Fossil Free Investments at RBC

As the largest financer of fossil fuels in Canada, RBC has a lot of work to do in keeping global temperatures below 1.5 degrees. For a variety of reasons, switching banks may not be an accessible option. RBC offers a number of mutual funds and exchange traded funds that exclude fossil fuels.

In Branch and Pension Plans

1. RBC Vision Fossil Fuel Free Balanced Fund *includes nuclear energy
2. RBC Vision Fossil Fuel Free Global Equity Fund *includes Safran, an aerospace/defence company
3. RBC Vision QUBE Fossil Fuel Free Low Volatility Canadian Equity Fund
4. RBC Vision Fossil Fuel Free Emerging Markets Equity Fund
5. RBC Vision Fossil Fuel Free Bond Fund *includes nuclear energy
6. RBC Vision Fossil Fuel Free Short-Term Bond Fund *includes nuclear energy

Online

These iShares ETFs, offered by BlackRock and RBC, are only available through direct investing platforms, such as RBC Direct Investing, and fee-based investment advisors. RBC InvestEase does not have a fossil-free offering. The TSX ticker symbol for each exchange traded fund is listed in brackets.

Pre-Built Portfolios

1. iShares ESG Conservative Balanced ETF Portfolio (GCNS)
2. iShares ESG Balanced ETF Portfolio (GBAL)
3. iShares ESG Growth ETF Portfolio (GGRO)
4. iShares ESG Equity ETF Portfolio (GEQT)

Country Specific Equity

1. iShares ESG Advanced MSCI Canada Index ETF (XCSR)
2. iShares ESG Advanced MSCI USA Index ETF (XUSR)
3. iShares ESG Advanced MSCI EAFE Index ETF (XDSR)

Canadian Corporate Bonds

1. iShares ESG Advanced Canadian Corporate Bond Index ETF* (XCBG)
2. iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF* (XSHG)

*These funds have placed significant assets towards some of the largest fossil-financing banks.

Last Updated: April 2025