Homepage - Fossil Free RBC

Welcome to the biggest fossil fuel financing bank in Canada

RBC’s principles-led approach is all about creating a warmer planet and destroying communities to make room for pipelines. By investing in fossil fuel projects and companies that both accelerate climate change and trample on Indigenous rights, they’re doubling down on short-term gains over long-term health and safety. With RBC, rest assured that your money is as secure as a melting glacier.

$28B USD

dumped into fossil fuel companies in 2022 alone

$256B USD

in coal, oil and gas since Paris Climate Agreement was signed in 2016

$523M USD

in tar sands financing in 2022

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As the world transitions off fossil fuels, the Royal Bank of Canada is becoming the fossil fuel lender of last resort, funding companies and fossil fuels that other banks are moving away from, like the tar sands. Without financing from banks like RBC, fossil fuel companies could not continue to increase pollution and oil and gas production. Ignoring the science, RBC bankrolls projects that accelerate climate change, and violate human rights and Indigenous sovereignty, even as we all experience extreme weather every day.
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Indigenous Rights Violations
from Your Everyday Bank

RBC proves it has no interest in reconciliation. It funds projects around the world lacking free, prior, and informed consent of Indigenous Peoples. RBC’s fossil financing is damaging sacred Indigenous sites, endangering safe air to breathe, and clean water to drink.

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EACOP

The East Africa Crude Oil Pipeline (EACOP) is the world’s largest proposed crude oil pipeline at 897 miles, whose primary financial backer is French fossil fuel company TotalEnergies. EACOP endangers communities, food, and water, and risks locking in fossil fuels for decades.

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Trans Mountain Pipeline

The Trans Mountain pipeline (TMX), if built, would ship more than 590,000 barrels per day of highly polluting tar sands crude to the B.C. coast, increasing Canada’s climate emissions and making it impossible to meet our Paris commitments.

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    "They talk about reconciliation and they undermine their own words by trying to shove pipelines down our throat, or industry down our throat, and it's just not the way we do business. There will be no pipeline to enter Wet'suwet'en territory."
    Chief Na'moks
    Wet'suwet'en Hereditary Chief from the Tsayu Clan
    “The violence of RBC cannot be ignored any longer. RBC is funding the genocide of our lands and people and it has to stop."
    Eve Saint
    Gidimt’en Checkpoint Finance Campaigner and Wet’suwet’en land defender
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RBC can’t be trusted to do the right thing on climate change

While publicly professing to be a ‘climate leader,’ RBC continues to increase financing for climate chaos-causing coal, oil, and gas. RBC is currently under investigation by Canada’s competition watchdog for misleading advertising.

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Lets Make Tomorrow Happen™

Tomorrow. It’s a simple word that represents the immediate future. What we want, need and wish for is to ensure there is a safe, livable and dignified tomorrow, for us and for future generations, where all of us can thrive. And as long as we fight for tomorrow, we have the power to stop RBC.

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Take Action
For Tomorrow

Send an Email: Tell RBC to stop financing the Coastal GasLink pipeline

Wet'suwet'en Hereditary Chiefs have resisted the construction of a fracked gas pipeline across their territory. The Coastal GasLink pipeline would allow the expansion of fracked gas production – even as the climate crisis worsens, and violate Wet'suwet'en rights

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Sign the Petition: Tell RBC to stop funding climate destruction and respect Indigenous rights

RBC is the largest fossil fuel funding bank in Canada, and funds projects that violate Indigenous rights. Sign the petition and demand that RBC defund climate chaos now!

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