Banking is not the kind of industry that conjures up images of severe environmental hazard. But as a global company we have a fairly significant environmental footprint. We measure and track a variety of environmental indicators like our GHG emissions, paper use, energy use and employee travel. Our efforts to reduce the intensity of our footprint are paying off and we’re committed to doing even better.
The RBC Environmental Blueprint includes specific, long-term footprint reduction commitments for energy, greenhouse gas emissions, paper, travel, water, and waste.
We monitor and report progress against our footprint reduction commitments, and we also provide in-depth detail on key environmental indicators in the RBC Environment Report.
Our environmental impacts are primarily associated with our extensive network of owned and leased properties, and our procurement activities. As a result, many of our ongoing initiatives focus on these areas.
With over 20 million square feet of real estate, we are constantly looking for ways to reduce water and energy use. From occupying LEED buildings to implementing our energy management plan, we have a number of initiatives in place to reduce the impact of our real estate.
We typically purchase over $5 billion of goods and services annually. We can use our purchasing power to transition our supply chain into a model that better supports environmental sustainability.
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