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 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
RBC Capital Markets, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. However, the organisation is part of a corporate family that includes the Royal Bank of Canada, from which it inherits emissions data and climate commitments. As a current subsidiary, RBC Capital Markets aligns its climate initiatives with those of its parent company. The Royal Bank of Canada has made significant strides in sustainability, although specific reduction targets or achievements for RBC Capital Markets are not detailed. The absence of documented reduction targets suggests that the firm may be in the early stages of formalising its climate strategy. RBC Capital Markets is committed to broader industry standards and initiatives, including participation in the Carbon Disclosure Project (CDP), which is cascaded from the Royal Bank of Canada. This involvement indicates a commitment to transparency and accountability in climate-related disclosures. In summary, while specific emissions data and reduction targets for RBC Capital Markets are not available, the firm is positioned within a larger corporate framework that prioritises climate action and sustainability.
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 35,905,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 86,816,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
RBC Capital Markets's Scope 3 emissions, which decreased by 5% last year and increased by approximately 4% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 51% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
RBC Capital Markets has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.