RBC Financial Performance Update
ESG performance highlights: Putting our Purpose into practice
Royal Bank of Canada is a purpose-driven, principles-led organization
How we deliver value
•
Building & attracting talent
and driving a diverse &
inclusive culture
46% women executives (1) and
42% women (1) on RBC's Board
of Directors
21% of executives (1)(2) are
BIPOC
#4 globally in the Refinitiv
Diversity & Inclusion Index,
ranking over 9,000 listed
companies
Increasing our staffing goals for
BIPOC executives from 20% to
30% with a focus on increasing
Black and Indigenous
representation(3)
•
•
Sustainable finance and
responsible investment
$73.3 billion (4) in sustainable
finance in 2020, building towards
our target of $500 billion by 2025
Focused strategy to integrate ESG .
across all businesses in Capital
Markets led by a dedicated
Sustainable Finance Group
Total value of socially responsible
investments and impact assets
under management grew to $12.5
billion (4)
Published policy restrictions on
lending to sensitive sectors,
including coal and the Arctic
•
•
Climate change: accelerating clean
economic growth
Enterprise climate change strategy, RBC
Climate Blueprint, aims to support clients
in the net-zero transition
Joined pilot project on climate risk
scenarios stress testing led by the Bank
of Canada and OSFI
Joined PCAF (5) to advance the
measurement of our indirect emissions
Committed to net-zero emissions in
our lending by 2050 and carbon neutral
in our global operations since 2017
Over 125 organizations supported with
over $27 million in funding through RBC
Tech for Nature since 2019
•
Preparing youth for the
future of work
Through RBC Future Launch,
we are dedicating $500
million over 10 years to help
young people gain meaningful
employment through work
experience, skills
development and networking;
we have reached over 2.5
million (4) Canadian youth
through 500+ partner
programs since 2017
Committing to invest $50
million from 2020 to 2025 to
create meaningful and
transformative pathways to
prosperity for 25,000 BIPOC
youth(3)
RBC is recognized as an "Outperformer" or "Leader" by our top tier ESG rating agencies (6) and indices, including:
SUSTAINALYTICS
FTSE4Good
Banking industry ranking
in 98th percentile
ESG Risk Rating of
16.9 (low risk)
MSCI
"A" Rating
SAM
Now a Part of S&P Global
Overall score 78
90th percentile
CDP
'A-' score for our
2020 Climate
Change response
(1) Represents data as at October 30, 2020 for our businesses in Canada governed by the Employment Equity Act (Canada); Board composition is reflective as of February, 2021. (2) Based on employee self-identification and aligned to the definitions of the Employment
Equity Act in Canada. (3) RBC's Actions Against Systemic Racism (4) As of FY2020. (5) The Partnership for Carbon Accounting Financials (PCAF). (6) Includes Sustainalytics, FTSE4Good, MSCI, Vigeo EIRISand S&P Corporate Sustainability Assessment. As of FY2020.
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