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The Co-operative Bank*
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Ecological Sustainabilty |  Indicators |  Partnership Report 2001 |  Our Performance |  Home
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Introduction
Ecological Mission Statement
Environmental Management
Energy
Water
Persistent Bio-Accumulative Chemicals
Transport and Emissions to Air >>
Reduce, Reuse, Repair, Recycle
Paper and Printing
Hotels
Land Occupied and Biodiversity Impact
Finance: Tailored Ecological Products and Services

Delivering Value
Social Responsibility

Financial Statements 2001

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Ecological Sustainability : Transport and Emissions to Air
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transport and emissions to air
  1. Transport: business mileage (Operations)
  2. Transport: carbon dioxide emissions (Operations)
  3. Transport: sulphur dioxide emissions (Operations)
  4. Transport: nitrogen oxide emissions (Operations)
  5. Transport: particulate emissions (Operations)
  6. Transport: volatile organic emissions (Operations)
Staff Suppliers Communities National

  1. Maintain the downward trend in the environmental impact of the bank's car and van fleet. TARGET ACHIEVED tick
  2. Develop conversion factors for SO2, particulates, NOx and VOCs to cover air, rail and freight. TARGET ACHIEVED tick
  3. Research and, if warranted, facilitate the introduction of a secure Car Share Scheme for staff in their travel to and from work. TARGET NOT ACHIEVED cross
  4. Draw to the attention of staff the bank's interest-free season ticket loan. TARGET ACHIEVED tick
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performance
Total Number of Company Vehicles
Carbon Dioxide Emissions Arising from Transport (tonnes)

Carbon Dioxide Emissions Arising From Transport per Customer Account
Business Mileage
*Excludes freight.
Other Emissions to Air (Cars)
Other Emissions to Air (Rail and Air)
Follow this link for details of all conversion factors used in this report.
commentary
Background If no action is taken, UK road traffic is predicted to rise by a third over the next 20 yearsii. Although new vehicle models are producing fewer emissions, this will be more than outweighed by their number and the distances people drive. Road traffic is one of the largest contributors to greenhouse gas emissions that cause climate change. It also adds substantially to local air pollution.

Company car fleet For the past two years, the bank has sourced company car vehicles principally from Peugeot and, historically, has taken unleaded petrol models from the 306, 406 and 806 ranges. However, in 2001, diesel vehicles were added to the bank's range following the development of a model that incorporates a particulate trap. Approximately 70% of fleet drivers opted for this new, more environmentally sound model when reviewing their cars in the last quarter of 2001. The particulate trap works by destroying microscopic particles before they can leave the engine, thus virtually eliminating emissions which are a major contributor to various lung ailments. High particulate emissions were the primary reason for the bank previously deciding not to purchase diesel vehicles. In time, this change in the bank's fleet profile will make a significant contribution to reduced CO2 emissions, as the bank's diesel vehicles emit around 15 to 30% less CO2 than equivalent petrol vehicles. Additionally, the bank estimates that by switching to this model, drivers will be on average £700 better off due to a reduction in fuel costs and preferential 'Benefit In Kind' taxation.

Carbon dioxide emissions Total bank mileage has increased by 300,000 miles, or 5%. This is largely due to an increase in employee car travel. However, the introduction to the bank's company car fleet of the diesel vehicles, together with reduced mail freight, has contributed to a 3% reduction in total CO2 emissions (with CO2 emissions per customer account down by 6% compared with 2000).

Video conferencing Following the trial of video conferencing facilities in Head Office, Manchester, and Prescot St, London, a further trial unit was installed in Delf House, Skelmersdale, in October. During 2001, a total of 36 meetings made use of video conferencing facilities, which saved 16,351km of rail travel and 72,592km of air travel. This resulted in a saving of 12 tonnes of CO2. Much greater reductions are anticipated as staff become more comfortable with the technology.

Personal travel For more than 10 years, the bank has offered interest-free loans for public travel season tickets. During 2001, 97 such loans were taken up by bank staff. This low take up is despite featuring articles on the loan scheme within the bank's staff magazine, Banknotes. Uptake of loans, has regrettably fallen each year since 1997, when 213 were taken out.

Freight The movement of the bank's freight, principally mail, cheques and cash, is carried out by three firms. During 2001, Consignia handled 9.2% less of the bank's external mail. Securitas UK provides the bank with mileage incurred for carriage of cheques and cash. Securicor is currently unable to provide data.

Other emissions This year, the bank has expanded its reporting of sulphur dioxide (SO2), nitrogen oxides (NOx), particulates and Volatile Organic Compounds (VOCs). Emissions of SO2 have reduced significantly (51%) as a result of the rapid penentration on to the market of low sulphur fuels. The greater use of diesel fleet vehicles has led to a reduction of VOCs, whilst the penetration of three-way catalytic converters into the cars of employees has reduced emissions of NOx and VOCs. In total, NOx and VOCs from cars have fallen by 58% since 2000.

Environmental Transport Association (ETA) Throughout 2001, the bank has worked with the ETA to provide road rescue breakdown for its corporate customers, who also enjoy a special rebate. For more information, call ETA Fleet Membership department on 0800 212 810, quoting reference 16554001.

Benchmark By comparison, according to their 1999/00 Environmental Report, Credit Suisse Group air travel amounts to 1,900 km per employee and land travel amounts to 75 km per employee (cf 94.5km and 2,356km per employee at The Co-operative Bank). It should be noted that Credit Suisse Group has operations world-wide, whilst The Co-operative Bank is largely UK based.
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ethical and ecological value analysis
  • Annual cost of providing interest-free season ticket loans totalling £141,431 (based on a discount rate of 8%) amounts to – £11,000
  • Since 1997, car hire has reduced by 40 vehicles per week, leading to an annualised cost saving of – £74,000
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new target
  1. Maintain the downward trend in the environmental impact of the bank's car and van fleet.

    John Sheerin, Purchasing and Facilities Manager/Mark Henry, Business Analyst

  2. Explore the possibility of working with the bank's chosen car hire provider to utilise more environmentally sound options.

    Chris Mottershaw, Purchasing Manager/Becky Toal, Ecological Analyst

  3. Re-emphasise the bank's interest-free season ticket loan scheme to all staff.
  4. Encourage staff to use the video conferencing facilities.
  5. Research and, if warranted, facilitate the introduction of a secure Car Share Scheme for staff in their travel to and from work.

    Becky Toal, Ecological Analyst

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