial services company: corporate integrity, economic impact, marketplace, workplace, environment and community. Our pledges and commitments in each of these priority areas comprise our overall corporate responsibility strategy.
To learn more about RBC's corporate responsibility programs and performance visit: rbc.com/community-sustainability.
About RBC Community and Sustainability
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. 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 49 other countries. RBC is recognized among the worlds financial, social and environmental leaders and is listed on the 2012 - 2013 Dow Jones Sustainability World Index, the DJSI North American Index, the Jantzi Social Index and the FTSE4Good Index. RBC has been named one of Canadas Greenest Employers and one of Canadas 50 Most Socially Responsible Corporations.
RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2012, we contributed more than $95 million to causes worldwide (more than $64 million in donations, and $31 million in sponsorships ).