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An update from RBC Corporate Sustainability Group March 2013

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Urban-Dwellers Ill-Prepared for Water Impacts

Urban-Dwellers Ill-Prepared for Water Impacts

While 90 per cent of Canadians believe that an extreme weather-related disaster is possible in their community, few are aware of the consequences if excess precipitation is not managed properly. In towns and cities across Canada, paved surfaces, overloaded storm water management infrastructure and extreme weather conditions dramatically increase the challenge of managing excess water caused by storms. The sixth annual 2013 RBC Canadian Water Attitudes Study, found that while two-thirds of Canadians say that we should be prepared for the possibility of a major disaster that affects storm water management systems, only one-in-five believe that major actions are required now. Additionally, an overwhelming number of Canadians (80 per cent) are not willing to pay for necessary storm water management system upgrades.




RBC Green-Certified Office Space Could Cover Nearly 50 Soccer Fields

You can find other interesting facts and stats at RBC in our recently released 2012 Corporate Responsibility Review and Public Accountability Statement. This 139-page report is exclusively available in electronic format with a short summary of the report, the Corporate Responsibility Review, available as a PDF document. Some of our environmental and sustainability highlights from 2012 include:

RBC Green-Certified Office Space Could Cover Nearly 50 Soccer Fields
  • Powered our entire Canadian ATM and digital display networks with over 13,900 MWh of renewable energy, enough electricity to power more than 1150 Canadian homes for a year.
  • Performed detailed environmental credit risk assessments on over 1,200 transactions in Canada and the U.S., a 10 per cent increase over 2011.
  • Managed over $3 billion in socially responsible investments.
  • Launched our social finance initiative, which will provide financing for environmental entrepreneurs, among others.
  • Donated $7.4 million to environmental charities worldwide.



Will Canada Deliver Water Solutions to the World?

A new paper from the Blue Economy Initiative (BEI) advances the national conversation around Canada’s opportunities to become a global leader in water sustainability and innovation. The report, entitled Canada as the Water Solutions Country: Defining the Opportunity, provides details of Canada’s current water strengths, capabilities, assets, key players, and gaps that need to be filled to engender innovation. It also identifies nine potential next steps and key questions that warrant further discussion around becoming a Water Solutions Country. The BEI is a national project founded by the Canadian Water Network, the Royal Bank of Canada, and the Walter and Duncan Gordon Foundation.


Will Canada Deliver Water Solutions to the World?



Do You Know a Hometown Hero?

Do You Know a Hometown Hero?

Every year, Earth Day Canada (EDC) recognizes Canada's environmental leaders through the Hometown Heroes Award Program. The Hometown Heroes Award Program is your chance to help Canada recognize and celebrate environmental leaders, whether an individual, group or small business, who foster meaningful, long-term community awareness and action. For the fourth consecutive year, RBC is proud to sponsor the Group Hometown Heroes Award, which will be presented at the annual EDC gala in Toronto on June 12, 2013. The winning group will also receive a $10,000 cash-prize to support their environmental work.

Do you know a Hometown Hero? Nominations are due April 1st, 2013




RBC Named as One of the Most Sustainable Corporations in the World

RBC Named as One of the Most Sustainable Corporations in the World

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 objective of the Global 100 list is to recognize successful global corporations that have been world leaders in environmental, social and governance issues. To learn more about RBC's corporate responsibility programs visit: RBC Community and Sustainability.




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