RBC understands the importance of balancing the needs of our business with stewardship of the earth’s resources.

In our lending practices as well as our own business operations, our goal is to minimize environmental impact and help protect our planet for future generations. We also play a leading industry role in promoting environmentally sustainable business practices.

This section of our report covers some of RBC’s initiatives in promoting environmental sustainability. For more detailed information, please visit rbc.com.

 

2005 PERFORMANCE HIGHLIGHTS
   
•  Named to the Global 100 Most Sustainable Corporations in the World ranking, the Dow Jones Sustainability World Index (sixth consecutive year), the Dow Jones Sustainability North America Index, the Jantzi Social Index, and the FTSE4Good Index (fourth consecutive year), recognizing the world’s financial, social and environmental leaders.
•  Evaluated environmental impact of two development projects using the Equator Principles (adopted in 2003).
•  Financed 26 wind farms in North America, the U.K., France and the Republic of Ireland.
•  Reduced greenhouse gas emissions by 2,619 tonnes since 2003, through energy-efficiency projects and Green Power programs.
•  Purchased 1,530 megawatt hours of Green Power through BC Hydro and Bullfrog Power in Ontario.
Introduced “paperless” statements for online banking clients, which will save 40 tonnes of paper annually.

 

 

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