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As a minimum, we ensure that we comply with environmental regulation.
As an investment company, our direct environmental impact is mainly associated with the buildings we occupy. The majority of our employees and partners are located in London, UK, with others in the USA, Luxembourg, Japan, Switzerland and Germany. In all instances, we are one of many tenants; this point is important because in practical terms it limits the degree to which we are able to address some of our environmental impact, which is ultimately determined by our building owner.
While our direct building operations may have limited climate change impact, we are committed to addressing energy and climate change in a number of ways:
We are working to improve resource efficiency and reduce waste, including
As we are not the sole tenants in the buildings we rent, in some instances environmental data collection is challenging, in terms of being able to disaggregate and attribute what is actual RBC BlueBay usage. However, we have started to collect consumption data for our two London offices on energy, water, paper and waste and hope to be able to provide performance data in the future.
Our main building in London (77 Grosvenor Street) has attained a ‘good’ rating in terms of the Energy Savings Opportunity Scheme (ESOS) Regulations 2014 in the UK. These assessments are audits of the energy used by their buildings, industrial processes and transport to identify cost-effective energy saving measures.
RBC BlueBay’s corporate responsibility framework is overseen by a Corporate Responsibility Committee and comprises four pillars: