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 capitalisation. 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
|
| CEO/chair |
David I. McKay CEO |
| Supervisor | |
| Annual reports |
CSR report 2021 Annual report 2021 |
| Ownership |
listed on NYSE, SIX Swiss Exchange & Toronto Stock Exchange
Royal Bank of Canada's shareholder structure can be accessed here. |
| Complaints and grievances |
Royal Bank of Cananda's Business Activities & Human Rights communication channel allows individuals and communities adversly affected by the bank's finance to raise a complaint. Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance). |
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
This page evaluates Royal Bank of Canada (RBC)'s responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
The bank did not respond.
Following the bank's response: The bank publicly responded confirming that it is not involved in the financing of the project. It did not comment on or respond to the substance of the issues raised, therefore it received a half score.
No information available on whether the bank engaged with its client or took appropriate action.
Following the bank's response: The bank confirmed that it is not involved in the project, which constitutes appropriate action according to rights-holders involved in raising the issue with the bank.