Supporting clean economic growth and earth week
MINNEAPOLIS (April 22, 2021) – RBC this week announced the 2021 roster of organizations receiving support from RBC Tech for Nature, including 13 in the U.S. Together, these U.S. organizations will be awarded $362,500 this year in environmental donations in celebration of Earth Week. Globally, just over 100 organizations will receive $7.86 million.
Launched in 2019, RBC Tech for Nature is a global, multi-year commitment bringing together charitable organizations, technology experts, and the public and private sectors – as well as RBC’s own unique capabilities – to build the coalitions needed to solve our shared environmental challenges. RBC Tech for Nature’s support is advancing sustainable, technology-driven programs in three key areas: data, building an innovation ecosystem, and creating communities of action.
Each year since its inception, environmental and community-focused organizations have been invited to submit open applications to join RBC’s ongoing commitment to advancing sustainability through technology-driven solutions. To date, more than 125 organizations globally have benefited from over $20 million in community investments, including $570,000 in the U.S. RBC Tech for Nature is a core pillar of RBC’s Climate Blueprint – an enterprise strategy to accelerating clean economic growth and supporting clients in a socially inclusive transition to net-zero.
U.S.-based organizations receiving funding from RBC Tech for Nature in 2021 include:
- The Trust for Public Land (TPL)
- Savannah Riverkeeper Inc.
- Chesapeake Legal Alliance
- Friends of the Mississippi River
- Milwaukee Riverkeeper
- The Nature Conservancy in MN, ND, SD
- Five Valleys Land Trust
- The Nature Conservancy of New York
- One Tree Planted
- The Wildlife Conservation Society
- GRID Alernatives
- The Cari Institute of Ecosystem Studies
- Raritan Headwaters Association
“We’re proud to be partnering with the innovators of today who are working hard to create a cleaner world for tomorrow,” said Michael Armstrong, CEO of RBC Wealth Management-U.S. “As RBC’s business in the U.S. continues to grow, so too does our commitment to the community and the environment.”
“At RBC, we strive to promote sustainability in the communities we touch, and Tech for Nature has been a key initiative for us in working towards this goal,” said John Thurlow, U.S. COO for RBC Capital Markets. “I can think of no better way to mark this year’s Earth Week than to support our partners as they advance sustainability.”
RBC’s U.S. operations include RBC Wealth Management, RBC Capital Markets and City National Bank. The three divisions employ a combined 14,000 people – up from 21 percent from five years ago.
About RBC Capital Markets
RBC Capital Markets is recognized by the most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance.
We are well-established in the largest, most mature capital markets with over 7,300 employees across North America, Europe, and the Asia-Pacific region in 70 offices and 15 countries, collectively encompassing more than 80% of global investment banking activity each year.
About RBC Wealth Management – U.S.
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Wealth Management is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has $463 billion in total client assets with more than 2,000 financial advisors operating in 178 locations in 42 states.