We can’t stop climate chaos if banks like RBC keep funding fossil fuels

Canada’s biggest bank, RBC, talks about “purpose” and says climate change is a critical issue. But its funding practices tell a different story:

$262 Billion in fossil fuel funding since Paris

Making RBC the fifth biggest fossil bank on Earth

Financing Coastal GasLink, TMX, & Line 3

Projects that violate Indigenous rights

51% increase in tar sands financing in 2021

Lending $34.5B to the world's dirtiest energy project since 2016

It’s code red for humanity, but while our planet literally burns, banks like RBC are pouring more fuel on the fire.

Join the growing global movement to stop the funders of climate change.

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Latest news and updates

July 6, 2023

Minister of Finance must include climate-related conditions to the proposed acquisition of HSBC by RBC

We are writing in regards to the Department of Finance’s consultation regarding the proposed acquisition of HSBC Bank of Canada (HSBC) by RBC Royal Bank (RBC).

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Walking out of my home in Toronto to the smell of wildfires in the air in recent days has been jarring.

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June 28, 2023

RBC policy on coal “one of the worst of the global banks”

If RBC were taking its climate commitments seriously, you would at least think they would have a strong policy on coal – the world’s dirtiest, deadliest, and dumbest fossil fuel.

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