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

May 25, 2023

Critical Issue Overlooked in Consultation on Proposed Acquisition of HSBC by RBC

The following letter was sent to the Competition Bureau.

We are writing in regards to the Request For Information (RFI) the Competition Bureau opened on May 1, 2023 about the proposed acquisition of HSBC Bank of Canada by RBC.

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May 11, 2023

RBC CEO named one of 7 top “Climate Villains”

In a new campaign launched today, national environmental organization Environmental Defence included RBC’s CEO Dave McKay on their list of the top people most responsible for blocking progress on solving the climate crisis.

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May 11, 2023

Chatelaine disses RBC over climate, Indigenous rights harms

Chatelaine calls itself as “Canada’s largest women’s brand” and its lifestyle magazine has been a stalwart of the Canadian media industry since the 1920’s.

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