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The Environment

Responsible Procurement

 

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

 

Jump to
Vancouver 2010 Olympic Torch Relay Footprint
SOFT Footprint
Responsible Procurement
Seven Ways to Reduce Your Banking Footprint

Canada's Greenest Employers
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  2009 Blueprint Report Card
  2009 Corporate Responsibility Report
  CDP2009 Submission

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RBC Environmental Blueprint
Review our What We're Doing section to find out about our environmental priorities and commitments.
Download the PDF

02/26/2010 09:05:29