Aligning our Environmental, Social and Governance (ESG) priorities with our Purpose
We hold ourselves to the highest standards and know we must conduct our business responsibly to build trust. We define corporate citizenship as an approach to business in which we work to make a positive impact on society, the environment and the economy. Our priorities and associated activities detailed in our 2022 ESG Performance Report & Accountability Statement to investors helps RBC create and preserve long-term value and demonstrate our Purpose of helping clients thrive and communities prosper.
We identify and respond to existing and emerging global issues that present risks and opportunities for our business segments and our stakeholders. We have the skills and experience to make a meaningful and valuable difference when it comes to managing these issues.
The pace of global change continues to accelerate and our operating environment is becoming increasingly complex. To achieve sustainable growth we must address issues such as technological disruption, shifting demographics and societal expectations for corporate behaviour. When appropriate, our response to these issues may be to change the way we do business. Where these issues reside within our sphere of influence, and where they are most material to us, we will move beyond a reactive response and drive positive change.
Beyond considering global economic and social trends and their impact, we regularly analyze stakeholder feedback, industry trends and reports, and independent research. This helps us understand the issues that matter most to our stakeholders — including our clients, shareholders and investors, and employees.
