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- Over the years we’ve continually developed our Ethical Policy to help tackle our customers concerns, such as refusing to support the activities of oppressive regimes happening around the world, saying no to animal testing for cosmetics, supporting Fairtrade, and not financing fossil fuel extraction.
www.co-operativebank.co.uk/about-us/our-history/
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With a customer-led Ethical Policy since 1992, we give you a say in how your money is used. By choosing us, you’re choosing to withdraw from the financing of fossil fuels, oppressive regimes, unethical labour practices, and so much more. We’re the bank you can hold to account. We’re The Co-operative Bank. Join today.
- What We Do for The Planet
The Co-operative Bank, Platform, smile and Britannia are...
- Our History
Over the years we’ve continually developed our Ethical...
- Our customer-led Ethical Policy
The answers formed the basis of our Ethical Policy. It...
- What We Do for The Planet
Over the years we’ve continually developed our Ethical Policy to help tackle our customers concerns, such as refusing to support the activities of oppressive regimes happening around the world, saying no to animal testing for cosmetics, supporting Fairtrade, and not financing fossil fuel extraction. In the 2000s.
The answers formed the basis of our Ethical Policy. It outlines our commitments to you, our customers, on how we use (and won’t use) your money, and how we act as a business. The first version of the Ethical Policy included restrictions on oppressive regimes and animal testing.
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- Politics
- Environment
- People
The Co-operative Bank is one of the banks leading the field when it comes to ethical lending and investment policies. It has polled its customers and stakeholders regularly since 1992 to shape its customer-led ethical policy. It’s because of this policy that we have recommended the bank for many years in our finance guides. The Co-operative Bank lo...
The Co-operative Bank has a policy against investing in several environmentally damaging areas, such as: 1. the exploration, extraction or production of fossil fuels 2. exploration or extraction of minerals using deep seabed mining 3. the degradation of areas that are critical stores of irrecoverable carbon 4. the manufacture of chemicals that are ...
In regards to human rights, the bank says it has a commitment to not providing banking services to any business or organisation that for example: 1. fails in its responsibility to respect human rights and all elements of international human rights and humanitarian law applicable to business 2. manufactures or transfers indiscriminate weapons, tortu...
Feb 16, 2017 · The support from customers — founded on the Co-op Bank’s ethical commitment, which marks it out from rivals — is now facing its toughest test yet.
Jul 5, 2019 · The Co-operative Bank has recently supported more than 600 co-ops, reduced its carbon emissions by 39%, and refused to give accounts to businesses associated with oppressive regimes and poor labour standards, according to its newly published Values and Ethics Report 2018.
The result was an Ethical Policy promising customers that their money would not fund, among other things, human rights abuses, animal testing of cosmetics and arms sales to oppressive regimes. The bank has turned away over £1 billion in business from copmanies which breach the Policy.
