Skip Header Navigation

About RBC > Media Newsroom > News Releases > RBC awards $3.2 million in funding to protect water in more than 150 communities across the globe

RBC awards $3.2 million in funding to protect water in more than 150 communities across the globe

 

2015 RBC Blue Water Project Leadership and Community Action Grants Announced

2015 RBC Blue Water Project Leadership and Community Action Grants (opens PDF in new window)

TORONTO, June 4, 2015 -  Water – it’s one of the world’s most precious natural resources and fundamental to life on our planet. Our local water sources aren’t limitless, and they’re under continual and growing stress from population growth, climate change and pollution. Protecting this most precious resource is a growing concern around the world.

RBC today announced the recipients of the 2015 RBC Blue Water Project Leadership and Community Action Grants. RBC will donate more than $3.2 million for water protection programs delivered by 159 organizations across nine countries, including Canada, the United States, United Kingdom, Australia, Luxembourg, China, India, Mexico and Grand Bahama. The grants will fund programs that improve urban water quality, enhance storm water management and protect and restore urban waterways.

“At RBC, we know that water is essential to everything we do – from our most basic daily needs to ensuring our global economy can function successfully,” stated Dave McKay, president and CEO, RBC. “By supporting the efforts of our Leadership and Community Action Grant recipients, we are able to help raise awareness and fund water projects to help create a sustainable future, assisting our clients both in Canada and across the globe.”

Today’s announcement is part of RBC’s annual Blue Water Day, a time for RBC employees around the globe to come together to protect their local water sources through “Makeovers”: clean up, planting and awareness-raising initiatives. In 2014, over 20,000 employees completed 751 Makeovers worldwide and the company is on track to top that participation today.

“RBC has a longstanding commitment to environmental sustainability,” continued McKay. “We understand first and foremost that every little bit we do today can help a lot tomorrow. We’re proud that our employees around the world are willing to do their part in their communities through Blue Water Day Makeovers.”

About the RBC Blue Water Project
The RBC Blue Water Project is a historic, wide-ranging, 10-year global commitment to help protect the world’s most precious natural resource: fresh water. Since 2007, RBC has pledged nearly C$44 million to more than 740 charitable organizations worldwide that protect watersheds and promote access to clean drinking water, with an additional $8.8 million pledged to universities for water programs.

The RBC Blue Water Project is focused on supporting initiatives that help protect water in towns, cities, and urbanized areas. For further information, visit www.rbc.com/bluewater.

About RBC Community and Sustainability
Royal Bank of Canada (RY on TSX and NYSE) is Canada’s largest bank and one of the largest banks in the world, based on market capitalization. We employ approximately 78,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 39 other countries. For more information, please visit rbc.com. RBC is recognized among the world’s financial, social and environmental leaders and is listed on the 2015 Dow Jones Sustainability World Index, the DJSI North American Index, the Jantzi Social Index and the FTSE4Good Index. RBC is one of Canada’s Greenest Employers, and one of Canada’s 50 Most Socially Responsible Corporations. Learn more at www.rbc.com/community-sustainability.

RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2014, we contributed more than $111 million to causes worldwide, including donations and community investments of more than $76 million and $35 million in sponsorships.

- 30 -

For more information, or to speak with an RBC Blue Water Project spokesperson, please contact:
Jason Graham, RBC, Communications
Erin Voth, AMG Digital, 905-238-8058 ext. 6421