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Vancity publishes 2006-07 Accountability Report

Vancity publishes 2006-07 Accountability Report

Published 10-08-08

Issued by Vancouver City Savings Credit Union

Summary

The report covers more than a 100 performance measures, such as Board compensation, greenhouse gas emissions, employee turnover, member loyalty rates, & community investment

Report Highlights

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In an age when consumers are increasingly scrutinous of corporate behaviour, Vancouver City Savings Credit Union (Vancity) continues to lead the way in corporate transparency with its sixth Accountability Report. The report is a public account of the credit union and its subsidiaries' economic, social, and environmental performance against the commitments made to members and employees. To view the 2006-07 Accountability Report, go to www.vancity.com/accountability07

The report covers more than a hundred performance measures, such as Board compensation, greenhouse gas emissions, employee turnover, member loyalty rates, and community investment.

New this year is discussion on the top issues identified by members, including the war for talent, affordable housing, and the asset-backed commercial paper issue. The report also meets the Global Reporting Initiative voluntary report content standard of G3, level A+, making it the first financial institution in North America to attain this level. Vancity's last report won "Best Sustainability Report" in the North American Ceres-ACCA Sustainability Reporting awards.

Vancity is Canada's largest credit union, with $14.1 billion in assets, 400,000 members, and 59 branches throughout Greater Vancouver, the Fraser Valley, Victoria and Squamish in British Columbia. Vancity is guided by a commitment to corporate social responsibility and to improving the quality of life in the communities where we live and work.

Vancouver City Savings Credit Union

Vancouver City Savings Credit Union

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