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green@RBC
An update from RBC Corporate Sustainability Group May 2013

New and Notable

Get On Your SoapBox!

In April, more than 3,400 employees participated in the enterprise-wide RBC Green Innovation Challenge. The aim of the three-week Challenge was to generate new ideas on how RBC can be a more environmentally responsible organization. RBC employees submitted and voted on ideas through an innovative web tool called SoapBox, developed by Hit Send Inc. The Challenge also leveraged a comment feature to stir up some debate among employees and help spark new ideas. To ensure the Challenge had meaning, management committed to completing a feasibility review on the 10 top ideas to determine if the ideas could be implemented. Top ideas were also awarded with $250 RBC Blue Water Project Visa Gift Cards. For more visit: RBC 2013 Earth Day Celebrations.

Get On Your SoapBox!

Waterloo Students Big Winners at Evolve Competition

RBC and B+H announced the winners of the 2013 Evolve Sustainable Design Competition. University of Waterloo students Renee Hum-Hsiao, Elaina Poleto, Keegan Steeper, Joanne Yau and Thomas Yuan received first prize for their design of an environmentally sustainable bank branch of the future. The winning team received $5,000 and an opportunity to meet with some of Canada's top architecture professionals at B+H. In addition, a second University of Waterloo team received an honourable mention and a $2,500 prize. The competition challenged architecture and engineering students to work together in interdisciplinary teams to design a net-zero energy and water-wise bank branch of the future that incorporates innovative yet practical concepts for achieving extreme energy efficiency, includes renewable power and minimizes the branch's water.

Waterloo Students Big Winners at Evolve Competition

Celebrating Partnerships on Earth Day

Nearly 600 employees attended the 2nd RBC Earth Day Fair in downtown Toronto on April 19. The Fair showcased many of RBC’s environmental programs and success stories and featured display booths from seven RBC departments and 15 external business partners. RBC would like to thank Bullfrog Power, Canpar, Cascades Recovery, CBRE, Civic Action, Dialog, GEEP, Haworth, IBM, Interface, Newell Rubbermaid, OMNI/Avmor, Oxford Properties, Staples and Teknion for making the event so successful! The event was a great opportunity for employees to come and meet RBC’s environmental ambassadors and green suppliers, ask questions and find out how they could contribute to our corporate culture of environmental sustainability. We also gave away a brand new bike to one lucky attendee! For more visit: RBC 2013 Earth Day Celebrations

Celebrating Partnerships on Earth Day


Targeting Carbon Neutrality at a PGA Golf Tournament

This year our aim was to host a carbon neutral RBC Heritage through the following initiatives:

  • GHG emissions associated with the use of diesel generators and event vehicles (i.e. shuttle buses and courtesy vehicles) were neutralized through the purchase and retirement of high quality carbon offsets from the RBC Capital Markets Carbon Emissions Trading Group.
  • Palmetto Electric Cooperative purchased approximately 150 megawatt hours of Green-e certified renewable power, enough to match the amount of electricity used during tournament week by the Harbour Town Clubhouse, hospitality areas, on-course scoreboards, sky boxes and broadcasting towers.

Numerous environmentally-progressive best practices were also employed at this year's tournament. To learn more visit: Keeping it Green

Targeting Carbon Neutrality at a PGA Golf Tournament

Since 2006, Harbour Town Golf Links has been certified as an Audubon Cooperative Sanctuary by Audubon International. Only five percent of U.S. golf courses have this environmental designation.


RBC Named to "Canada's Greenest Employers" List for Fifth Consecutive Year

RBC Named to Canada's Greenest Employers List for Fifth Consecutive Year

For the fifth consecutive year, RBC has been named one of Canada's Greenest Employers, according to a competition organized by the editors of Canada's Top 100 Employers project. This special designation recognizes employers that lead the nation in making environmental awareness and values part of their organizational culture. "We are honoured to be recognized again this year as one of Canada's Greenest Employers," said Sandra Odendahl, RBC's Director of Corporate Sustainability, RBC. "Our employees play a pivotal role in helping RBC meet our commitments to reducing our environmental footprint, managing environmental and social risk, providing our clients with environmental products and services, and promoting environmental sustainability in our communities."


Profiles in Green Financing

The Toronto-based Metropolitan Tea Company is a speciality tea manufacturer that brings luxury teas from tea estates and growers in over 35 countries to its customers worldwide. When a large hotel chain challenged its suppliers to reduce their carbon footprint, Metro Tea seized the opportunity to implement a number of sustainability initiatives, including installing a 500kW solar system on the 120,000 square foot roof of its factory. The solar system, made possible with RBC financing, is unique in that it is raised seven feet above the roof, allowing for easy roof maintenance and a shallower panel angle, which generates 10% more power than traditionally angled panels. Producing approximately five times more electricity than the factory requires, the system also reduces the need for air conditioning because it provides shade to the roof lowering inside temperatures on hot summer days.

Profiles in Green Financing




Upcoming Events

The 10th Annual Earth Day Canada Gala
June 12, Toronto
Connect with a crowd of hundreds from the environment, business and arts communities for an evening that celebrates environmental leadership and world-class food, comedy and entertainment. Hometown Heroes Award winners will be announced, a program that recognizes the accomplishments of individuals, groups or small businesses that look for local solutions to improve the state of the environment.
More event info >

RBC Blue Water Day
June 14, around the world
Friday June 14 marks our fourth annual "RBC Blue Water Day", when our 80,000 employees worldwide help raise awareness about water issues. This year, they will get involved in "community water makeovers": helping create smarter green spaces, cleaning streets, sidewalks and shorelines and building awareness about water issues facing our growing towns and cities. Drop by your local RBC branch on Blue Water Day or visit the RBC Blue Water Project Facebook page to learn more.

Canadian Responsible Investment Conference
June 17-19, Vancouver
This year’s theme, Engaging for Change, explores the role of stakeholders in building sustainable financial markets and opportunities for SRI professionals to achieve better outcomes for investors. RBC is hosting sponsor of the conference.
More event info >

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