Planet-Wise Business Guide for Climate Action.

Welcome to Vancity’s Planet-Wise Business Guide for Climate Action. The aim of this guide is to help your business respond to the climate crisis by taking actions that reduce, or avoid generating, greenhouse gas emissions.

Why is climate action important for businesses?

Climate action reduces greenhouse gas emissions (GhGs) –the gases and pollutants, like carbon, that are warming our planet and impacting everyone here at home and around the world. Reducing GhGs lessens the effects of climate change on people, the planet, our economy, our homes, and businesses. It can cut costs and enhance business success in other ways. And it’s what many customers expect from those they do business with.

Businesses – large and small – are strengthening their competitiveness and improving their bottom-line by finding ways to reduce their greenhouse gas (GhG) emissions. They are responding to customer expectations, costs associated with energy and carbon taxes, long-term risk exposure, climate-related supply-chain disruptions, and opportunities for leadership and innovation.

Vancity’s own climate action is rooted in our goal to be a financial force for change. We were the first financial institution in North America to become carbon neutral in our operations. Recognizing the climate emergency, we set a goal to be net-zero by 2040. This will mean that the emissions from anything we finance will be eliminated or significantly reduced, and any remaining emissions will be brought to net-zero.

 

What’s driving businesses to take climate action?

Here’s what we’ve heard from businesses about why climate action makes sense:
 

 

How can my business take action?

There are so many ways for you to shrink your organization’s GhG emissions. Some are relevant to all businesses and industry sectors; some are not. Some require a budget, and some require your company to make changes to your policies and procedures, or to encourage your employees to help make change happen.

Here’s a check list of opportunities to get you started:
 

Next steps and resources.

So far, we’ve explained how you can start identifying areas for climate action that lead to reduced GhGs. The next steps of your climate action journey may include setting a net-zero target. There are many resources available from Vancity and our partners to help you reach your goals.
 

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