The Royal Bank of Canada (RBC) was recently recognized as one of the Top 100 Most Diverse and Inclusive Companies in the world, ranking fourth on the list in the 2020 Refinitiv Diversity and Inclusion Index.

The index ranks the top 100 out of 9,000 publicly-listed companies with environmental, social and governance data, according to a news release from RBC. The data is based on measurements “collected from publicly available information sources that define diverse and inclusive workplaces,” the news release said.

There are four “key pillars” divided into 24 separate metrics that are used as the basis for rankings, according to the release. They are diversity, inclusion, people development and news controversies.

“We can’t miss the opportunity to create a very different future for our society, including building more inclusion within our companies and in our communities,"Dave McKay, RBC president and CEO, was quoted in the release as saying. “In addition to increasing our staffing goals, we’re also making new commitments to support economic growth and wealth creation for BIPOC youth, communities and entrepreneurs. We believe these commitments are important to encouraging a more inclusive economic recovery in the markets we serve.”

This is the second consecutive year  RBC has been high in the top-100 ranking that was launched in 2016, according to the release. 

RBC also published its 2019 Diversity and Inclusion report on its website for the public to review.