RBC has been named to the 2019 Bloomberg Gender-Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality. The 2019 GEI doubled in size from 2018 and includes firms from 10 sectors headquartered across 36 countries and regions.

At RBC, our commitment to diversity and inclusion has spanned many years, evolving from adhering to the basic tenets of compliance, to diversity and full inclusion for all. We strive to be a recognized leader in the enablement and advancement of women through inclusive business, talent and community practices.

Advancement of Women at RBC

  • RBC is a founding member of the Canadian chapter of the 30% Club, an organization with an aspiration of 30% women on boards by 2020.
  • RBC’s board has in place a diversity objective that at least 30% of directors should be women. Women currently comprise 38 per cent of the Board of Directors, including the Chair of the Board.
  • In our talent practices, we challenge unconscious bias in the staffing, hiring and talent review processes. Staffing goals for women executives and senior managers are 50%.
  • We also strive for 50 per cent representation of women in all Leadership Development programs. We believe that achieving gender equity is both the smart thing and the right thing to do and is key to our long-term success.
  • There are 14 employee resource groups at RBC focused on creating opportunities for women to leverage their skills, expertise and potential, supporting their personal and professional development, and fostering a mentoring environment at the bank.

Bloomberg’s standardized reporting framework offers public companies the opportunity to disclose information on how they promote gender equality across four separate areas – company statistics, policies, community engagement and products and services. Reporting companies that score above a globally-established threshold, based on the extent of disclosures and the achievement of best-in-class statistics and policies, are included in the GEI.

Learn more about the 2019 Bloomberg Gender- Equality IndexExternal Site Icon

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This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.

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