Royal Bank of Canada | Advisory vote on environmental and climate change objectives and action plan at the Royal Bank of Canada
How other organisations have declared their voting intentions
Organisation name | Declared voting intentions | Rationale |
---|---|---|
Anima Sgr | For | As shareholders would benefit from more information on the company's future GHG reduction plans to better assess how the company is managing the physical and transition risks associated with climate change effectively. An advisory vote would also provide investors an opportunity to express their views on whether the plan is meeting expectations over time. |
Benguela Global Fund Managers | For | Benguela Global Fund managers is in support of GHG reduction and transition to clean energy. We believe that shareholders will stand to benefit significantly from RBC's initiatives to enhance transparency regarding environmental goals and social responsibility. These initiatives could improve risk management by providing RBC with a clearer understanding of its climate exposure and clients' readiness for a low-carbon future. Additionally, aligning with the increasing investor focus on Environmental, Social, and Governance (ESG) factors positions RBC as a more appealing investment option. Lastly, the focus on areas like clean energy and the circular economy could present new business opportunities, thereby creating additional value for shareholders. |
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