RBC Royal Bank (Cayman) Limited, a prominent subsidiary of the Royal Bank of Canada, is headquartered in the Cayman Islands (KY). Established in 1901, the bank has evolved to become a key player in the financial services industry, primarily serving the Caribbean region. RBC Royal Bank (Cayman) Limited offers a diverse range of core products and services, including personal and commercial banking, wealth management, and investment solutions. Its commitment to client-centric service and innovative financial solutions distinguishes it in a competitive market. With a strong reputation for reliability and excellence, RBC Royal Bank (Cayman) Limited has achieved notable milestones, reinforcing its position as a trusted financial partner in the region. The bank continues to play a vital role in supporting the economic growth of the Cayman Islands and surrounding areas.
How does Rbc Royal Bank (cayman) Limited'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 Royal Bank (cayman) Limited's score of 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
RBC Royal Bank (Cayman) Limited currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of the Royal Bank of Canada, which may influence its climate commitments and initiatives. While there are no documented reduction targets or climate pledges specific to RBC Royal Bank (Cayman) Limited, it is important to note that emissions data and performance metrics may be cascaded from its parent organization, Royal Bank of Canada. This relationship suggests that the bank may align its climate strategies with those of its parent, which is actively engaged in sustainability initiatives. As a subsidiary, RBC Royal Bank (Cayman) Limited may benefit from the broader climate commitments and reduction targets set by the Royal Bank of Canada, although specific details on these initiatives are not provided in the available data. The bank's approach to climate action will likely reflect the overarching goals of its parent company, focusing on reducing carbon footprints and enhancing sustainability practices within the financial sector.
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 Royal Bank (cayman) Limited'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 Royal Bank (cayman) Limited 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.