Kindred Credit Union

Observing Organization

Kindred Credit Union logo

Reduction commitment: Observing Organization in Milestone 3

Business Type: Finance & Insurance

Kindred Credit Union (Kindred) is a member-owned financial cooperative based in Kitchener, Ontario. Kindred’s values-centred approach is woven into everything we do and makes us the one-of-a-kind choice for people across Ontario who want to connect their values and faith with their finances.

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Notable GHG Reduction and Sustainability Projects: 

2016

Social Responsibility Recognition: Kindred received the Canadian Credit Union Association’s Social Responsibility Award or becoming the first financial institution in Canada to offer all of their Guaranteed Investment Certificates as socially responsible ones.

B Corp Certification: Kindred has become a certified B Corp member as of December 2016.

2015

Continued E-statement Campaign: Donating $5 to the MCC for every member switching from paper to electronic statements.

Virtual Desktop Infrastructure: Transitioned 90 desktops to thin-client virtual machines, resulting in energy savings of 15,000 KWH at a cost of $100,000.

2014

New HVAC unit in New Hamburg Branch

2013

Payroll Forms Online Integration: Payroll statements were printed for all staff (175 est.) every two weeks and now they are all online.

New Efficient Branch: Kitchener branch moved to a new building which is more efficient. Improvements include: lighting, heating/cooling and water usage.

E-statement Campaign: Switching to e-statements, when members switched it included a donation for MCC Trees for Haiti ($5-10 for every member that switched – 141 in total).

2012

Solar Rooftop System: Installed a 7 kW solar rooftop system at its Waterloo branch, and by financing solar, geo-thermal heating/cooling, and eco-energy upgrades through its ‘Creation Care Loans’ program, they seek a faith-based response to energy issues.

Waste Diversion – Composting: Started an informal composting initiative at MSCU’s Head Office with several staff taking home green bin materials (twice/week).

 

Sustainability Culture:

MSCU has an informal “green network” among the staff. MSCU’s main driver for sustainability efforts is its Stewardship in Action program, which works to also advance peace, social justice and mutual aid initiatives. The program takes responsibility for planning and communicating activities. Informal staff initiatives are also affirmed for their efforts. Recently, these have involved composting, paper reduction, and purchasing ideas.

Sustainability Goals:

  1. Put together a plan (long-term sustainability initiatives) for the next 3-5 years.
  2. Set a GHG reduction target
  3. Improve energy efficiency
  4. Sustainable policy development


 Accomplishments:

Corporate Award for Outstanding Charitable Achievement (2013): Present by the Ontario Credit Union Charitable Foundation, which included MSCU’s sustainability initiatives.

Benjamin Janzen was awarded the National Credit Union Young Leader Award and Scholarship by Credit Union Central of Canada and one of five World Young Credit Union Professional Scholarships from the World Council of Credit Unions for leading the Stewardship in Action program, which includes sustainability.

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Member Profile Video:

Mennonite Savings and Credit Union – Member Profile

 

Social Media Links

Facebook: https://www.facebook.com/KindredCU/

Twitter: https://twitter.com/kindredcu

LinkedIn: https://www.linkedin.com/company/kindredcreditunion