ESG Initiative

At Member First Credit Union, we are in the process of fully committing to an ESG Policy, which stands for Environmental, Social, and Governance.

This policy involves a set of principles, commitments, and guidelines that we are incorporating into our business model.

Adopting an ESG Policy can have numerous benefits for our planet and our community, and we at Member First are committed to benefiting our community by implementing specific objectives, targets, and strategies.

Senior man and child holding blue planet in hands against spring green background. Earth day and ecology concept. Elements of this image furnished by NASA

Environmental

This section on ESG covers how Member First addresses issues related to climate change, pollution, waste, and energy sources. We take our environmental impact seriously and are fully committed to reducing our carbon footprint wherever possible. Our environmental journey has already started!

We have implemented measures such as promoting pollination with 10,000 Honey Bees living on top of our Artane branch, setting up bee hotels, and creating pollinator gardens in our branch grounds. We are also conserving energy through initiatives like Switch off Saturdays, using power meters, LED bulbs, and more.

Social

Social factors refer to the issues related to our interactions with society, our members, employees, and other stakeholders. Our primary focus is to enable financial empowerment for our community by supporting our members and employees.

Member First also provides opportunities to students through internships and transition year programs.

We’re partnered with Cloud Forests to help provide Native Irish Flora, Fauna and Forest to our local community and our country as a whole.

Governance

The Board of Member First Credit Union are a diverse and independent board comprising of volunteers who are democratically elected by the Membership, to represent the interests of our Members and our communities.

The Board through example and adherence to relevant laws, regulations, and industry best practice, uphold the highest standards of governance and ethics to ensure transparency and accountability in their activities.

The Board have ownership of Member First Credit Union’s Environmental, Social and Governance (ESG) framework, and have clear oversight of the risks and opportunities associated with ESG and have as such, set out clearly defined roles and responsibilities to meet these risks and opportunities.