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RBC is committed to a path of environmental sustainability
in order to protect our natural environment and our economy
for future generations. We believe that this commitment has
enhanced our capacity to conduct business and the RBC
Environmental Blueprint will allow us to continue delivering
short- and long-term benefits for our shareholders, clients,
employees and the communities in which we live and conduct
business.
Priorities
Our priority areas focus on activities and issues including
climate change, biodiversity and water that enable RBC to
balance the principles of environmental sustainability with
financial performance.
Our priority activities are:
2008 Highlights
- RBC announces first Blue Water Project Grant pool of $1.5
million. More.
- RBC commemorates World Water Day with new RBC Letter:
“The Blue Planet”. More.
- Canadians over-confident in country's supply of fresh
water new poll by Unilever and RBC reveals. More.
- The Blue Planet. More.
- RBC pledges $500,000 to complete Tides Canada Foundation’s
Great Bear Rainforest campaign. More.
- RBC announces Blue Water Project advisory panel.
More.
- RBC named one of world’s top 100 sustainable companies.
More.
2007 Performance Highlights
- Launched the RBC
Environmental Blueprint.
- Decreased greenhouse gas (GHG) emissions intensity from
our energy consumption by nearly 8 per cent since our 2005
baseline.
- Doubled the number of RBC branches powered by certified
"green," emission-free power avoiding nearly 1,680
tonnes of
GHG emissions and air pollution.
- Applied the Equator Principles to six large projects
and
reviewed nearly 650 transactions where environmental issues
were identified as material.
- Provided project finance and advisory services to alternative
energy projects that are expected to provide approximately
1.1 gigawatts (GW) of GHG emission-free energy.
- Introduced product options and incentives for retail
clients.
- Canadians embrace option with reduced environmental impact.
More.
- RBC announces $10 million commitment to ONE DROP Foundation.
More.
- RBC launches $50 million Blue Water Project and unveils
global Environmental Blueprint. More.
- RBC named to Climate Disclosure Leadership Index 2007.
More.
- New RBC retail banking and insurance locations to be green
powered. More.
- RBC introduces choices for environmentally-minded Canadian
banking clients. More.
- RBC named to 2008 Dow Jones Sustainability Index. More.
- RBC increases support for clean, renewable power. More.
- RBC Capital Markets releases "Investing in Solar
Now" report. More.
RBC tops “Global 100 Greenest Companies” list.
More.
- RBC expands support of clean, green power. More.
- RBC named one of world's Top 100 sustainable companies.
More.
Issues
- While all companies must take responsibility for the
environmental impact of their direct operations and purchasing
activities, financial institutions are also expected to
assess the environmental impact of the activities of the
clients to whom we provide credit. RBC integrates environmental
aspects into lending and investment decision-making criteria.
Learn
more.
- Financial services companies are increasingly expected
to provide financial services that allow clients to reduce
their impact on the environment and adapt to unavoidable
environmental impacts, such as climate change and water
scarcity. Learn
more
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