--- title: "RBC Cuts Climate Finance and Sustainability Positions in Restructuring" canonical: "https://www.metaintro.com/blog/rbc-layoffs-climate-finance-restructuring-2026" language: "en" author: "metaintro" published: "2026-11-13T05:30:32.000Z" modified: "2026-11-13T05:30:32.000Z" --- [Back to Blog](/blog) [News](/blog/tag/news)[Layoffs](/blog/tag/layoffs)[Canada](/blog/tag/canada)[Finance](/blog/tag/finance) # RBC Cuts Climate Finance and Sustainability Positions in Restructuring RBC has cut several climate finance and sustainability positions in a restructuring that moves work into finance and public policy. [![Metaintro Team](https://cdn.metaintro.com/rs:fill:40:40/q:72/plain/images/9127a74a-194f-44f4-8743-8bdcda5e717c.jpg)Metaintro Team @metaintro](/blog/author/metaintro) [November 13, 2026](/blog/archive/2026/11)3 min read ![A cardboard box of personal belongings packed on an otherwise cleared office desk by a window](https://cdn.metaintro.com/rs:fill:1200:675/q:78/plain/images/10201-alt-hero.png) [https://x.com/intent/tweet?text=RBC%20Cuts%20Climate%20Finance%20and%20Sustainability%20Positions%20in%20Restructuring&url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026](https://x.com/intent/tweet?text=RBC%20Cuts%20Climate%20Finance%20and%20Sustainability%20Positions%20in%20Restructuring&url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026)[http://www.facebook.com/sharer.php?u=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026](http://www.facebook.com/sharer.php?u=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026)[https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026&title=RBC%20Cuts%20Climate%20Finance%20and%20Sustainability%20Positions%20in%20Restructuring](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026&title=RBC%20Cuts%20Climate%20Finance%20and%20Sustainability%20Positions%20in%20Restructuring)[mailto:?subject=RBC%20Cuts%20Climate%20Finance%20and%20Sustainability%20Positions%20in%20Restructuring&body=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026](mailto:?subject=RBC%20Cuts%20Climate%20Finance%20and%20Sustainability%20Positions%20in%20Restructuring&body=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Frbc-layoffs-climate-finance-restructuring-2026) RBC [has cut several climate-related finance and sustainability positions](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/), with the restructuring publicly confirmed in coverage published November 12, 2026. The work will be divided between finance and [a new public policy unit led from Washington, D.C.](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). At [Metaintro](https://www.metaintro.com), we track layoffs, store closures and return-to-office mandates in our [layoffs tracker](https://www.metaintro.com/layoffs). ## What Positions Are Affected? The changes concern [climate-related finance and sustainability positions in a restructuring](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). The report states that [Seven employees in total are no longer with the bank.](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/) The confirmation came from the bank's spokesperson: [RBC spokesperson Andrew Block confirmed the restructuring, but did not confirm the names of the executives.](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/) For job seekers working in sustainability, the announcement concerns both personnel departures and a change in the organizational home of this work. ## Where Will the Work Sit? The reporting responsibilities are moving into finance: [The bank’s sustainability reporting function, including risk management and corporate disclosure, has been moved to the finance department](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). Meanwhile, [the climate team is operating under the newly created public policy group](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). That separates sustainability reporting from the climate team's place in the organization. The public policy leadership is described as [the bank’s recently appointed Washington-based senior vice-president of global government affairs and public policy](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). ## Why Is the Bank Making These Changes? The bank's explanation is that the changes [are not a result of the bank deprioritizing climate finance, and instead are aimed at strengthening sustainability efforts across its business lines](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). Its spokesperson also described the restructuring as [intended to drive sustainability initiatives by placing experts throughout the institution](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). This explanation frames the personnel changes around how sustainability expertise is organized across the business. ## What Should Affected Workers Do Next? - Request written details about your employment status, final pay and benefits. - Review any separation agreement carefully before signing it. - Update your résumé with relevant achievements and transferable skills. - Gather permitted work records and contact trusted professional connections for support. ## Related Articles - - - - ## People Also Asked ### Q: Has RBC Confirmed the Restructuring? A: Yes. [RBC spokesperson Andrew Block confirmed the restructuring](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/). The confirmation covers the organizational changes described in the report. ### Q: What Happens to Climate and Sustainability Work? A: The bank says [Climate and sustainability, meanwhile, will be core responsibilities for the public policy group](https://www.theglobeandmail.com/business/article-rbc-cuts-high-level-climate-finance-jobs-in-unit-restructuring/), while sustainability reporting has moved into finance. Looking for your next opportunity? [Metaintro](https://www.metaintro.com) brings together 50M jobs in one place. 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