Applications Invited for RBC Tech for Nature

Follow us@ngobox

About the Organization

RBC is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance, and creating value for our clients and communities.

Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are one of Canada's biggest banks, and among the largest in the world based on market capitalization. We have 86,000+ full- and part-time employees who serve 17 million clients in Canada, the U.S. and 27 other countries. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis.

About the Grant

The effects of climate change connect us all. Our shared future faces great challenges – from food security to air quality, energy needs to access to clean water. There has never been a greater need for extraordinary solutions or more opportunity for leadership, collaboration, ingenuity and vision. RBC Tech for Nature™ is our multi-year commitment to preserving the world’s greatest wealth: our natural ecosystem. We work with partners to leverage technology and innovation capabilities to solve pressing environmental challenges. RBC Tech for Nature brings to life the fifth pillar of the RBC Climate Blueprint, our enterprise approach to accelerating clean economic growth.

Multi-Sectoral approach

In order to positively influence our environment, we need to address not only the issues at hand, but also the methods we use to confront them. The most impactful programs often require multi-sector expertise. That’s why RBC® is working to bring the right partners together to tackle these global challenges. The program aims to develop multi-sector partnerships to create positive progress.

Technology and the environment

The pressing environmental challenges of today are growing at a rate that often outpaces the solutions designed to address them. We recognize that technology offers immense potential to develop innovative solutions that provide new pathways to address those challenges. RBC is leveraging its technology capabilities in areas such as artificial intelligence (AI), blockchain and app development to work with charitable partners to address water, climate and other environmental challenges. We are actively seeking partners who share our vision and are pursuing technology-based solutions.

Donations approach

Our funding is supporting technology-driven programs in three key areas:

• Data There is a lack of organized data on the health of our planet and how our actions affect it. We believe creating a common language about the environment through data will allow for informed and meaningful decision-making.
• Innovation ecosystem We believe that we need to launch and scale up game-changing solutions by empowering the entrepreneurs, ventures and charities working to build solutions to solve the pressing environmental challenges of today.
• Communities of action Each person holds more power than they think. We believe that through technology, we can empower individuals to work with their communities and positively change their behaviour to produce a notable change for our planet.

Eligibility

• Organizations that are registered charities in their jurisdictions
• Projects or programs that take place in communities where RBC has a business presence
• Charitable organizations that provide direct community benefit
• Programs with measurable social outcomes

Deadline

RBC Foundation is now accepting Tech for Nature applications for its 2022 grant year until February 4th, 2022.

For more information please check the Link

Tags Environment and Sustainability Innovations and Technology Others