Where you bank matters. Every time you put money in a bank account, you're giving decision-making power over where your money goes, what gets funded, and who benefits.
That means, even if you do your best to be sustainable in your everyday life, your bank may still be investing in fossil fuels.
Vancity members know their money works for things that matter, like climate action.
Vancity has five climate commitments to help build a clean and fair world.
Our ambition is to make Vancity net-zero by 2040 across all our mortgages and loans. That means the carbon emitted from anything we finance will be eliminated or significantly reduced, with any remaining emissions being brought to net-zero.
We will help our members invest for the future we need by offering only responsible investment options that can demonstrate the integrity of their Environmental, Social and Corporate Governance (ESG) screening and stewardship process.
We focus our work in financial and social inclusion to provide banking and other solutions to help people who are affected by the climate emergency, as well as those seeking support in transitioning to cleaner and more sustainable living.
We encourage change within the financial services sector by accurately measuring and openly reporting on how our own actions are improving the well-being of people, communities and the environment. We aim to continue implementing, testing, and helping improve emerging international standards for climate and impact reporting.
We will live our values in our daily decision-making in order to serve the diverse needs of our members, staff, and communities. We will do our part across our operations to contribute to a just climate transition.
The climate emergency requires immediate action. It also demands a bold vision for a resilient economy that works for more people, so nobody is left behind as we transition to a cleaner economy.
How do we fund climate action? A portion of day-to-day deposits go towards community investments to support initiatives that promote sustainable jobs, decarbonization of businesses, and partnerships to help more people be part of the climate transition.
Join the movement. It's time to put your money where your values are.Join Vancity