Chosen as one of Canada's Greenest Employers for 2009:
By Richard Yerema, Mediacorp Canada Inc. staff editor (Apr 16, 2009)
Some of the reasons why Royal Bank of Canada was selected as one of Canada's Greenest Employers (2009):
recently unveiled a green strategy (called the RBC Environmental Blueprint) to address ways in which the bank and its employees can address environmental issues, such as climate change, biodiversity, forest and water resource management
established three priorities: reduce its own environmental footprint; promotion of environmentally responsible business activities; and the development of environmental products and services
developed an "EnergySmart" program in 2007 to reduce energy consumption -- installing energy efficient lighting as part of a number of lighting upgrade projects, purchasing clean renewable "green energy" to power over 70 branches as well as purchasing zero-emission offsets for 23 additional branches
has moved to Forest Stewardship Council (FSC) certified paper products where possible and introduced electronic-only statements for a number of banking products
is designing all its new retail banking and insurance locations to ensure that they are green-energy powered
has established the internationally focused "Blue Water Project" to support water stewardship projects in countries where the bank operates -- dedicating $50 million over the next decade on projects that are focused on watershed protection and access to freshwater
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