Vancity delivers second fully integrated annual report: Financial and accountability results told with stories about members

Vancouver, BC, May 8, 2012—Vancity’s 2011 Annual Report, entitled Good Money is Changing How We See Wealth, reflects the credit union’s belief that people can meet their own financial goals without trading off their need for healthy communities. Stories about members have been included in the report to show the scope of the financial, social and environmental impact Vancity helps create through its members’ deposits.

Vancity’s 2011 Annual Report, along with links to 14 members stories and a video about Vancity member Save-on-Meats, is available at vancity.com/2011annualreport. The online annual report is available as a PDF download (viewable on any device including mobile that supports PDF), as well as an onscreen flipbook viewable on desktop, iPhones, iPads, some Kobo readers, and on any mobile device that supports standards-compliant web browsing. A limited number of printed copies is available in Vancity branches.

This is Vancity’s second fully integrated annual report—previously it produced a separate Accountability Report every two years. Vancity’s reports follow the AA1000 principles of stakeholder inclusivity, materiality and responsiveness. The 2011 Annual Report was externally verified and was prepared by management in accordance with the Global Reporting Initiative's voluntary sustainability reporting content standard to application level A+.

Vancity is involved in the International Integrated Reporting Council’s Pilot Program to develop a framework for integrated reporting. The credit union is often recognized for its high standard of reporting and is an international leader in this area. Its 2010 Annual Report received recognition from one of the most informed global stakeholder audiences when it placed in the top three for Best Integrated Report at the Corporate Register Reporting Awards 2012. Vancity’s 2010 Annual Report was also a finalist for Best Integrated Report in the 2012 Social Innovation Awards, which recognize companies that have implemented groundbreaking strategies and programs that drive social and environmental responsibility and innovation.

About Vancity

At Vancity we make you good money by putting money to good. Vancity’s vision of redefining wealth incorporates personal and community well-being. Vancity has distributed $221 million to members through dividends and to communities through grants and community investment initiatives since 1994. We are a member of the Global Alliance for Banking on Values—a network of the world’s leading sustainable banks sharing the commitment to achieving triple-bottom-line impact through responsible banking practices. A Living Wage employer, Vancity is Canada’s largest community credit union, with $16.1 billion in assets, more than 479,528 members and 59 branches throughout Metro Vancouver, the Fraser Valley, Victoria and Squamish.

Media contact
Lorraine Wilson
778.837.0394