GABV Members Scoop Major Awards

Two of the Global Alliance for Banking on Values (GABV) members have been recognized on national and international stages in recent days. Vancity has been ranked as Canada’s best corporate citizen from a list of the Top 50 Socially Responsible Companies in the country, while GLS Bank, in Germany, has picked up the Financial Times Sustainable Bank of the Year award, in the European category. At the same time, the GABV itself has won a special award from Italy’s Green Globe Banking in the light of its work promoting values-based banking internationally.

The Canadian accolade recognizes Vancity as a leader in providing member-focused financial services that combine economic, social and environmental factors to achieve success.

‘Being recognized by Corporate Knights as the Best Corporate Citizen in Canada validates the success we achieve with our members by focusing on financial services that are built on human-focused values,’ said Tamara Vrooman, President and CEO. ‘We’re a financial cooperative, owned by the people we serve, so we are very much in tune with the needs and desires of our members and the communities where they live.’

Corporate Knights, a national organization which works to promote and celebrate clean capitalism through advocacy, investment advisory services and public policy initiatives ranked Vancity as the #1 Corporate Citizen in Canada.

Only a few days later, at a special event on 13 June, GLS Bank won the European category of the Sustainable Bank of the year Awards. Now in their eighth year, the Financial Times/IFC Sustainable Finance Awards, are widely regarded as leading awards for environmentally and socially responsible banking and investment. The 2013 Awards attracted a record 254 entries from 164 financial institutions and 57 non-financial groups in 62 countries.

The awards were presented at a special dinner in London attended by around 200 senior decision-makers in finance and sustainability. You can find the full list of winners here.

The GABV itself has won an ‘Honourary Award’ for its work promoting values-based banks globally. Italy’s Green Globe Banking announced the award at a special ceremony on 21 June.

For more information on the GABV, visit

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James Niven
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