Ethics at The Co-operative Bank
The Co-operative Bank’s Ethical Policy is based on extensive consultation with customers and reflects their ethical concerns surrounding how their money should and should not be invested. It also informs the The Co‑operative Bank's choice of partners and suppliers.
The policy covers the following issues:
- Human Rights
- The Arms Trade
- Corporate Responsibility and Global Trade
- Genetic Modification
- Social Enterprise
- Ecological Impact
- Animal Welfare
During 2005, The Co-operative Bank turned away some 30 businesses whose activities were in conflict with their customers’ ethical concerns. As a result, income worth some £10 million was denied to the Bank. At the same time, significant monies were directed to businesses whose activities were supportive of the Bank's customer’s ethical priorities.