RBC businesses in the U.S. recognized for LGBTQ equality by the Human Rights Campaign


Top marks as ‘Best Place to Work’ achieved for 13th year


NEW YORK and MINNEAPOLIS (January 27, 2022) – RBC Capital Markets – U.S. and RBC Wealth Management – U.S. have for the 13th year received a top score on the Human Rights Campaign’s 2022 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. These RBC divisions join the ranks of 842 major U.S. businesses that also earned top marks this year.

“RBC is proud of our Diversity & Inclusion efforts, and to have again been recognized with the highest rating from the Human Rights Campaign for the 13th year. Diversity is a key pillar in RBC’s culture, and we continue to make headways in empowering our employees across all facets of our business. We believe that diversity brings together different perspectives, better team collaboration and more successful outcomes. We are honored to again receive a top score in HRC’s Corporate Equality Index,” noted John Thurlow, U.S. Chief Operating Officer of RBC Capital Markets.

“As we continue to navigate uncertain times, we strive to provide our diverse group of employees with the resources they need to thrive. This recognition by the HRC illustrates RBC’s commitment and dedication to advancing equity and it continually reflects how strongly we value diversity in the workplace,” said Michael Armstrong, CEO of RBC Wealth Management – U.S. “The report also underscores the need for more work to build on those commitments for a more just and equal society, inside and outside our own walls.”

“As the new Global Head of Diversity & Inclusion, I am encouraged to see recognition of RBCCM’s commitment to creating an equal, equitable and inclusive environment for all employees by HRC in its Corporate Equality Index. I look forward to continuing our work in making RBC Capital Markets among the most diverse and inclusive companies in the U.S. and beyond,” Marcelino Ford-Livene, Managing Director and Global Head of Diversity & Inclusion, RBC Capital Markets.

As an advocate for equal employment opportunities, RBC maintains a workplace that embraces Diversity, Equity and Inclusion. The company provides domestic partner benefits inclusive of same-sex couples, as well as transgender-inclusive benefits. RBC also supports national and local organizations that serve the LGBTQ community through sponsorships, grants and its employee gift matching program.

LGBTQ Employee Resource Groups within RBC globally include: RBC PRIDE U.S. WM (established in 1999), RBC PRIDE Canada (2006), RBC PRIDE U.S. CM (2011), and RBC PRIDE UK CM (2011). All groups have a mission to create a welcoming and open working environment that allows LGBTQ employees to achieve their full potential.

The results of the 2022 CEI showcase how 1,271 U.S.-based companies are not only promoting LGBTQ-friendly workplace policies in the U.S., but also for the 56% of CEI-rated companies with global operations who are helping advance the cause of LGBTQ inclusion in workplaces abroad. RBC’s efforts in satisfying all of the CEI’s criteria earned a 100 percent ranking and the designation as one of the Best Places to Work for LGBTQ Equality.

The CEI rates companies on detailed criteria falling under four central pillars:

  • Workforce Protections
  • Inclusive Benefits
  • Supporting an Inclusive Culture + Corporate Social Responsibility
  • Responsible Citizenship

The full report is available online at www.hrc.org/cei .

The Human Rights Campaign Foundation is the educational arm of America’s largest civil rights organization working to achieve equality for lesbian, gay, bisexual transgender and queer people. HRC envisions a world where LGBTQ people are embraced as full members of society at home, at work and in every community.

About RBC Capital Markets

RBC Capital Markets is recognized by the most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance.

We are well-established in the largest, most mature capital markets with over 7,300 employees across North America, Europe, and the Asia-Pacific region in 70 offices and 15 countries, collectively encompassing more than 80% of global investment banking activity each year.

About RBC Wealth Management – U.S.

In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC. is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has $416 billion in total client assets with more than 2,000 financial advisors operating in 179 locations in 42 states.

Media Contact

Riham Feshir, RBC Wealth Management, 612-306-3207, riham.feshir@rbc.com