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RBC named one of world's top 100 sustainable companies

TORONTO, January 29, 2008 — RBC has been named one of the world's top 100 sustainable companies, according to the fourth annual "Global 100" ranking unveiled at the World Economic Forum in Davos, Switzerland last week. This is the fourth consecutive year that RBC has been named to the Global 100 list.

The Global 100 list, which can be found online, is based on research and analysis by Innovest Strategic Value Advisors and Corporate Knights. It identifies companies that have the best-developed abilities, relative to their industry peers, to manage environmental, social and governance risks and opportunities. The companies were selected from the Innovest universe of 1,800 publicly-traded companies and were rated on such criteria as strategic governance, environmental initiatives, and human capital/labour relations practices.

RBC was named the top large company in the world at effectively managing environmental risks and opportunities by Newsweek magazine (online) in 2007. The company is listed on the 2007-2008 Dow Jones Sustainability Index, recognizing the world's financial, social and environmental corporate leaders, as well as the Jantzi Social Index and the FTSE4Good Index. RBC was among 68 companies and one of only 15 financial institutions worldwide named to the Climate Disclosure Leadership Index 2007, a prestigious honour roll of world leaders at understanding and managing the financial risks and opportunities resulting from climate change.

RBC considers corporate responsibility to include ethical business practices, having a positive economic impact, operating with integrity in the marketplace, providing a supportive workplace, being environmentally sustainable and contributing to communities.

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Media contact:
Beja Rodeck, (416) 974-5506


 



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01/29/2008 13:15:37