RBC bucks banks backlash

Royal Bank of Canada has registered a rare recent success for the banking sector by being admitted to the Nasdaq Global Sustainability 50 Index. The Toronto-based bank’s naming on the index means it is now regarded by Nasdaq as being among the top 50 most sustainable corporations with a listing on a major US stock exchange. The index is made up of companies that are most comprehensively disclosing their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investment.