Take Action: Tell RBC to bank your money on a clean energy future for Canada.

Tell RBC to bank your money on a clean energy future for Canada.

Every dollar that RBC invests in fossil fuels is a dollar less invested in clean energy and efficiency that can help secure a safe future for people and the planet. Tell CEO Gordon Nixon to bank your money on a clean energy future for Canada.

Banks pay attention to the views of their account holders. Use the form at the right to send an email. Please also personalize the message including the branch where you have an account. Specific information verifying your relationship with the bank will dramatically increase its impact.

Subject:

Dear Mr. Nixon,

(Edit Letter Below)

As an account-holder with RBC, I am very concerned that RBC policies fall far short of adequately addressing the bank's contribution to global warming.

Banks play a critical role in financing and enabling the expansion of fossil fuel infrastructure that is the key driver of the climate crisis.  It is no longer enough to ask, "what are the financial risks to our bank of climate change?"  Financial institutions must also ask, "what are the risks to the climate of our bank financing?"  I encourage RBC to take prompt action to:

-Adopt a comprehensive climate policy that commits your bank to reduce financed emissions and address climate change implications and opportunities across all business lines; 
-Set meaningful carbon reduction targets for energy sector and other top greenhouse gas intensive sector lending and investment portfolios;
-Suspend financing for the expansion of coal and tar sands infrastructure;
-Lend public support to calls for:
--A Provincial government moratorium on new tar sands licenses, tenures and expansion;
--A moratorium on new coal fired power plants;
-Ensure that all financing addresses and respects Aboriginal title and treaty rights, including free, prior and informed consent;
-Substantially increase and prioritize lending for energy efficiency and clean renewable energy;
-Report annually and publicly on the carbon footprint of your bank financing.

I will monitor action by RBC on these points and make decisions about my accounts with the bank accordingly.

Thank you,

[Your name]
[Your address]

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CEO Gordon Nixon