The
RBC Responsible Procurement Policy was approved in 2009 and
is under implementation in 2010. The policy will increase
the acquisition of environmentally and socially preferable
products and services. The policy addresses three components
of the procurement due diligence process.
1. RBC will evaluate the level of regard suppliers have
for the environment and society by considering the extent
to which they demonstrate that their business activities are
environmentally responsible, that working conditions at their
facilities are safe, that workers are treated with respect
and dignity, and that business decisions and operations are
conducted in an honest and ethical manner.
2. RBC will review the environmental benefits and lifecycle
impacts of a product being offered, including evidence of
third party certification(s) and an evaluation of a product’s
environmental impacts associated with the extraction of raw
materials, manufacturing process, packaging, transportation,
production longevity and end-of-life disposal.
3. RBC will review the environmental benefits of a particular
service being offered, including evidence of third-party certification(s),
environmentally responsible transportation, and other environmentally
responsible programs and initiatives.
Examples of products and services that apply to the Responsible
Procurement Policy include:
- Paper
- Office furniture
- Carpet
- Computing needs
- Electronic equipment
- Lighting
- Office supplies
- Courier services
- Travel providers
- Hotel accommodations
