BankTrack is the international tracking, campaigning and civil society support organisation focused on commercial banks and their finance.
We aim to stop banks from financing harmful business activities and promote a banking sector that contributes to just societies and a healthy planet.
Royal Bank Building in Toronto, Canada. Photo: Siqbal via Wikimedia Commons (CC BY-SA 3.0)The Royal Bank of Canada (in French, Banque Royale du Canada, and commonly RBC in either language) was founded in 1864 in Halifax, Nova Scotia and is the largest financial institution in Canada by measured deposits, revenues, and market capitalization. The bank serves sixteen million clients and has more than 81,000 employees worldwide. The bank offers retail banking, corporate banking and investment banking services.
| Website | http://www.rbc.com |
| Headquarters |
200 Bay Street
ON M5J 2J5 Toronto
Canada
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| CEO/chair |
David I. McKay CEO |
| Supervisor | |
| Annual reports |
Annual report 2018 CSR report 2018 |
| Ownership |
listed on NYSE Euronext, SIX Swiss Exchange & Toronto Stock Exchange
Royal Bank of Canada's share holder structure can be accessed here. |
Royal Bank of Canada's web page on corporate social responsibility can be accessed here.
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Royal Bank of Canada (RBC) adopted the Equator Principles in 2003.
Royal Bank of Canada (RBC) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
Royal Bank of Canada (RBC) is involved in financing the following Equator Principles projects that BankTrack considers controversial.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed Royal Bank of Canada (RBC) on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Royal Bank of Canada (RBC) is assessed as a Laggard, with a total score of 0.5/12.
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Royal Bank of Canada (RBC) is reporting on the implementation here.
