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Contribute to building inclusive and resilient communities
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Next steps on our racial equity assessment
In line with our commitment to transparency and continuous improvement, in 2023, we committed to hiring independent, third-party consultants to conduct a racial equity assessment of our employment practices, and a racial equity assessment of our commercial and business practices, to identify potential adverse impacts on Black, Indigenous and other people of colour, along with options to consider to help address those issues.
Update: January 2026
- After a comprehensive vendor assessment and due diligence process, WeirFoulds LLP was selected to conduct the independent assessment of our employment practices, and Covington & Burling LLP was selected to conduct the independent assessment of our commercial and business practices.
- The scoping of the employment practices assessment is complete, and the assessment is underway. WeirFoulds informed us that they have met with various stakeholders, including shareholders and employee representatives, to gather feedback during the scoping phase. While we had aimed to complete this assessment by the end of 2024, WeirFoulds has requested an extension to complete their work.
- Work on the scoping of the assessment of our commercial and business practices is underway.
- We expect that both assessments will conclude in 2026.
Latest Stories
RBC’s Legacy Space
The 40th floor at RBC’s head office is a space where employees, clients and partners gather as a center of commerce focused on helping people thrive and communities prosper. RBC is committed to building relationships with Indigenous people and communities based on mutual respect and shared values.
Learn more about RBC’s Legacy Space
1882
First international branch opens in Hamilton, Bermuda.
1890
First French Canadian employee is hired as a teller at the Montreal West End branch.
1910
Union Bank of Canada (Royal Bank’s merger partner) opens a branch in the trading post village of Hazelton, BC. The branch is relocated to Hagwilget First Nation in 1997.
1917
First woman ledger keeper enters Royal Bank’s service in Barbados at Bridgetown's main branch.
1941
Royal Bank becomes first in Canada to offer banking services at airports. The Dorval branch serves pilots of the Ferry Command and the people on the ground.
1968
Georgette St. Cyr is the first woman to be appointed as a Royal Bank branch manager (Place Longueuil branch, Montreal, Quebec).
1976
Mitzi Dobrin is the first woman appointed to Royal Bank’s Board of Directors.
1979
We establish an equal employment opportunity program, the first of its kind for a Canadian bank.
1987
We conduct the first Employment Equity survey to assess representation of women, visible minorities, people with disabilities and Indigenous Peoples.
1990
RBC Royal Eagles, an Indigenous focused employee resource group, is established to enhance cultural awareness and support Indigenous employees.
1996
We establish the Diversity Business Council, with a mandate to help close the gender representation gap.
2001
We establish the RBC Enterprise Diversity Leadership Council (DLC), chaired by the CEO.
2006
We expand the number of employee resource groups, including PRIDE and REACH.
2009
We publish the first D&I Blueprint, which sets out our forward-looking vision and outlines our priorities and commitments.
2015
RBC Foundation becomes a signatory to the Truth and Reconciliation Commission’s Declaration of Action.
2018
We introduce the Speak up for Inclusion™ video series.
2023
We published the RBC Accessibility Plan
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