Vancity invests in carbon credits to offset carbon footprint
What happens when a carbon management provider and a credit union pair? Steps are taken in the name of a low-carbon future.
Vancity announced that it will continue to offset its carbon footprint with an investment in carbon credits for the 2010 year provided in part by the Vancouver-based Offsetters. In turn, Offsetters will invest in high quality and verified projects, resulting in the reduction of greenhouse gas emissions. The partnership between these two Canadian companies goes back to 2008 when, with the help of Offsetters, Vancity became North America’s first financial institution to achieve carbon neutrality.
“We’re proud to work with Vancity, a true industry leader and an inspiration for other large, forward-thinking organizations,” said Kari Grist, senior vice president marketing and client engagement for Offsetters. “Vancity was instrumental in our own success: when we were just starting up, Vancity provided us with a grant. It feels good that, today, we’ve come full circle, helping Vancity on a green journey all their own.”
“We applaud Vancity on their continued commitment to the environment and to carbon neutrality,” said Grist. “By taking these important steps today, Vancity is, once again, demonstrating that being carbon neutral can be good for business and our communities.”
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