PROPOSAL NO. 1 Investors for Paris Compliance Resolution
Resolved: In order to ensure RBC meets its net zero emissions reduction targets and protects against reputational risk, shareholders request that the Royal Bank of Canada (“RBC” or the “Bank”) updates its criteria for “sustainable finance” to preclude fossil fuel activity and projects facing significant opposition from Indigenous Peoples.
PROPOSAL NO. 3 British Columbia General Employees Union Resolution
Avoiding bank participation in pollution-intensive asset privatizations
RESOLVED THAT so as to not facilitate adverse environmental impacts in connection with the sale of coal, oil or gas assets from public companies to private enterprises (pollution-intensive asset privatization), shareholders request RBC and its business units not participate in or enable pollution-intensive asset privatization transactions, specifically by not accepting any new mandates to provide either financing/lending or M&A advisory services to such transactions.
PROPOSAL NO. 5 Mouvement d’éducation et de défense des actionnaires (MÉDAC) Résolution
Advisory vote on environmental policy:
It is proposed that the bank adopt an annual advisory vote policy regarding its environmental and climate change objectives and action plan.