RBC Investor & Treasury Services Malaysia | WWF Malaysia

RBC Investor & Treasury Services Malaysia



Under the global RBC Blue Water Project, Royal Bank of Canada is embarking on a three year partnership with WWF-Malaysia to support its freshwater conservation efforts entitled ‘Safeguarding Water Security as an Important Natural Capital in Klang Valley’. 
 
Klang Valley is the heartland of Malaysia’s industry and commerce. It is currently home to about 7.2 million people or more than a fifth of Malaysia's total population, and in 2014, Klang Valley was faced with one of the worst water crises in decades.
 
A prolonged dry spell and continued high demand for water led to drastic drop in water levels in most dams supplying water to the Klang Valley area. This caused the Selangor state government to impose a water rationing exercise from 28 February to 1 May 2014, affecting hundreds of thousands of households and businesses.
 
A water crisis is an outcome of a threat to water resources, which causes reduced availability of water. More specifically, the threat of a water crisis affecting the people directly is realised when there is not enough potable water for use and consumption. The major factors contributing to this situation are: growing fresh water (or potable water) use and depletion of usable freshwater resources. These can be further explained by the massive growing population on top of the expanding economic activities that have been worsened by inefficient and irresponsible water consumption as well as water pollution that reduces freshwater usability.
 
The project will involve advocacy with strategic agencies, relevant studies as well as outreach to increase awareness and mobilise action among targeted water user groups in the Klang Valley.

RBC’s partnership with WWF-Malaysia is aligned with the organisation’s global commitment to help local communities prosper. RBC has a significant presence in Malaysia, opening its first office in 2008 and today employing more than 800 people in Cyberjaya and Kuala Lumpur.
 
	© RBC Investor Services Malaysia
RBC Investor Services Malaysia Sdn. Bhd
© RBC Investor Services Malaysia
 
	© Photo courtesy of RBC
RBC Water Project
© Photo courtesy of RBC
 
	© Photo courtesy of RBC
RBC Water Project
© Photo courtesy of RBC

RBC is proud to partner with WWF-Malaysia to help protect the world’s most precious resource: fresh water. Growing demand for water and inefficient consumption is contributing to shortages in the Klang Valley. By promoting responsible use and instilling knowledge on good water conservation practices, we hope to safeguard local water for future generations.

Andy Allen, Managing Director, Malaysia, RBC Investor & Treasury Services.