Last Updated on October 24, 2023 by Steve Randall
Canada’s biggest banks have been ranked among the best in the world for diversity and inclusion.
The annual Refinitiv Global & Inclusion Index for 2019 ranks over 7,000 listed companies with environmental, social and governance (ESG) data, based on a composite of metrics focused on diversity, inclusion, people development and controversies. The top 100 are listed.
The list is headed by management consultancy Accenture, followed by beverages firm Diageo.
RBC is third overall and therefore also the highest-ranking bank. Bank of Nova Scotia is 20th and Toronto-Dominion is 21st, some way behind RBC but still outranking other banks, which are few and far between in the listing. CIBC is 55th.
“We know diverse and inclusive companies are more successful,” said Dave McKay, CEO of RBC. “They drive greater innovation and growth, attract top talent, foster employee engagement, better represent the communities in which we live and work, and deliver stronger results. We also know that being a diverse and inclusive company takes commitment. It requires leadership to speak up and have uncomfortable conversations needed to truly drive change. Making our workplace a more inclusive and welcoming place has always been core to RBC.”
Steve Randall has more than three decades of media experience encompassing online, newspapers, magazines, radio, and podcasts. He focuses on insights and news for professionals in finance, real estate, and legal services. Steve writes for multiple Key Media titles in Canada, United States, Australia, and New Zealand.
