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Buildings in the financial area of St Helier including the offices of The Royal Bank of Canada (RBC) are seen on April 11, 2017 in St Helier, Jersey. Royal Bank of Canada is hiring a head of climate transition as the bank faces criticism over its position as the world’s top financier to fossil-fuel companies, according to a report released in April by the Rainforest Action Network. The executive who fills the role will be expected to “orchestrate, unify and advance” a federated set of climate-related activities, according to a posting on the bank’s job portal. That means developing a climate strategy based on the bank’s ongoing transition to net-zero emissions, implementing responses to climate activism, raising the bank’s profile and reputation on green matters, and navigating relationships with industry groups, decision-makers and communities, the bank indicated. The job opening is set to close Sunday. A compensation range is not listed in the posting. The move marks a shift in the bank’s strategy, Keith Stewart, senior energy strategist at Greenpeace Canada, told Reuters . Stewart added, though, that the lender needs to stop funding new oil, gas and coal projects if it wants activists “to stop pointing out their […]
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