__________________________________________________________________________________________________ Coast Capital
Coast Capital is a proud certified B Corporation , a business meeting high standards of verified performance , accountability , and transparency
governance , and shown transparency regarding its employee benefits , charitable giving , supply chain practices , and more .
In short , it demonstrates the Canadian credit union ’ s commitment to an inclusive , equitable , and regenerative economy . “ In all honesty , that B Corp status has become one of our guiding stars ,” says Andreas . “ We learned a lot in the process of becoming a B Corp from a procurement standpoint ,” he reveals . “ It means tracking our supplier spend differently , including diversity , and – more broadly – unravelling the historical way we had been doing things . We partner with locally owned suppliers , like Millcreek , for instance , which is a priority within B Corp organizations .
“ Naturally , that was a challenge at first . However , with weekly meetings , we worked as a unit to carve out a new way of doing things , which meant also setting new environmental , social , and governance and net zero targets .
“ We ’ re really excited about where this will go in the future ,” concludes Andreas . “ Year after year , we ’ ll report on our progress as a B Corp , continuing to get better and better . We ’ ve already made a monumental improvement on last year , and we ’ re always keen to incorporate new revisions to our existing procurement model . So , watch this space !” ■
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