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RBC and Corporate Responsibility

 
It is our duty as a corporate citizen to add value to society while earning a profit for our shareholders. RBC companies take responsibility for the effects of their actions, both social and economic.
— One of RBC's Guiding Principles (Code of Conduct)

I believe that a company's actions speak louder than its words. At RBC, corporate responsibility can be seen in how we operate our business with integrity, support economic prosperity and environmental sustainability, and contribute to communities. This website is structured to reflect these areas of focus.
— Gordon M. Nixon, President and CEO

Gordon Nixon



Elements of corporate responsibility Business integrity Economic prosperity Environmental sustainability Community engagement
 
Corporate responsibility firsts
RBC’s long history of corporate responsibility contains many significant firsts. In fact, RBC takes corporate responsibility so seriously that in 1980, we embedded it in our first formal employee Code of Conduct. Here are some other highlights.

1891   Our first donation on record: $250 to the Springhill Mine accident relief fund.
1902 We hire our first woman: Jennie Moore from Vancouver.
1929 We start our corporate art collection.
1943 We publish the first issue of Royal Bank Monthly Letter, devoted to topics of citizenship.
1947 We are the first sponsor of the Canadian Olympic Association.
1979 We establish an Equal Employment Opportunity program.
1991 We are the first chartered bank in Canada to publish a formal privacy code.
1992 We are the first North American signatory to the United Nations policy on the environment.
2000 We are the first Canadian bank to be named to the Dow Jones Sustainability Index.
2003 We are the first Canadian bank to adopt the Equator Principles, to assess the social and environmental impacts of large-scale project finance deals.
2004 We are a founding member of the Canadian Aboriginal and Minority Supplier Council.
2005 We are named one of the world’s top 100 sustainable companies, according to a new global business ranking: the “Global 100 Most Sustainable Corporations in the World.”

Related Links
  Corporate Responsibility Report
  Sustainability Report
  Recognition
  Affiliations and Memberships
  CR 101: A Resource for Students (PDF)


In the News
  RBC re-commits to Equator Principles (2006.07.06)
  Reach! and RBC celebrate a first that will last (2006.06.05)
  RBC invests in students’ futures (2006.05.04)
  More >>



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