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

RBC Vision Fossil Fuel Free Balanced Fund *includes nuclear energy
RBC Vision Fossil Fuel Free Global Equity Fund *includes Safran, an aerospace/defence company
RBC Vision QUBE Fossil Fuel Free Low Volatility Canadian Equity Fund
RBC Vision Fossil Fuel Free Emerging Markets Equity Fund
RBC Vision Fossil Fuel Free Bond Fund *includes nuclear energy
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

iShares ESG Conservative Balanced ETF Portfolio (GCNS)
iShares ESG Balanced ETF Portfolio (GBAL)
iShares ESG Growth ETF Portfolio (GGRO)
iShares ESG Equity ETF Portfolio (GEQT)

Country Specific Equity

iShares ESG Advanced MSCI Canada Index ETF (XCSR)
iShares ESG Advanced MSCI USA Index ETF (XUSR)
iShares ESG Advanced MSCI EAFE Index ETF (XDSR)

Canadian Corporate Bonds

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

Last Updated: April 2025