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2022 Annual Report
Leadership messages

At the heart of Vancity’s people-centred commitment to economic transformation is our identity as a co-operative.”

Rita Parikh, Chair, Vancity Board of Directors
Rita Parikh
Christine Bergeron

One of my proudest moments in 2022 came when we were named in the Globe and Mail as one of Canada’s Top 100 Employers.”

Christine Bergeron, President and CEO

Vision and business model

Our vision:
A transformed economy that protects the earth and guarantees equity for all
Megaphone
2022 highlights

People.

Vancity is committed to the principle of inclusion.

Vancity is committed to the principle of inclusion.

  • 562,259 members
  • 1.8% of employees identify as Indigenous
  • 3,666 units of affordable housing constructed or renovated with financing from Vancity

Planet.

We must work towards a climate transition that puts people at its centre and leaves no one behind.

We must work towards a climate transition that puts people at its centre and leaves no one behind.

  • Net zero by 2040 We are committed to achieving net zero across our lending portfolio by 2040
  • 5,743 tonnes of avoided emissions from financing clean energy projects

Profit.

When Vancity profits, our members profit.

When Vancity profits, our members profit.

  • $11 billion of our $34.3 billion in assets and assets under administration are focused on both generating a profit and creating positive impact
  • $138.4 million operating earnings
  • $22.1 million going back to members and communities through our Shared Success program

Governance.

The Board of Directors is responsible for ensuring good governance at Vancity.

The Board of Directors is responsible for ensuring good governance at Vancity.

  • 67% of Board Directors identify as women, transgender, and/or non-binary
  • 51% of senior managers identify as Indigenous, Black, persons of colour, 2SLGBTQIA+, gender or sexually diverse, and/or living with disabilities

Helping our members navigate unpredictable, challenging times is what we do, and it’s at the heart of Vancity.