Accessible Reporting |  Site Map |  Feedback |  Download |  How to Join  
*
The Co-operative Bank*
*
Partners |  Partnership Report 2001 |  Our Performance |  Home
*
**
*
The Bank and its
Partners >>
 Shareholders
 Customers
 Staff & their Families
 Suppliers
 Local Communities
 National & International Society
 Past & Future Generations of Co-operators
Financial Statements 2001
Help us improve our website


*
Partners : The Bank and its Partners
*
taking action together
The bank has identified seven groups, or Partners, upon whom its continued success is dependent. Overleaf is a summary of each of the Partners, together with details of what matters most to each of them in their relationship with the bank, and an explanation of how performance is measured in these priority areas. Unlike some organisations, the bank does not define 'The Environment' as a separate Partner. The relationship between business and the 'Natural World' is essentially non-negotiable (in contrast to the relationship with suppliers, staff, etc.). The activities of the bank and its Partners are ultimately governed by Nature's limited capacity to generate resources and assimilate waste. These limits can be breached for a time, and result in habitat destruction and worsening pollution. However, it is untenable for business to continue in such a manner indefinitely, as all wealth generation is dependent on Nature. Based on this undertstanding, the bank aspires to sustainable development: development which seeks to meet today's needs and aspirations, whilst respecting Nature's limits and not compromising the ability of future generations to pursue their own aspirations. For this reason, the bank assesses the degree to which value is delivered to each Partner in an ecologically sustainable (and socially responsible) manner.

Women working
ActionAid has made real improvements to the lives of millions of poor people in Africa, Asia, Latin America and the Caribbean. To support their work, the bank launched a standard and gold Visa credit card for ActionAid supporters in August 2001. The partnership has raised over £30,000 for the charity to date.
Continue to: Shareholders Back To Top

The above data and commentary has been audited by ethics etc...