Reducing a credit union’s carbon footprint and increasing its business results through sustainability efforts are all about setting goals that make a difference—plus taking one key step—contends United Nations FCU.
Following natural disasters, credit unions traditionally step in to help members regain their footing through low-interest loans, lines of credit and other emergency initiatives. But the same climate risks can affect the credit unions as well.
United Nations Federal Credit Union (UNFCU) today published its 2021 Impact Report, detailing strong progress on corporate social responsibility (CSR). UNFCU demonstrated direct action on 14 of the 17 UN Sustainable Development Goals (SDGs)
In case you missed it, you can watch the first United in Sustainability Network of 2022 on YouTube!
Since its inaugural credit union sustainability summit at UN headquarters in 2018, the United Nations Federal Credit Union (UNFCU) established a movement. The United in Sustainability (UIS) Credit Union Network is a platform for ongoing engagement on climate resiliency and socio-economic equality.
Visit bank.green/certification to find out how your bank can join the Fossil Free Banking Alliance and become Fossil Free Certified.
Sustainable finance has become the fastest, growing concern for credit unions and its potential regulation. Sustainable finance regulations would be more favorable to financial inclusion, made possible by Panya Monford and Andy Price of World Council of Credit Unions’ International Advocacy team.
From lending off the grid to feeding appetites and wallets — and much more in between — VSECU supports quality of life for members, business, and communities across the state of Vermont.
Corporate finance leaders are increasingly stepping up to help their companies deliver on racial and economic justice commitments. Most are enthusiastic about doing it, I’ve found in regular conversations with treasurers and CFOs, but some hesitate at the threshold of moving a big chunk of money. Impact deposits and investments are a new, unanticipated part of their jobs, and they don’t have accepted models to follow.
Federal credit unions have an inherently strong, socially conscious business model. Demonstrating the many ways that they may positively impact society can address consumers’ growing interest in choosing a financial institution that aligns with their values.