Royal Bank of Canada 2023 SR
The report outlines Royal Bank of Canada's progress across its three strategic ESG ambitions: accelerating the transition to a greener economy, equipping people with skills for a thriving future, and driving more equitable prosperity. Key highlights include facilitating $103 billion in sustainable finance in 2023, reaching a cumulative $393.9 billion toward its $500 billion goal. The company achieved its goal of sourcing 100% of its global electricity from renewable and non-emitting sources. Additionally, RBC invested $172.7 million in community donations and reached nearly 7 million youth through its Future Launch program. The report also details the bank's updated climate strategy, including new goals for tripling renewable energy lending by 2030.
Company: Royal Bank of Canada
Sector: Financials
Country: Canada
Year: 2023
Type: SR
Pages: 139
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Royal Bank of Canada
ESG Progress Report
The report outlines Royal Bank of Canada's progress across its three strategic ESG ambitions: accelerating the transition to a greener economy, equipping people with skills for a thriving future, and driving more equitable prosperity. Key highlights include facilitating $103 billion in sustainable finance in 2023, reaching a cumulative $393.9 billion toward its $500 billion goal. The company achieved its goal of sourcing 100% of its global electricity from renewable and non-emitting sources. Additionally, RBC invested $172.7 million in community donations and reached nearly 7 million youth through its Future Launch program. The report also details the bank's updated climate strategy, including new goals for tripling renewable energy lending by 2030.
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Document Details
Report Year
2023
Reporting Period
Nov 1, 2022 - Oct 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
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