RBC releases 2013 Global Corporate Responsibility Review and Public Accountability Statement

Worldwide donations and sponsorships of $104 million support positive social and environmental change

TORONTO, March 28, 2014 /CNW/ - How much green office space does your company occupy? Does it equal the size of 31 soccer fields? It does at RBC and is just one of the facts you will find in our 2013 Global Corporate Responsibility Review released today. This publication, along with the annual Public Accountability Statement shows how RBC is fulfilling on key commitments to use our resources for social, environmental and economic good.

"In 2013, we contributed $104 million to causes worldwide through donations, sponsorships and community investments," says Jane Broderick, chief brand and communications officer, RBC. "The Corporate Responsibility Review shows where we are focusing our efforts and how our people and the work we do are having an impact around the globe."

Highlights from 2013 include:

Community:

  • Contributed $69 million to causes worldwide, through donations and community investments.
  • Supported community, arts, sports and other organizations with sponsorships of more than $35 million.

Environment:

  • Reduced greenhouse gas emissions by 16.7 per cent over 2012.
  • Occupied green office space the size of 31 soccer fields.
  • Saved more than 6,000 trees by using less office paper.

Economic impact:

  • Spent more than $6 billion on goods and services.
  • Provided $10.2 billion in employee compensation and benefits.
  • Paid $3.1 billion in taxes.
  • Managed $3.3 billion in socially responsible investments.

Print copies of the Global Corporate Responsibility Review will be available in all client-facing branches in Canada, the United States, the Channel Islands and the Caribbean. The Public Accountability Statement, a regulatory requirement for all banks in Canada, can be downloaded at rbc.com/community-sustainability/reporting-performance.html.

About RBC Community & Sustainability
Royal Bank of Canada (RY on TSX and NYSE) is Canada's largest bank and one of the largest banks in the world, based on market capitalization. We employ approximately 79,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 42 other countries. For more information, please visit rbc.com. RBC is recognized among the world's financial, social and environmental leaders and is listed on the 2014 Dow Jones Sustainability World Index, the DJSI North American Index, the Jantzi Social Index and the FTSE4Good Index. RBC is one of Canada's Greenest Employers, and one of Canada's 50 Most Socially Responsible Corporations.

RBC supports a broad range of community initiatives through donations, sponsorships, community investments and employee volunteer activities. In 2013, we contributed more than $104 million to causes worldwide, including donations and community investments of more than $69 million and $35 million in sponsorships. Learn more at rbc.com/community-sustainability.

SOURCE RBC

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For media enquiries, please contact:
Sophia Massari, Communications, RBC, 416-974-7503, sophia.massari@rbc.com