Rbc

RBC, a Canadian financial intermediation services company, reported total Scope 1, 2, and 3 emissions of approximately 144.24 million kg CO2e in 2014, with Scope 2 emissions including purchased electricity of -3.113 million kg CO2e and Scope 3 emissions from employee commute of 27.97 million kg CO2e. In 2013, its Scope 1 and 2 emissions were about 126.53 million kg CO2e. For 2012, its Scope 1 and 2 emissions were approximately 159.49 million kg CO2e.

Looking forward, RBC has set several climate commitments:

• Near-term targets: By 2025, RBC aims to reduce its global Scope 1 and Scope 2 operational emissions by 70% from a 2018 baseline and increase its sourcing of electricity from renewable and non-emitting sources to 100%. By 2030, RBC intends to reduce its Scope 1 emissions by 35% from a 2019 baseline and its Scope 2 emissions by 54% from a 2019 baseline. It also targets a physical emissions intensity of 5.0 g CO2e/MJ by 2030, based on a 2019 baseline for Scope 1 emissions.
• Long-term targets: RBC is committed to achieving net-zero emissions in its lending by 2050.
• Past Achievements: RBC successfully reduced GHG emissions from its Canadian logistics and delivery network by 50% by 2016 from a 2012 baseline, exceeding its 20% reduction target for 2018. It also achieved a 28.4% reduction in GHG emission intensity in its properties by 2018 from a 2012 baseline, surpassing its 20% target.