ActiveThis profile is actively maintained
Send feedback on this profile
Download as PDF
Created before Nov 2016
Last update: 2017-09-15 12:41:32
Share this page:
The Royal Bank of Canada (in French, Banque Royale du Canada, and commonly RBC in either language) 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. The bank was founded in 1864 in Halifax, Nova Scotia.
At the end of 2015, RBC controlled assets worth CAD1.074 trillion.
200 Bay Street
ON M5J 2J5 Toronto
David I. McKay |
Annual Report 2016|
2016 Corporate Citizenship Report
listed on NYSE Euronext, SIX Swiss Exchange & Toronto Stock Exchange
Related Dodgy Deals
Annova LNG Terminal United States
Enbridge Northern Gateway pipelines Canada
Great Barrier Reef Coal & Gas Exports Australia
Keystone XL pipeline United States
Mountain Valley Pipeline United States
Offshore Detention Centres Australia
Trans Mountain Pipeline Expansion project (TMEP) Canada
Coal India India
TransCanada Corporation Canada
Dodgy Deals map
Greenpeace Investor Briefing: Problematic Pipelines
TCFD: banks supporting better disclosure are not the ones exiting coal project finance
28 major banks warned not to finance Trans Mountain pipeline expansion
Indigenous leaders launch new campaign to defund all four proposed tar sands pipelines
Energy Transfer: Which banks continue to support the company behind DAPL?
Who's bankrolling TransCanada?
Cluster Bombs Are Banned Munitions, But Canadian Companies Are Investing In Them
New report finds banks betting on climate change
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
New rules for Equator Principles, but no new commitments from banks
BankTrack calls upon banks to Close the Gap on investment policies
Canada's First Nations peoples chastised Royal Bank of Canada (RY) for not doing enough to prevent
UK Taxpayers' money involved in financing controversial tar sands companies
Royal Bank of Canada wins award for “most environmentally irresponsible company” at Davos
Civil society groups call for bold steps forward with Equator Principles
Die-In at Royal Bank of Canada Includes 100 Protesters Who Oppose the Bank’s Involvement In the Tar Sands
Unlikely appeal to RBC first lady, Mrs. Janet Nixon, highlights bank’s involvement in tar sands
Rainforest Action Network study ranks financed emissions of Canadian banks
Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO
Banking with Principles? 2016 Update
Banking with Principles? 2016 Update
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.