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 + 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

November 19, 2022

40 RBC actions in support of Wet’suwet’en

In the wake of drilling under the sacred Wedzwin Kwa river, Gidimt’en Checkpoint Land Defenders asked settlers on a massive 800 person zoom call to organize actions at RBC Branches on Nov 5 to support the Wet’suwet’en hereditary chiefs and their fight against the Coastal GasLink pipeline.

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November 8, 2022

RBC new fossil fuel finance exceeds $9.2 billion since last year’s COP

Today our partner Stand released new data that shows RBC’s funding of fossil fuels has increased since it joined the UN climate finance network a year ago.

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November 1, 2022

Dave McKay gets award he deserves

This week dozens of youth from Banking on a Better Future and others organized a rally outside the Ritz Carlton Hotel, where RBC’s CEO, Dave McKay, was receiving the Ivey “Business Leader of the Year” award. 

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