Vancity – The Champion of Corporate Social Responsibility Financial Organization
From green initiatives to social equity, Vancity creates a better world.
March 16th, 2025
In an attempt for sustainable and equity future, Vancity has introduced two projects, Share Success Program and Vancity Grant Programs. These programs are working on climate change, reconciliation, financial inclusion, affordable housing, and equity and anti-racism projects for a better future world. The Share Success Program started in 1994, and it has been sharing 30% of the net profits of each year to the members and community initiative projects until now. Vancity Grant Programs include distinct funds related to the community and environmental responsibility, with the first fund started in 1986.
Vancity believes that our actions can make a difference in the world. From Kelly Hirsch, Vancity Investment Management’s Head of ESG: “When we invest for our clients…we actively engage with companies to enhance their practices, advocate for responsible environmental stewardship, and ensure social responsibility.” In cooperation with the climate action in the programs, Vancity is on its journey to net-zero emissions by 2040. The carbon emission from their finance activities will be significantly reduced to achieve net zero. Since inclusion is its cornerstone, it was the first financial institution in Canada to allow women to lend money by themselves. After years of working on the affordable housing area in the programs, it has impressive help in the finance. With 5,658 affordable rental units, 96 loans to community organizations, and $39 million to develop affordable housing. Regarding the reconciliation commitment, Vancity has been working closely with the First Nations government and provides equitable access to financial services. Racism and inequality don’t occur in Vancity because it is committed to bringing an equitable environment to everyone. The commitment to continue the BlackNorth pledge since 2020 and also a commitment to leadership diversity.
Vancity is a financial cooperative that prioritizes value in Vancouver. It assists in building sustainable residences, communities, and businesses, as well as reducing the negative environmental effect of its operation. With a history of supporting people and protecting the earth, Vancity has been continuing the work with the guidance of its value and mission. Reconciliation has become the core value at Vancity, where it commits to enhancing equity and access and building meaningful relationships with Indigenous partners. Its mission is to use financial tools for social and environmental improvement. This financial institution serves as a place beneficial to both people and the planet.
To achieve a sustainable and equitable future, we should cooperate with Vancity to support these projects, Share Success Program and Vancity Grant Programs, as soon as possible. Don’t forget to choose Vancity as a corporate social responsibility financial institution. We promise to bring benefits to both your wallet and our planet. Join us now on our website, www.vancity.com, and social media platforms, Vancity, for the latest update.
Le Nguyen Thao Do
Public relations student
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