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Created before Nov 2016
Last update: 2017-09-15 12:41:32
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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 78,000 employees worldwide. At the end of 2016, RBC controlled assets worth CAD 1.180 trillion.
200 Bay Street
ON M5J 2J5 Toronto
David I. McKay |
Annual Report 2016|
Corporate Citizenship Report 2016
listed on NYSE Euronext, SIX Swiss Exchange & Toronto Stock Exchange
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Voluntary initiativesRoyal Bank of Canada (RBC) has committed itself to the following voluntary standards:
Royal Bank of Canada (RBC) and the Equator Principles
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.
Reporting on the Equator Principles
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.
True leader Front runner Follower Laggard
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.
Implementation and reporting
Royal Bank of Canada (RBC) is reporting on the implementation here.