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 The RBC Corporate Environmental Affairs group, ultimately reporting to the Chief Operating Officer, has oversight responsibility for the implementation of the Environmental Blueprint. To implement the Blueprint, the Group will work with the bank’s business and functional units to undertake activities including, but not limited to, the following:
- further develop, maintain and communicate environmental policies, procedures, and guidelines;
- engage with internal and external stakeholders to advance and launch initiatives necessary to meet our objectives;
- monitor key activities and track performance, including cost-effectiveness of initiatives;
- assess the need for improvements; and
- report periodically to RBC’s Group Executive and to a Committee of the Board of Directors on our progress in implementing the Environmental Blueprint.
In addition, RBC’s business and operational units will provide input into environmental strategy and policy, share information on and assist with efforts to reduce our environmental footprint, address risks and promote and leverage business opportunities.
Reporting
RBC will continue to report publicly on our progress on environmental issues and activities through our website, our annual Corporate Responsibility Report and our Annual Report. We will enhance our environmental data management and collection system to improve the quantity, quality and geographic scope of environmental performance data that we report on.
We will continue to use guidance on appropriate environmental performance indicators from the Global Reporting Initiative and other sources. In addition, we will continue to respond to a variety of environmental sustainability rating organizations and indices, as appropriate, so that our shareholders, clients and employees have access to independent assessments of our progress.
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