The Royal Bank Regenerate Fund
Applications for the Royal Bank Regenerate Fund have now closed. If you require an update on an existing application, please visit Neighbourly's support page.
The way we use money today affects the world of tomorrow. That’s why in the summer of 2023 we launched the Royal Bank Regenerate Fund, in partnership with Neighbourly, to support sustainability projects across Scotland.
Here at Royal Bank, we believe that by taking action together we can achieve a greater impact, and that's why we used the Regenerate Fund to support those determined to make a difference by giving fifty £3,000 grants to causes in Scotland undertaking a sustainability project.
Royal Bank Regenerate Fund criteria
To be eligible, the project needed to meet certain criteria and align to one of the following four categories.
- Energy Efficiency & Buildings e.g. enhancing the energy efficiency of your clubhouse through insulation, LED lighting or renewable energy generation etc.
- Environment, Nature & Biodiversity e.g. a rewilding project to boost and protect the biodiversity of your local area.
- Food, Water and Waste e.g. a communal allotment or pantry project that helps fight food waste in your community.
- Transport/Mobility e.g. the installation of bike racks or EV chargers at your clubhouse to help encourage low-carbon transport.
Applications for the fund were managed through our partner, Neighbourly. If you need any help with an existing application please visit their support page.
We’re helping causes in your community in partnership with Neighbourly
How the Fund is helping to make a difference
Pitreavie Athletics Club
“We’re making energy-saving improvements so our clubhouse runs as well as our athletes.”
"We’re fighting waste by giving a second life to essential products to help people get back on their feet.”
Bike For Good
“We’re helping more people switch up four wheels for two.”
The Royal Bank of Scotland is part of NatWest Group. At NatWest Group we want to deliver a more sustainable economy and future for the customers and communities we serve and helping to address the climate challenge – one of the biggest issues of our time – lies at the core of our purpose.
We recognise that we still must do more to achieve our climate ambitions. NatWest Group has become the first UK bank, and one of the largest banks globally to date, to have science-based targets validated by the Science Based Targets initiative (SBTi) and we have also published the initial iteration of our climate transition plan which outlines the steps we aim to take to at least halve the climate impact of our financing activity by 2030 and achieve our net zero climate ambition by 2050.
As a Group, we’ve stopped lending and underwriting to major oil and gas producers unless they had a Credible Transition Plan aligned with the 2015 Paris Agreement in place by the end of 2021. From February 2023, we do not provide reserve-based lending specifically for the purpose of financing oil and gas exploration, extraction and production for new customers, and, after 31 December 2025, we will not renew, refinance or extend existing reserve-based lending for these purposes.