Company Profiles
Portfolio 21 Holdings
- Abengoa
- Acciona
- Accor
- Adobe
- Agilent
- Air Liquide
- Air Products and Chemicals
- Applied Materials
- Atlas Copco
- Autodesk
- Aviva
- Baxter International
- Bristol-Myers Squibb
- British Land Company
- British Sky Broadcasting
- BT Group
- Canadian Pacific Railway
- Canon
- Carrefour
- Dell
- Denso
- Deutsche Bank
- Deutsche Post
- Dexia
- East Japan Railway
- Eaton
- Echelon
- EDF Energies Nouvelles
- Electrolux
- Ericsson
- Friends Provident
- Fuel Tech
- Gushan Environmental
- H. Lundbeck
- Henkel
- Hennes & Mauritz (H&M)
- Herman Miller
- Hewlett-Packard
- HSBC
- Husqvarna
- Hyflux
- Iberdrola Renovables
- IBM
- Intel
- Interface
- JM
- Johnson Controls
- Kao
- Kingfisher
- Kurita
- Linde
- Marks & Spencer
- Matsushita
- Mitsubishi Electric
- Mitsui O.S.K. Lines
- MTR
- Munich Re
- Nine Dragons
- National Express
- National Grid
- Natura Cosmeticos
- Netapp
- Nike
- Nokia
- Novartis
- Novo Nordisk
- Novozymes
- Olympus
- Ormat
- Philips Electronics
- Potlatch
- Praxair
- Prologis
- Red Electrica
- Reed Elsevier
- Royal Bank of Canada
- Schneider Electric
- Schnitzer Steel
- Severn Trent
- Sharp
- Shimano
- Siemens
- Skanska
- SKF
- Sompo Japan Insurance
- Sonoco
- Sony
- Staples
- STMicroelectronics
- Stora Enso
- Storebrand
- SunPower
- Suntech Power
- Svenska Cellulosa (SCA)
- Swedbank
- Swiss Re
- Swisscom
- Tandberg
- Teijin
- Telstra
- Telefonica
- TNT
- Tomra Systems
- Trex Company
- Trustpower
- UBS
- Umicore
- Unicredito Italiano
- United Natural Foods
- Verbund
- Vestas Wind Systems
- VMware
- Volvo Group
- Westpac Banking Corporation
- Whole Foods Market
- Xerox
Royal Bank of Canada
Canada
Royal Bank of Canada (RBC) is Canada's largest financial institution providing wealth management, insurance, personal, commercial, and investment banking services. The bank's largest environmental impact is its lending and investment activities. RBC uses an Environmental Risk Management Group and environmental credit risk policies to manage lending portfolio risks. Additionally, RBC analyzes the business risks and opportunities of climate change, including project financing, and emissions trading and reduction. Nelson Switzer, Senior Manager of Environmental Risk Management explains: ”. . . environmental risks, such as unmanaged greenhouse gas emissions, may represent a significant factor in the risk-rating profile of a borrower and ultimately impact a client's cost or ability to borrow.” RBC also recognizes its direct environmental impacts and educates clients on how they can contribute to reducing these impacts. For example, RBC offers its clients the choice of electronic statements, resulting in paper savings of 20 tons in one year alone. The bank also offers a low-carbon banking guideline called ”Seven Ways to Reduce Your Environmental Banking Footprint.” Portfolio 21 has asked RBC to increase transparency regarding the company's management of sustainability issues outside its lending activities, to continue efforts to reduce its direct greenhouse gas footprint, and to increase its purchasing of Forest Stewardship Council certified paper.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 9/30/07 and may not reflect current opinions or subsequent events.