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Content tagged with: RBC

RBC exits $500B sustainable finance goal, cites anti-greenwashing law

Tyler Choi Finance RBC Toronto / GTA Apr. 30 2025

RBC (RY-T) is abandoning its commitment to facilitate $500 billion in sustainable finance by 2025 and its methodology for measuring progress toward the goal, according to its 2024 sustainability report.

RBC to switch nearly two-thirds of Canadian branches to heat pumps by 2035

Tyler Choi Real Estate RBC National Jul. 18 2024

Royal Bank of Canada (RBC) plans to retrofit the Canadian retail banking branches it controls with low-carbon heating and cooling systems, a move estimated to slash the greenhouse gas emissions per site by 70 per cent.

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