There has been a lot of activism on campuses across Canada this past year, as more and more students and even faculty realize that friendly-sounding RBC is actively investing on a future they don’t want to live in.
A new report out this week by climate concerned investor group slammed Canada’s banks for their failure to have credible plans to get to net zero emissions.
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.
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.
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.
October 26, 2022 – Indigenous-led and environmental groups slammed today’s RBC 2030 climate targets as a “sham” that fails to meet government or science-aligned targets.
This past September, the Montreal Canadiens and RBC announced a multi-year partnership agreement that will feature the RBC logo on the players’ jerseys during their home games at the Bell Centre, starting this season.
RBC is now under investigation for alleged misleading advertising related to the bank’s commitments on climate action while continuing to finance fossil fuel development, Canada’s Competition Bureau has confirmed.
Photo credit: Stella Racca, Instagram: @stella_by_starlight__
RBC CEO Dave McKay recently told the Toronto Star editorial board that RBC – the world’s 5th biggest funder of fossil fuels – was a climate leader.
After the Toronto Star ran a questionable editorial board interview featuring RBC CEO Dave McKay earlier this week, it was good to see a column that connected the dots between recent climate related disasters, record profits from oil and gas companies, and banks like RBC who continue to fund the endless expansion of fossil fuels that a climate safe world can no longer afford.