How credit unions can help build a green economy
First look inward at your own operations, then look around.
Financial institutions have a vital role in expediting to play in the shift to a green economy. Credit unions, with their strong ties to members and local communities, are uniquely positioned to drive positive change and enhance their reputations as outstanding corporate citizens. Financial cooperatives can make an impact through three main avenues: assessing the environmental footprint of their operations, evaluating their investments and lending practices, and engaging with stakeholders.
Looking Inward: Operational Environmental Footprint
How do your operations and value chain support a green economy? Are there actions you are taking or could be taking to increase your positive impact? Start small, think big, and engage your employees in the process. Look for opportunities to:
- Reduce energy use or power your operations with renewable energy
- Example: East Coast Credit Union (with more than $1 billion in assets in Dartmouth, Nova Scotia) is powering all 20 branches and 30 ATMs across Nova scotia will Bullfrog Power’s green electricity
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