Purpose-led financial cooperative continues to meet highest social and environmental standards
Surrey, B.C. - November 19, 2025 - Coast Capital is pleased to announce its recertification as a B Corporation for a third consecutive time, reaffirming the credit union’s commitment to meeting the highest standards of social and environmental performance, accountability, and transparency.
The B Corp certification, awarded by nonprofit B Lab, recognizes companies that are purpose-driven and create benefit for all stakeholders by considering the impact of their decisions on workers, customers, suppliers, community, and the environment. Recertification occurs every three years and requires companies to demonstrate continuous improvement.
“We are incredibly proud to be part of the B Corp community,” says Maureen Young, VP Social Purpose, Coast Capital. “We believe business has an important role to play in building a better world, and we’re continually advancing our practices to drive positive change for all our stakeholders and collaborating with others in the ecosystem to scale our impact. It’s very rewarding to be part of the growing community of B Corps in Canada and beyond.”
Since earning its initial B Corp certification in 2018, Coast Capital has achieved significant milestones that contributed to a 21% increase in its overall score. The organization now holds an impressive 121.9 on the B Impact Assessment—well above the minimum requirement of 80 points. See the credit union’s B Corp profile for more detailed information on the credit union’s score across all five B Corp impact areas.
Driving this significant increase is Coast Capital’s commitment to embedding purpose across every facet of the organization—from partnerships and products to services and employee programs—ensuring that all business lines contribute to meaningful change. The score improvement also reflects the credit union’s robust Equity, Diversity, and Inclusion action plan and its unwavering commitment to climate action, both of which serve as foundational pillars guiding how Coast Capital delivers impact and builds better futures together.
As B Corp standards continue to evolve, Coast Capital remains committed to embracing change and pushing forward, amplify its impact and ensuring the organization’s practices remain aligned with the highest benchmarks for social and environmental performance.
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About Coast Capital
At Coast Capital, we’re not dreaming about a better future, we’re building one. We’re a member-owned financial cooperative with a more than 80-year legacy of unlocking financial opportunities that positively impact people and communities. We believe that every Canadian deserves a financial partner who actually cares how things turn out. Driven by our social purpose, we look at everything we do through the lens of how we can help our nearly 600,000 members, our employees, and communities. We’re proud to be a Certified B Corporation™, recipient of the Greater Purpose 2025 Social Purpose Company of the Year Award, and part of a global movement building a more inclusive, equitable and regenerative economic system. Each year, we invest 10% of our budgeted bottom line into our communities totaling more than $100M invested since 2000. We’re deeply committed to making our financial cooperative a great place to work as demonstrated by some of our accolades. Coast Capital is a platinum member of Canada’s Best Managed Companies and one of Canada’s Most Admired Corporate Cultures. To learn more, visit us online at coastcapitalsavings.com.