The Seventh Generation Principle is based on an ancient Iroquois philosophy that the decisions we make today should result in a sustainable world seven generations into the future. Although this is generally referred to in regard to decisions made about resources, energy, water and land, it can also be applied to our relationships with one another.
We view investing and economics as more than just a healthy bank account. Our belief is that every decision we make together will leave the world better than how we found it.
Prosperity comes in many forms, including good health, sound mind and peaceful spirits.
As we partner with you, we can explore together the broader concepts of what being wealthy means to you.
RBC is a leader in sustainability, and our approach to sustainability is central to our business and to our stated purpose: to help clients thrive and communities prosper.
We demonstrate our commitment to sustainability in several ways. For one, RBC is listed as a holding in several responsible investing indexes, including Pax Ellevate Management’s Impax Global Women’s Leadership Index and the FTSE4Good Index. Additionally, RBC received the 2021 Catalyst Award for initiatives that have accelerated progress for women and elevated inclusion within our organization.
We believe that capital can be a force for positive change, our new business target – $500 billion in sustainable finance by 2025 – is complemented by our commitment to net-zero emissions in our lending by 2050, which aligns with the global goals of the Paris Agreement.
Supporting an Indigenous worldview
At RBC, we believe that an Indigenous-led approach to the climate transition, and economic opportunities toward Net Zero, will be essential to economic reconciliation.
Our recent Listening Circle was both a necessary and meaningful event that supports true real economic reconciliation and advances climate objectives.
The conversations that took place within the Listening Circle were thoughtful, impassioned and provided tangible examples of how we can explore making a difference in lives of our clients, employees and communities.
To show our gratitude for the organizations that attended the Listening Circle, RBC is extending a $1,000 contribution per organization towards a charity of choice; one that is making a difference in the effort toward achieving our collective climate and/or reconciliation objectives.