RBC Capital Markets, a division of the Royal Bank of Canada, is a leading global investment bank headquartered in the United States. Established in 1869, the firm has evolved into a prominent player in the financial services industry, with significant operations across North America, Europe, and Asia-Pacific. Specialising in capital markets, investment banking, and asset management, RBC Capital Markets offers a comprehensive suite of services, including equity and debt underwriting, mergers and acquisitions advisory, and risk management solutions. Its commitment to innovation and client-centric strategies sets it apart in a competitive landscape. With a strong market position, RBC Capital Markets has garnered numerous accolades for its performance and expertise, solidifying its reputation as a trusted partner for corporations, institutional investors, and governments worldwide.
How does RBC Capital Markets'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.
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.
RBC Capital Markets's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, RBC Capital Markets reported a carbon footprint of approximately 49,800 kg CO2e per million USD invested, reflecting a significant reduction from 80,200 kg CO2e in 2022 and 83,600 kg CO2e in 2021. This downward trend indicates a commitment to reducing emissions associated with their investment activities. While specific Scope 1 and Scope 2 emissions data were not disclosed, the focus on emissions per million USD invested suggests an emphasis on managing their indirect emissions, likely falling under Scope 3. Despite the absence of formal reduction targets or climate pledges, RBC Capital Markets is actively working towards minimising its carbon impact through its investment strategies. The continuous improvement in their carbon footprint metrics demonstrates a proactive approach to climate commitments within the financial sector.
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 Capital Markets 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.