Vancity named Canada’s top corporate citizen

June 7, 2016, Coast Salish Territory/Vancouver, B.C. – Vancity has been named top corporate citizen on the 15th annual list of Canada’s Best 50 Corporate Citizens in a report issued by Corporate Knights, a Toronto-based media, research and financial products company focused on clean capitalism.

“We are proud to share this national recognition with the 520,000+ members who believe in our values-based banking model and make what we do possible,” says Tamara Vrooman, Vancity’s president and chief executive officer.

According to Corporate Knights, the Best 50 ranking measures “a diverse range of Canadian enterprises on a suite of 12 sustainability metrics, including greenhouse gas productivity, per cent of taxes paid, health and safety performance and pension fund quality.”

Vancity has been among the top three on the Corporate Knights list since 2013. We were ranked first in 2013 and placed second in both 2014 and 2015.

“A strong advocate for clean capitalism, values-based banking practices and diversity, Vancity serves as a role model for smaller financial institutions worldwide,” Corporate Knights said in a news release released today. “The member-owned enterprise takes a systematic approach to ethical banking and has introduced programs to support refugees and people with poor or no credit history.”

“As owners of our financial co-operative, our members don’t just expect us to meet their financial needs, says Vrooman. “They also look to us to help build healthier communities and find local solutions to big problems like housing affordability, sustainability and social inclusion. To be recognized as being among the best of the best companies across the country is a real validation of the work we do.”

Learn more about Corporate Knights’ Best 50 Corporate Citizens, including details about its methodology.

About Vancity

Vancity is a values-based financial co-operative serving the needs of its more than 519,000 member-owners and their communities in the Coast Salish and Kwakwaka’wakw territories, with 59 branches in Metro Vancouver, the Fraser Valley, Victoria, Squamish and Alert Bay. As Canada’s largest community credit union, Vancity uses its $19.8 billion in assets to help improve the financial well-being of its members while at the same time helping to develop healthy communities that are socially, economically and environmentally sustainable.

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For more information:

Lorraine Wilson | Vancity
T: 778-837-0394
mediarelations@vancity.com