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RBC in Your Community

 

RBC tops Report on Business "Corporate Social Responsibility" ranking

TORONTO, February 25, 2005 - RBC has been named top bank in Canada for "corporate social responsibility" in the second annual Report on Business ranking. RBC tied for first place in the banking category.

Jantzi Research, the Globe and Mail's Report on Business magazine and GlobeScan teamed up to conduct this second annual ranking of social and environmental performance of major companies in Canada. The findings covered 109 companies in 13 sectors.

Companies were scored and ranked based on indicators across six categories: community and society, corporate governance, customers, employees, environment, and human rights.

Over the years, RBC's leadership in corporate responsibility and corporate governance has been recognized by a number of global organizations and indices:

  • The company is listed on the Dow Jones Sustainability Index, the Jantzi Social Index and the FTSE4Good Index, recognizing financial, social and environmental leaders.

  • RBC was rated tops for both corporate governance and corporate responsibility in the annual KPMG/Ipsos Reid poll of "Canada's Most Respected Corporations," the latter for the tenth consecutive year.

  • Early in 2005, RBC was named to a list of the "Global 100 Most Sustainable Corporations in the World."

RBC produces an annual Corporate Responsibility Report, outlining its policies and performance relative to integrity in business practices, support for economic prosperity and the environment, and involvement in community causes. The 2004 edition of this report was just released. RBC also produces an online "Sustainability Report", based on the categories suggested by the Global Reporting Initiative (GRI). Both reports are available at www.rbc.com.

 

 

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