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  An update from the RBC Corporate Sustainability Group

September 2012   

New and Notable

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Calling All Students

Calling All Students

We're excited to announce the launch of Evolve, a sustainable design competition for architecture and engineering students in Canada. Evolve challenges students to work together in multi-disciplinary teams to design a net-zero energy and water-wise bank branch. Entrants will have an opportunity to be recognized by Canada's top architects and industry professionals, in addition to being awarded $5,000 for the winning submission and $2,500 for an honourable mention. Be sure to register by October 5 by visiting: Evolve Sustainable Design Competition.

The Gold Standard - Inside and Out

Not only is the RBC Centre certified as LEED® Gold for New Construction, we are also proud to announce that the interior construction of our space has attained LEED® Gold certification, making it the largest LEED® Commercial Interiors (CI) project in Canada. In order to obtain Gold certification, RBC's interior space met the LEED® CI criteria by offering the following features:

  • Installation and use of Energy Star® appliances only;
  • Comprehensive recycling and organics collection program;
  • Diversion of over 75% of interior construction waste from landfill;
  • Over 20% of the materials used to construct the interior space were made of recycled content;
  • Selecting low-toxicity and low-emitting paints, carpet and sealants; and
  • Ensuring all cleaning of the space is done using green products.

For more details visit: RBC Centre and LEED CI.

Gold Standard 1

California Dreaming

California Dreaming

The RBC Capital Markets Emissions Trading Group is going to California! The California Carbon Cap-and-Trade Program is finally due to launch after years of legislative process. California has an ambitious goal to return to 1990 carbon emission levels by 2020. The first phase of compliance for California emitters will begin this January and initially covers power generation and heavy industry with emissions from transportation and commercial fuels being phased in by 2015. The program also allows for the use of offsets (up to 8%) for compliance. RBC's goal as a market participant is to provide hedging solutions for our customers. We are already active in this space, trading California Carbon Allowances (CCAs) on a forward basis and we will also participate in the upcoming allowance auction scheduled for November 14th.

Ten Ways to Prevent Water Damage

Ten Ways to Prevent Water Damage

It is no secret that many regions across North America are experiencing more violent and frequent storms, one of the many emerging realities of climate change. The Insurance Bureau of Canada reports that water damage is now the leading cause of property damage in Canada, costing insurers approximately $1.7 billion per year. To help protect homeowners from expensive repairs, RBC Insurance has identified some key areas where water damage can occur in the home and advice that can help you reduce the chances of running into problems. Check out our Ten Ways to Prevent Water Damage to Your Home advice webpage and our Water Damage Checklist.

Well Deserved!

Canada Clean 50

RBC would like to congratulate our very own Sandra Odendahl, Director Corporate Sustainability, for being named to Canada's Clean50 and recognized as one of our nation's most outstanding leaders in sustainable development. "Being named to Canada's Clean50 is a tremendous honour and I would like to share this award with my dedicated team and all of our employees who continue to challenge RBC to move in exciting new directions and help drive our success and leadership in environmental sustainability." For a complete list of honourees please visit: 2013 Clean50.

Lucky Number 13

Dow Jones Sustainability World Index

For the 13th consecutive year, RBC has been named to the Dow Jones Sustainability World Index, an annual review that recognizes the world's financial, social and environmental corporate leaders. RBC was also named to the DJSI North America Index. These indices list leading companies that create long-term shareholder value by embracing opportunities and managing risks stemming from economic, environmental and social developments. They track the financial performance of leading sustainability-driven companies. The annual review influences the investment decisions of asset managers who use the DJSI family as objective benchmarks for sustainability portfolios.

RBC Wealth Management Staff Help to Restore Wetland


RBC Wealth Management staff assisted in the restoration of an ecologically important wetland and bird habitat on the Channel Island of Guernsey. The Guernsey Conservation Volunteers (GCV) were helped by RBC staff in tackling an area that had become overrun with vegetation not native to reed beds such as brambles and pampas grass. The land had also been used as a general dumping ground for household waste. Angela Salmon, Group Coordinator for the GCV said, "this is a very important habitat for breeding birds so to get all the help we can to turn it into a thriving reed bed as quickly as possible is marvelous." Francis Binney, Environment Officer for RBC Wealth Management said, "Wetlands are not only important for the birds, beasties and bugs that live in them - they also form a key part of the Island's natural water management, acting like a sponge for both excess rainfall and as a filter for pollutants and fertilizers in the waters."

Upcoming Events

SOCAP12 Social Finance Conference
October 1-4, San Francisco
Join the world's pioneering impact investors, social entrepreneurs, philanthropists, civic leaders, and innovators at SOCAP12.
More event info >


WWF Panda Ball
October 26, Toronto
For the second year, RBC is the Presenting Sponsor of the Panda Ball in Canada, a gala event that will bring together visionaries from the philanthropic and business communities who are leading the next generation of conservation for a living planet.
More event info >


2012 Social Finance Forum: Measuring up
November 8-9, MaRS Discovery District, Toronto
Gordon Nixon, RBC CEO, will be giving a keynote address at the annual Social Finance Forum. This event drives the development of the impact investment marketplace in Canada by convening players from across sectors to collectively address key concepts and issues that are central to the field.
More event info >


Greenbuild 2012
November 14-16, San Francisco
Greenbuild is the world's largest conference and expo dedicated to green building. Greenbuild brings together industry leaders, experts and frontline professionals dedicated to sustainable building in their everyday work, and a unique energy is sparked.
More event info >


Pollution Probe 2012 Gala
November 20, Ritz-Carlton Hotel, Toronto
RBC is a proud Gold Sponsor of this annual Gala which brings together approximately 400 to 500 leaders and enablers for an evening of networking and celebration. This year's theme is Learning.
More event info >


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