This profile hasn't yet passed our validation checks
Submit your email to push it up the queue
Vancity Community Investment Bank
Vancity Community Investment Bank (VCIB), headquartered in Canada, is a pioneering institution in the community investment banking sector. Established in 2017, VCIB focuses on providing innovative financial solutions that drive social and environmental impact. With a strong presence across major Canadian regions, the bank is dedicated to supporting businesses and projects that prioritise sustainability and community well-being. VCIB offers a range of unique products and services, including tailored financing options for social enterprises and impact-driven organisations. Its commitment to responsible banking sets it apart in the industry, positioning VCIB as a leader in promoting ethical investment practices. Notable achievements include its role in financing projects that contribute to affordable housing and renewable energy initiatives, reinforcing its mission to create positive change in communities across Canada.
DitchCarbon Score
How does Vancity Community Investment Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vancity Community Investment Bank's score of 28 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Vancity Community Investment Bank, headquartered in Canada, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Vancouver City Savings Credit Union, which may influence its sustainability practices and commitments. Despite the lack of specific emissions data, Vancity Community Investment Bank is committed to addressing climate change through various initiatives. However, there are no documented reduction targets or climate pledges available at this time. The absence of specific targets may suggest that the bank is in the early stages of developing a comprehensive climate strategy. As a subsidiary, Vancity may align its climate commitments with those of its parent organization, Vancouver City Savings Credit Union, which could include broader sustainability goals and initiatives. However, without explicit data or targets, the specifics of these commitments remain unclear. In summary, while Vancity Community Investment Bank is positioned within a corporate family that may have sustainability initiatives, it currently lacks detailed emissions data and defined climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2016 | 2017 | 2018 | 2019 | 2020 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,058,000 | - | - | - | - | - | - | - |
| Scope 2 | 385,000 | - | - | - | - | - | 000,000 | 00,000 |
| Scope 3 | 3,340,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vancity Community Investment Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
