RBC Global Asset Management Inc. (RBC GAM), headquartered in Canada, is a prominent player in the investment management industry, offering a diverse range of financial solutions. Founded in 1983, RBC GAM has established itself as a trusted partner for institutional and individual investors across North America, Europe, and Asia. The firm specialises in various asset classes, including equities, fixed income, and alternative investments, distinguished by its commitment to responsible investing and innovative strategies. With a strong focus on client-centric solutions, RBC GAM has garnered recognition for its robust performance and comprehensive investment expertise. As a subsidiary of the Royal Bank of Canada, RBC GAM benefits from a solid financial foundation, positioning it as a leader in the global asset management landscape. Its dedication to delivering value and fostering long-term relationships has solidified its reputation as a reliable investment partner.
How does Rbc Global Asset Management'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 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 Global Asset Management's score of 36 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, RBC Global Asset Management reported total carbon emissions of approximately 119,802,000 kg CO2e. This figure includes 23,873,000 kg CO2e from Scope 1 emissions, 63,713,000 kg CO2e from Scope 2 emissions, and 32,216,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. The previous year, 2022, saw total emissions of about 105,836,000 kg CO2e, with Scope 1 emissions at 22,840,000 kg CO2e, Scope 2 emissions at 30,198,000 kg CO2e, and Scope 3 emissions at 17,419,000 kg CO2e. This indicates a rise in emissions from 2022 to 2023. In 2021, RBC's total emissions were reported at approximately 94,701,000 kg CO2e, with Scope 1 emissions of 21,089,000 kg CO2e, Scope 2 emissions of 45,728,000 kg CO2e, and Scope 3 emissions of 3,172,000 kg CO2e. The trend shows a significant increase in emissions over the years, particularly in Scope 2 and Scope 3 categories. RBC Global Asset Management has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they are actively monitoring and reporting their emissions across all three scopes, which is a critical step in addressing climate change and enhancing sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 38,086,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 97,291,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
Scope 3 | 45,629,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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 Global Asset Management 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.