RBC
Royal Bank of Canada (RBC), one of the largest financial institutions in Canada, is headquartered in Toronto, Ontario. Founded in 1864, RBC has grown to become a leading player in the banking industry, offering a diverse range of services across personal and commercial banking, wealth management, insurance, and capital markets. With a strong presence in North America and select international markets, RBC is renowned for its innovative financial solutions and commitment to customer service. The bank's core products, including personal banking accounts, investment services, and business financing, are designed to meet the evolving needs of its clients. RBC's notable achievements include consistently ranking among the top banks globally, reflecting its robust market position and dedication to excellence in the financial sector.
DitchCarbon Score
How does RBC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
RBC's score of 3 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
RBC's reported carbon emissions
RBC, headquartered in Canada, currently does not provide specific carbon emissions data for the most recent year, as no figures are available. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that RBC may still be in the process of establishing or publicly disclosing its climate commitments and emissions reduction strategies. As the financial sector increasingly prioritises sustainability, RBC's future initiatives may align with industry standards for climate action, including potential commitments to the Science Based Targets initiative (SBTi) or other frameworks aimed at reducing carbon footprints across Scope 1, 2, and 3 emissions.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
RBC is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
