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RBC Recognized As A 'Best Place To Work For LGBT Equality' By The Human Rights Campaign

TORONTO, Dec. 20, 2013 /PRNewswire/ - The Royal Bank of Canada (RBC) announced today that RBC Wealth Management-U.S. and RBC Capital Markets-U.S. each received a perfect score of 100 percent on the 2014 Corporate Equality Index (CEI). This rating individually recognizes both RBC businesses as one of the "Best Places to Work for LGBT Equality." The Human Rights Campaign Foundation administers this benchmarking survey and report that studies corporate policies and practices related to LGBT workplace equality. RBC joins the ranks of 303 major U.S. businesses that also took top marks this year.

"RBC Wealth Management is proud to be recognized as a "Best Place To Work" for LGBT employees for the fourth year," said John Taft, CEO, RBC Wealth Management-U.S. and executive sponsor of the RBC Wealth Management-U.S. Gay, Lesbian, Allied and Diverse Employees (GLADE) Employee Resource Group (ERG). "The values of diversity and inclusion extend from the way we make a difference in the lives of our employees and their families to the way we do business. In a relationship business, it is how we treat people that matters. This rating affirms that we are doing things right for our employees, our clients and for the communities in which they live and work."

"We are honored to receive this esteemed rating, alongside several of our clients and business partners who value diversity," said Deborah Freer, U.S. Chief Operating Officer of RBC Capital Markets and Executive Sponsor of RBC Capital Markets' PRIDE ERG. "This recognition underscores RBC's commitment to creating an inclusive and diverse workplace, and is a testament to the great progress we have made."

As an advocate for equal employment opportunities, RBC maintains a workplace that embraces diversity and inclusion. The company provides benefits to employees' opposite and same sex domestic partners, introduced health care tax equalization benefits in the U.S. in 2013 and transgender benefits in 2012. In addition, the company supports both national and local organizations that serve the LGBT community through sponsorships, grants and the employee matching gift program.

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