{"id":87594,"date":"2024-06-13T09:55:45","date_gmt":"2024-06-13T13:55:45","guid":{"rendered":""},"modified":"2024-11-29T17:49:47","modified_gmt":"2024-11-29T22:49:47","slug":"leveraging-tech-for-environmental-and-social-responsibility","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/leveraging-tech-for-environmental-and-social-responsibility\/","title":{"rendered":"Leveraging tech for Environmental and Social Responsibility"},"content":{"rendered":"<div class=\"wp-block-rbc-single-article-header\">\n\t<section class=\"section-grey cover pad-t-hlf\">\n\t\t<div class=\"section-inner w-half w-mob-full centered-margin cover section-grey pad-tb-0\">\n\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/commercial-insights\/\">\n\t\t\t\t\t\t\t<span>Commercial Insights<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<h1 class=\"mar-b-hlf mar-t-0 mob-pad-lr-hlf h2 has-black-color\">Leveraging tech for Environmental and Social Responsibility<\/h1><p class=\"mar-b-0 mob-pad-lr-hlf author-text\">By Lianne Stewart<\/p>\t\t\t\t\t<div class=\"featured-image-wrapper pos-rel\">\n\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-2091028289.jpg?quality=80\" class=\" cover-image  wp-post-image\" alt=\"Crystal globe placed on moss with icons.\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-2091028289.jpg 2309w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-2091028289.jpg?resize=300,169 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-2091028289.jpg?resize=768,432 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-2091028289.jpg?resize=1024,576 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-2091028289.jpg?resize=1536,864 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-2091028289.jpg?resize=2048,1152 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t<\/section>\n\t<div class=\"article mar-t-dbl\">\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner socials-section\">\n\t\t\t\t<div class=\"top-socials-bar mob-mar-b-hlf\">    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Leveraging tech for Environmental and Social Responsibility &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/leveraging-tech-for-environmental-and-social-responsibility\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/leveraging-tech-for-environmental-and-social-responsibility\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  <\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner w-half w-mob-full centered-margin pad-tb-0 mob-mar-t-hlf mob-mar-b\">\n\t\t\t\t<p class=\"cover-pub-line text-xs mar-b-hlf\">Published June 13, 2024 \u2022 4 Min Read<\/p>\t\t\t<\/div>\n\t\t<\/section>\n\t<\/div>\n<\/div>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner w-half w-mob-full\" style=\"border-radius:0x\">\n<p><strong>Embracing innovation is a path forward for companies to move the needle on their ESR plans.<\/strong><\/p>\n\n\n\n<p>A recent <a href=\"https:\/\/www.pwc.com\/ca\/en\/today-s-issues\/environmental-social-and-governance\/green-tax-and-incentive-programs.html\" target=\"_blank\" data-dig-id=\"LP-87594-ffaa5141\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"PWC survey\" rel=\"noreferrer noopener\" class=\"rbc-link-format\">PWC survey<\/a> highlights a stark reality: Canada is lagging behind our global counterparts. The 2022 survey reveals that only 12% of Canadian CEOs have committed to reducing their greenhouse gases to net-zero, ten points lower than global respondents. Additionally, <a href=\"https:\/\/can01.safelinks.protection.outlook.com\/?url=https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/220602\/dq220602c-eng.htm&amp;data=05%7C02%7Cbghaddar@ivey.ca%7Cd37e6fad336740bc921708dc6adc0c7a%7C547040db185543209738e6878f6271fc%7C0%7C0%7C638502740664508423%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0=%7C60000%7C%7C%7C&amp;sdata=+NQAGZ0j9xiU+pVhFiLEpSlL41hk7235KARJJpGFriY=&amp;reserved=0\" target=\"_blank\" data-dig-id=\"LP-87594-53ab630d\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"StatsCan figures\" rel=\"noreferrer noopener\" class=\"rbc-link-format\">StatsCan figures<\/a> reveal that only about one-third of Canadian businesses engaged in environmental management practices in 2019.<\/p>\n\n\n\n<p>To explore opportunities for Canadian businesses, and shed light on the challenges of implementing environmental and social responsibility (ESR) initiativies, we spoke with Professor Ghaddar, an Associate Professor of Management Science at Western University\u2019s Ivey Business School.<\/p>\n\n\n\n<p>\u201cESR is a competitive differentiator in today\u2019s vast changing landscape,\u201d she says. \u201dSustainable practices can drive innovation, attract like-minded investors and employees, and foster stronger community relations.\u201d<\/p>\n\n\n\n<p>She offers that embracing innovation is a path forward for companies to move the needle on their ESR plans. \u201cVarious companies in Canada ranging from small startups to big companies are already using technology for sustainability.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pioneering a Future for ESR<\/h2>\n\n\n\n<p>For example, Professor Ghaddar cites <a href=\"https:\/\/www.linkedin.com\/posts\/flyribbit_earthday-sustainability-environment-activity-7188254283601965057-Qbu2\" target=\"_blank\" data-dig-id=\"LP-87594-de334e87\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Ribbit\" rel=\"noreferrer noopener\" class=\"rbc-link-format\">Ribbit<\/a>, a company that recently announced its plans to use autonomous airplanes, leveraging aviation and technology, to help rural Canadian families cut waste. \u201cReducing food spoilage caused by supply chain issues in hard-to-reach regions like northern Canada, [will] lead to better outcomes for people and the environment,\u201d she says.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Overcoming Challenges with Tech<\/h2>\n\n\n\n<p>So, what\u2019s holding many companies back? Compliance with environmental regulations is often cited as a barrier to ESR, and Professor Ghaddar acknowledges these difficulties. She cites high upfront costs for equipment upgrades, navigating complex regional regulations, and extensive reporting can be burdensome.<\/p>\n\n\n\n<p>\u201cThese factors complicate long-term planning and increase operational restrictions,\u201d she says. \u201cAdditionally, extensive documentation, continuous monitoring, and the requirement for detailed reporting add administrative burdens to the company.\u201d<\/p>\n\n\n\n<p>Fortunately, she says technology can transform these hurdles into stepping stones. Professor Ghaddar sees potential for businesses to apply artificial intelligence technology to support their environmental and social goals. She suggests AI can optimize operations and reduce environmental footprints by streamlining resource allocation, minimizing waste, and enhancing operational efficiency.<\/p>\n\n\n\n<p>She also says AI can be used for data-driven ESR decisions. By analyzing and reporting large swaths of ESR data, she says AI can not only save time, but surface valuable insights for transparent and reliable reporting to stakeholders on environmental and social performance.<\/p>\n\n\n\n<p>Beyond AI, she says there are other ways to find new technologies to move further into environmental and social responsibility. She says \u201cengaging with start-ups, participating in industry collaborations and conferences, and investing in research and development\u201d will help businesses uncover new innovations that could integrate ESR into their operations.<\/p>\n\n\n\n<p>Professor Ghaddar adds that internal initiatives can also be empowered by tech. She recommends developing ESR-focused programs that leverage technology, such as digital learning platforms or sustainability dashboards, to empower the workforce as champions of environmental and social responsibility. She believes technology, like digital collaboration and&nbsp; ideation platforms, can encourage employee-led initiatives, as well.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tech as an ESR double edged sword<\/h2>\n\n\n\n<p>While she says technology can offer immense potential to advance sustainability, she warns there are notable instances where it has failed, noting ambitious smart city projects that she believes failed due to their underestimation of urban complexity, among other concerns.<\/p>\n\n\n\n<p>Technology also can fail to deliver in situations where an effort to improve efficiency or reduce resource consumption leads to an increase in overall consumption. \u201cIn certain instances, technology presents solutions for sustainability challenges, but it can also introduce new problems, such as the rebound effect, so careful implementation and continuous evaluation is key,\u201d she warns.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Technological Arsenal for a Brighter Tomorrow<\/h2>\n\n\n\n<p>Looking ahead, Professor Ghaddar highlights innovative advancements poised to accelerate progress on environmental and social fronts, which can help Canadian businesses meet their ESR goals.<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list default is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"is-style-default default\"><strong>Enhanced solar panels and offshore wind turbines powered by AI<\/strong> will make clean energy more accessible and efficient.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p><strong>Battery technology breakthroughs<\/strong> will ensure a more dependable supply of renewable energy.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p><strong>AI-driven energy management systems and smart grids<\/strong> will optimize resource allocation and reduce energy consumption, leading to a smaller environmental footprint.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p><strong>Advancements in electric and autonomous vehicles<\/strong> offer cleaner and more efficient urban mobility solutions.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">ESR is a long-term opportunity<\/h2>\n\n\n\n<p>By exploring innovative technologies and integrating ESR into their core values, Professor Ghaddar believes companies can achieve long-term success while contributing to a healthier planet and a more equitable society. She concludes, &#8220;Incorporating a sustainable business strategy is not only good for the environment but can also have a positive impact on the organization&#8217;s bottom line.\u201d<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse834a1009\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse834a1009\" data-dig-id=\"LP-57738-834a1009\" data-dig-category=\"LP\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Things our lawyers want you to know\"><span>Things our lawyers want you to know<\/span><span>Things our lawyers want you to know<\/span><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse834a1009\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p>This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n<\/div>\n<\/div><\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-46b3d7c1-fb9f-4c56-a6ef-1e873194aedd\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p class=\"has-text-align-center h5 mar-b\"><strong>Share This Article<\/strong><\/p>\n\n\n\n\t\t<div class=\"socials-block\">\n\t\t\t    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Leveraging tech for Environmental and Social Responsibility &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/leveraging-tech-for-environmental-and-social-responsibility\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/leveraging-tech-for-environmental-and-social-responsibility\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  \t\t<\/div>\n\n\t\t\n\n\t\n\t<div class=\"wp-block-tk-spacer id-754dc951-fc5b-4c38-b518-6ec6a2ef4547\" aria-hidden=\"true\"><\/div>\n\t\n\n\n\t\t\t<div class=\"wp-block-rbc-single-post-topics related-topics-links\">\n\t\t\t\t<p class=\"h5 mar-r-hlf\">Topics:<\/p>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/commercial-insights\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Commercial Insights<\/a>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/esg\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">ESG<\/a>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/technology\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Technology<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel mob-pad-t-dbl\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading mar-b mob-mar-b-dbl mar-t-0\" id=\"h-read-this-next\">Read This Next<\/h2>\n\n\n\t\t\t<div class=\"related-posts-type-2\">\n\t\t\t\t<div class=\"related-post-list\">\n\t\t\t\t\t<ul class=\"grid-wpr eh-wpr\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/A-pile-of-clothes-and-textiles-ready-for-sortation.-Image-courtesy-of-Debrand.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"A pile of clothes and textiles ready for sortation. 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Business?<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"An employee writes a business cheque at her desk.\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg 3864w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=768,512 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=1024,683 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=1536,1024 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=2048,1365 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/\">\n\t\t\t\t\t\tCommercial\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/how-to-prevent-cheque-fraud-and-safeguard-your-business\/\" class=\"card-title h4 mar-t-0\">How to Prevent Cheque Fraud and Safeguard Your Business<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"645\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"People networking at business conference\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg 3974w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=300,189 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=768,484 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=1024,645 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=1536,968 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=2048,1291 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/\">\n\t\t\t\t\t\tInnovation\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/how-three-canadian-businesses-are-translating-environmental-sustainability-into-tangible-business-outcomes\/\" class=\"card-title h4 mar-t-0\">How Three Canadian Businesses are Translating Environmental Sustainability into Tangible Business Outcomes<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n<\/section>\n<style class=\"advgb-styles-renderer\">\n\t\t.wp-block-tk-spacer.id-46b3d7c1-fb9f-4c56-a6ef-1e873194aedd {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-46b3d7c1-fb9f-4c56-a6ef-1e873194aedd {\n\t\t\theight: 30px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-754dc951-fc5b-4c38-b518-6ec6a2ef4547 {\n\t\theight: 60px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-754dc951-fc5b-4c38-b518-6ec6a2ef4547 {\n\t\t\theight: 30px;\n\t\t}\n\t}\t<\/style>","protected":false},"excerpt":{"rendered":"<p>Sustainable practices can drive innovation, attract like-minded investors and employees, and foster stronger community 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