Big Banks Commit to Racial Equity Audits, Thanks to United Church and SHARE

The United Church of Canada and the United Church Pension, as members of SHARE, co-filed a shareholder proposal asking the Royal Bank of Canada (RBC) and the Bank of Montreal (BMO) to conduct racial equity audits. These audits would identify and mitigate the potential harm their activities might have on racialized people. 

Last week, both banks committed to the racial equity audits. Read the full news story.

[Image credit: Canva]