Royal Bank of Canada 2020 SR
The report outlines Royal Bank of Canada's ESG performance for the 2020 fiscal year, highlighting its response to the COVID-19 pandemic and social injustice movements. Key achievements include reaching $73.3 billion in sustainable finance toward a new $500 billion target and committing to net-zero emissions in lending by 2050. The company also launched its first Human Rights Position Statement and an Action Plan Against Systemic Racism. Environmental efforts were marked by becoming the first Canadian financial institution to sign a long-term renewable energy power purchase agreement.
Company: Royal Bank of Canada
Sector: Financials
Country: Canada
Year: 2020
Type: SR
Pages: 83
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Royal Bank of Canada
ESG Performance Report
The report outlines Royal Bank of Canada's ESG performance for the 2020 fiscal year, highlighting its response to the COVID-19 pandemic and social injustice movements. Key achievements include reaching $73.3 billion in sustainable finance toward a new $500 billion target and committing to net-zero emissions in lending by 2050. The company also launched its first Human Rights Position Statement and an Action Plan Against Systemic Racism. Environmental efforts were marked by becoming the first Canadian financial institution to sign a long-term renewable energy power purchase agreement.
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Document Details
Report Year
2020
Reporting Period
Nov 1, 2019 - Oct 31, 2020
Fiscal Year
2020
Published
Mar 16, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees