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Publicly traded companies report their financial results using commonly accepted
accounting principles. Increasingly, companies are also being asked to report
on their environmental, social and ethical performance. This type of "sustainability"
or "responsibility" reporting is still an emerging discipline with a
wide range of potential indicators and metrics, with no commonly accepted reporting
standards yet in place. As such, RBC Financial Group has not formally adopted
a single approach to reporting on our corporate responsibility. Rather, we pay
attention to a number of guidelines, frameworks and best practices, and report
our performance in a number of ways. - Our Sustainability
Report and Index to Sustainability Information (pdf, 1.5MB, 48 pages), provides
the most detailed reporting on RBC's responsibility performance. It is based on
frameworks such as the Public Accountability Statement regulations, as well as
our responses to a number of surveys administered by investment groups and non-governmental
agencies, such SAM for the Dow Jones Sustainability Index (see also RBC
and the DJSI) and SAM's Report
on RBC's performance (pdf)
- Our annual Corporate
Responsibility Report gives a high-level overview of RBC's approach to social
responsibility, covering sustainable business practices and community investments
such as donations and sponsorships. In 2003, this report contained our Public
Accountability Statement, as required under the Canadian Bank Act legislation
of the federal government;
- Our annual
report and proxy circulars provide information on a regular basis about issues
related to corporate governance, risk management, etc.
- Our
public websites contain information about our support for the wide range of activities
that comprise "corporate responsibility".
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