We do more than open student bank accounts. To prepare young people for the future, we are helping them gain the right skills to build a foundation of financial, emotional and physical wellness.
In Canada, we’re committed to empowering youth for the jobs of tomorrow through RBC Future LaunchTM. Over the next 10 years, we are dedicating $500 million to help young people gain meaningful employment through work experience, skills development and networking. Beyond the dollars, we are working with young people, youth-focused partners, educational institutions and allies in the private, public and social sectors to co-create and provide access to long-term solutions. And we will continue to lead conversations on youth employment, the skills economy, and the future world of work through proprietary research like our Humans Wanted report.
We’re working across our businesses and communities to make a real difference, encourage learning and shape new opportunities for young people. Here are just a few examples of how:
Climate change is the most pressing issue of our age. To safeguard our future prosperity, we need to accelerate clean growth and support the transition to a low carbon and climate resilient economy. We’re leading the way by providing our stakeholders with a better understanding of how we assess climate-related risks and opportunities. We were the first Canadian financial institution to issue a dedicated climate-related disclosure statement that considered the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
Our role as a leading financial advisor, underwriter and thought leader in the green bond market is just one example of our commitment. In 2018, RBC was the 13th largest underwriter of green bonds globally, with a total underwriting amount of US$2.6 billion from 19 deals. We also hosted our fifth annual Green Bond Conference in Toronto and published our latest research report on the global green bond market.
We remain focused on having the right policies in place, understanding risk and developing and implementing strategic responses to give our clients and communities a sustainable advantage.
For more information, check out our Environmental Social and Governance (ESG) Investors Report.
Debuted a new RBC ETF focused on advancing gender diversity in Canada. We are also a signatory of the 30% Club, a global organization focused on increasing the proportion of women on boards. We currently have 38% representation of women on our board of directors.
Celebrated the RBC Blue Water Project®, a 10-year global commitment of $50 million that brought two million people together to help provide access to drinkable, swimmable, fishable water for future generations.