Tell RBC CEO Dave McKay to divest from fossil fuels

5,445 actions

goal: 8,000

RBC is the biggest bankroller of fossil fuels in Canada, and the 5th largest in the world.¹

Despite RBC’s best efforts to greenwash its brand and reputation, more and more people are calling out their hypocrisy – like how RBC publicly supports the Paris Agreement while privately pouring over $262 billion into fossil fuels since that agreement was signed.^2,3 We need to make sure our message goes all the way to the top – to Dave McKay, CEO of RBC.

As CEO, Dave McKay could use his power to make RBC a real climate leader. Instead, he’s doubled down on putting short-term profits ahead of our collective future.⁴ With RBC’s AGM just around the corner, if thousands of us email him right now, we can make sure he gets the message: RBC needs to walk the talk of climate action and stop financing fossil fuel expansion.

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Subject

To RBC CEO Dave McKay,

As Canada’s biggest bank, RBC has a responsibility to step up as a leader on climate. So I’m writing to you today to urge you as RBC’s CEO to take action to stop RBC’s financing of fossil fuel expansion.

The climate crisis is here. And while you claim to support reducing greenhouse gas emissions in line with the targets in the Paris Agreement, you continue to be the top Canadian funder of fossil fuel expansion — investing over $262 billion into oil, gas, and coal since the Paris agreement was signed.

You bankroll colonial violence against Indigenous Land Defenders who are protecting their land, and our collective future, from destructive pipelines. I was horrified to hear that at your AGM just today, RBC barred entry to the Wet’suwet’en delegation — all with necessary proxies — and forced them to attend from a secondary room. This act of segregation flies in the face of RBC’s supposed commitment to reconciliation, and it is unacceptable.

You once said, “climate change is one of the most pressing issues of our times.” I couldn’t agree more. I urge you to lead RBC to act accordingly, by taking urgent action to stop RBC’s financing of fossil fuel expansion.

Sincerely,

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Dave McKay

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Tell RBC CEO Dave McKay to divest from fossil fuels

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