Royal Bank of Canada and Fossil Fuels

Canada’s five biggest banks are among the top funders of fossil fuels in the world. Royal Bank of Canada (RBC) is the country’s biggest fossil finance giant and the world’s fifth worst offender.

Since the Paris Agreement was signed in 2016, RBC has poured over $263 billion dollars into climate-destroying fossil fuel companies -- enabling coal, oil, and gas corporations most responsible for the climate crisis.

Together, we can make RBC realize that continuing to finance fossil fuels is environmentally, financially, and reputationally dangerous. Instead of bankrolling tar sands, extreme extraction projects, and violating Indigenous rights, RBC can be a climate leader and financing a safe and livable future.

When we asked our community if they thought we should take on Canada’s Big Banks, 96% answered with a resounding YES. To spark change across the whole financial sector, we are tackling Canada’s biggest fossil fuel financier - RBC.

For years, RBC has been hiding behind empty promises and vague net-zero commitments, greenwashing its brand while investing in coal, oil, gas expansion projects like the Indigenous rights violating Coastal GasLink pipeline. If enough of us speak out, we can force RBC to clean up its act. And if we can get RBC to shift, other banks will follow.


RBC is Canada's #1 worst fossil bank and #5 in the world
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Join the growing campaign to hold RBC accountable for its ongoing financing of fossil fuels.


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