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Royal Bank of Canada

Country
Canada
Sector
Financial Services
Industry
Banks - Diversified
Employees
97,116
Ticker
RY
Exchange
TMX Group Inc.
Description
Royal Bank of Canada is a diversified financial services company and one of the largest banks in Canada. It provides personal and commercial banking, wealth management, insurance, corporate and invest...

Royal Bank of Canada's Energy Data Preview

In 2025, Royal Bank of Canada disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Royal Bank of Canada disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2025202420232022 - 2017
Total Energy Consumption
2,036,563a
1,961,539a
1,919,192a
Non-Renewable Energy Consumption
538,844a
537,548a
1,133,586a
Renewable Energy Consumption
1,497,719a
1,423,991a
785,606a
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Verified Sources Behind Royal Bank of Canada’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Royal Bank of Canada’s data sources below and access millions more through our Disclosure Search.

a. Royal Bank of Canada's Sustainability Report 2025

Insights into Royal Bank of Canada's Energy Renewability

In 2025, Royal Bank of Canada consumed a total of 2.04 million Gigajoules of energy across its operations. Of this total, 73.54% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 26.46% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Royal Bank of Canada's Energy Renewability Rate

74%

How much of Royal Bank of Canada's energy consumed is renewable?

In 2025, Royal Bank of Canada consumed a total of 2.04 million Gigajoules of energy, of which 73.54% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This moderate level of renewable energy adoption indicates that Royal Bank of Canada is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Royal Bank of Canada's energy practices becoming more sustainable?

Since 2023, Royal Bank of Canada's total energy consumption increased by 6.12%, including a 3.82% increase in 2025, reflecting a sustained rise in overall energy demand.a

Over the same period, the share of renewable energy in Royal Bank of Canada's consumption increased by 79.66%, including a 1.3% increase in 2025, showing consistent progress in clean energy adoption.a

Overall, Royal Bank of Canada has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

Royal Bank of Canada's Renewable vs Non-renewable Energy Over Time

1.65 M797.49 k52.51 k1.65 MGigajoules (GJ)20252024202374%73%41%26%27%59%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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