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Vancouver City Savings Credit Union
Services Auxiliary to Financial IntermediationCanada
Last verified 7 days agovancity.com
Vancouver City Savings Credit Union, commonly known as Vancity, is a leading financial institution headquartered in Vancouver, Canada. Established in 1946, Vancity has grown to become a prominent player in the services auxiliary to financial intermediation sector, focusing on sustainable banking solutions that benefit both members and the community.
With a strong presence in British Columbia, Vancity offers a range of core products and services, including personal and business banking, investment options, and insurance services. What sets Vancity apart is its commitment to social responsibility and environmental sustainability, making it a preferred choice for socially conscious consumers.
Recognised for its innovative approach, Vancity has achieved numerous accolades, solidifying its market position as a trusted credit union dedicated to empowering its members and fostering community development.
32
DitchCarbon score
-5 vs industry average
Vancouver City Savings Credit Union’s score of 32 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2023
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Vancouver City Savings Credit Union's reported carbon emissions
Vancouver City Savings Credit Union, headquartered in Canada within the "Services auxiliary to financial intermediation" industry, reported approximately 2,905,000 kg CO2e in Scope 3 emissions for 2020. This largely comprised 266,000 kg CO2e from business travel. This represents a reduction from 2019, when Scope 3 emissions were approximately 3,984,000 kg CO2e, including 740,000 kg CO2e from business travel.
Historically, in 2010, the credit union reported total emissions of approximately 4,783,000 kg CO2e, with Scope 1 emissions at approximately 1,058,000 kg CO2e, Scope 2 at about 385,000 kg CO2e, and Scope 3 at around 3,340,000 kg CO2e.
Vancouver City Savings Credit Union achieved a 9% reduction in Scope 1 and Scope 2 emissions between 2007 and 2010.
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Vancouver City Savings Credit Union’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Vancouver City Savings Credit Union7 days ago
32
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