ESG Principles
Alignment
We will align our business strategy to be consistent with and contribute to our members’ needs and society’s goals, as expressed in the credit union operating principles and the UN Sustainable Development Goals.
Impact & Target Setting
We will continuously increase our positive impacts while reducing the negative impacts on, and managing the risks to, people and environment resulting from our activities, products and services.
Members & Communities
We will work responsibly with our members and our communities to encourage sustainable practices and enable economic activities that create shared prosperity for current and future generations.
Stakeholders
We will proactively and responsibly consult, engage and partner with relevant stakeholders to achieve society’s goals.
Governance & Culture
We will implement our commitment to these Principles through effective governance and ensure that ESG initiatives will always be part of the Strategic planning process within the credit union.
Transparency & Accountability
Annually, we will review our individual and collective implementation of these Principles and be transparent and accountable for our positive and negative impacts and our contribution to society’s goals.
By embedding ESG into our credit union operations, our lending and investment decisions we create value for our business by driving innovation, expanding our value proposition, deepening relationships with our key stakeholders, attracting and retaining top talent.
We are committed to actively engaging with our members, employees, and other stakeholders to gather feedback and insights on ESG matters. This engagement will guide our policies and initiatives.
We maximize the positive impact of our ESG actions and the value they deliver for our business by following six strategic ESG principles:
01
Alignment
We will align our business strategy to be consistent with and contribute to our members’ needs and society’s goals, as expressed in the credit union operating principles and the UN Sustainable Development Goals.
02
Impact & Target Setting
We will continuously increase our positive impacts while reducing the negative impacts on, and managing the risks to, people and environment resulting from our activities, products and services.
03
Members & Communities
We will work responsibly with our members and our communities to encourage sustainable practices and enable economic activities that create shared prosperity for current and future generations.
04
Stakeholders
We will proactively and responsibly consult, engage and partner with relevant stakeholders to achieve society’s goals.
05
Governance & Culture
We will implement our commitment to these Principles through effective governance and ensure that ESG initiatives will always be part of the Strategic planning process within the credit union.
06
Transparency & Accountability
Annually, we will review our individual and collective implementation of these Principles and be transparent and accountable for our positive and negative impacts and our contribution to society’s goals.
