RBC launches a new Truth and Reconciliation Office

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RBC launches a new Truth and Reconciliation Office /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prntac{ TEXT-ALIGN: CENTER } Canada NewsWire RBC Origins created to drive solutions, investments and corporate actions to support First Nations, Métis and Inuit Peoples and develop a reconciliation action plan TORONTO , May 28, 2024 /CNW/ - Today, RBC announced the launch of its Truth and Reconciliation Office under its new Indigenous banking banner, RBC Origins, making RBC the first major bank in Canada to do so. For decades, RBC has worked with Indigenous employees, clients, organizations, businesses and communities to help build a more prosperous and collaborative future together, including being the first major financial institution to have a full-service branch in a First Nation community in Canada in 1991. RBC is beginning the next leg of its journey with the creation of RBC Origins , which brings together the newly created Truth and Reconciliation Office with the Indigenous Banking strategy team. This shift to RBC Origins signals the bank's intent to apply the principles, norms and standards of a reconciliation framework to its corporate policy and core operational activities involving Indigenous peoples and their lands and resources. "On this journey, I have joined several RBC executives in engaging with Indigenous leaders from across the country through listening sessions to help us better understand the needs and aspirations of their communities, as well as issues like relationship building and consent," said Dave McKay , president and CEO, RBC. "We are launching a Truth and Reconciliation Office under the banner of RBC Origins to integrate reconciliation work across our bank in new ways, exploring opportunities to better incorporate Indigenous knowledge, practices and principles throughout our business." RBC Origins will bring to life RBC's Purpose Framework – Powering Ideas for People and Planet TM , which identifies human rights and reconciliation as key focus areas for the bank. It will do this by deepening understanding of reconciliation activities and environmental stewardship practices, and honouring the rich and c...

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