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The Co-operative Bank*
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Social Responsibility |  Indicators |  Partnership Report 2001 |  Our Performance |  Home
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Introduction
 Ethical Policy
 Finance: Ethical and Ecological Screening
 Suppliers: Ethical and Ecological Screening
 Suppliers: Attitudes Towards the Bank's Ethical and Ecological Policies >>
 Finance: Tailored Ethical Products and Services
 Staff: Equal
Opportunities
 Customers: Equal Opportunities
 Health and Safety
 Community

Delivering Value
 Ecological Sustainability

Financial Statements 2001

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Social Responsibility : Suppliers: Attitudes Towards the Bank's Ethical and Ecological Policies
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attitudes towards the bank's ethical and ecological policies
  1. Suppliers: attitudes towards the bank's ethical and ecological policies
Suppliers Society
  1. As part of the tendering process, all potential suppliers will be requested to submit information on their company's equal opportunities policy. This information will be evaluated as part of the tender process. TARGET ACHIEVED *
  2. Increase the percentage of suppliers who are aware that the bank operates ethical and ecological policies to 75%. TARGET ACHIEVED *
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performance
Awareness of the Bank's Ethical and Ecological Policies
* Aware   * Not aware / Don't know
Belief that the Bank is Fully Committed to Ethical and Ecological Issues
* Yes   * No   * Don't know
Rating of the Bank's Knowledge of Ethical and Ecological Issues
* Very good   * Quite good   * Not very good   * Not at all good   * Don't know
How Bank's Knowledge of Ethical and Ecological Issues Rates in Comparison with Other Companies
* Very favourably   * Quite favourably   * Not very favourably   * Not at all favourably   * Don't know
Bank's Ethical Stance has Made an Impact on the way the Supplier Operates
* Yes   * No   * Don't know
commentary
Awareness Two-thirds of suppliers (2000: 61%) are spontaneously able to name one aspect of the bank's ethical, ecological or partnership policies. Over three quarters of suppliers are aware of these policies when presented with a list. 70% of suppliers are aware of the bank's Ethical Policy, 58% of the Ecological Mission Statement and 48% of the Partnership Approach. Tender documents highlight the Ethical Policy and Ecological Mission Statement and request appropriate information from suppliers for screening purposes. Follow this link for further details of the ethical and ecological screening of suppliers.

Impact The bank's policies are more likely to have made an impact on continuous suppliers (40%) than on ad hoc suppliers (18%). The most frequently mentioned impacts are increased awareness of ethical and ecological issues, increased recycling and increased use of sustainable products and services. Three quarters of the bank's suppliers stated that the bank had not made an impact on the way they do business. This is not surprising given that, in the majority of instances, the bank constitutes a small proportion of each supplier's business. For 57% of suppliers, the bank's business represents less than 1% of their turnover. 		*
new targets
  1. Hold further events with suppliers to continue raising awareness and understanding of practical approaches to ecological sustainability.
    Chris Mottershaw, Purchasing Manager/Liz Thompson, Ecological Analyst

  2. Ensure that 75% of suppliers continue to be aware of the bank's ethical and ecological policies.
    John Sheerin, Purchasing and Facilities Manager

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