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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 : Reduce, Reuse, Repair, Recycle
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reduce, reuse, repair, recycle
  1. Waste: general (Solid Waste)
  2. Waste: electrical and electronic equipment (Solid Waste)
  3. Waste: paper (Solid Waste)
  4. Waste: metal/plastic drink containers (Solid Waste)
  5. Waste: furniture and furnishings (Solid Waste)
Staff Suppliers Communities National

  1. Reduce landfill waste per customer account by 48% on 1998 levels by 2005; a four-fold improvement on the UK Government's 'Making a Corporate Commitment 2' indicative target. ACCEPTABLE PROGRESS tick
  2. Increase paper recycled by 5%. TARGET NOT ACHIEVEDcross
  3. Increase metal cans recycled by 5%. TARGET ACHIEVEDtick
  4. Increase plastic cups recycled by 5%. TARGET ACHIEVEDtick
  5. Increase used toner cartridges recycled by 5%. TARGET ACHIEVEDtick
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performance
GENERAL WASTE
waste disposal (tonnes)
general waste leaving the bank (cubic metres)
general waste generated per customer account (cubic centimetres)


ELECTRICAL/ELECTRONIC
electronic equipment disposed ecologically
fluorescent tubes recycled
toner cartridges


PAPER
paper (tonnes)


DRINK CONTAINERS
metal cans
plastic cups
In addition to the 6.2 tonnes of plastic cups recycled, the bank also recycled just under half a tonne of plastic bottles during 2001.
FURNITURE AND FURNISHINGS
RECYCLED FURNITURE USED DURING REFURBISHMENT
Chairs and soft seating 15
Tables and desks 33
Cupboards 9
Drawer units 6
Cabinets and pedestals 6
Lockers 3
Workstations 19
Canteen furniture 3
Management Suite 1
(Source: Purchasing and Facilities 2002)


FURNITURE DONATED TO CHARITABLE CAUSES
Chairs and soft seating 80
Tables and desks 21
Cabinets and pedestals 4
(Source: Purchasing and Facilities 2002)
commentary
Background Commercial businesses in England and Wales produce 30 million tonnes of waste each year. Although about a third of this waste is recycled or composted, about twothirds still goes to landfill. This not only carries an environmental impact, but also represents a massive waste of resources i.

General waste As a result of the bank's increased recycling initiatives, general waste leaving the bank reduced by 2.9% compared with 2000 ii, and waste generated per customer account fell by 6%. Compared with 1998, general waste leaving the bank and waste generated per customer account has fallen by 16.3% and 36% respectively. All general waste is landfilled with the exception of Prescot Street, where it is taken to the South East London Combined Heat and Power plant and incinerated. Despite exhaustive research, and discussions with a number of environmental campaigning groups, the bank has been unable to utilise alternative waste disposal routes.

Green Genie Groups The increase in the bank's recycling initiatives can largely be attributed to the tremendous efforts of its Green Genie groups (environmental action groups located at each major site). These groups, supported by the Purchasing and Facilities Department, continue to raise awareness and encourage waste reduction and recycling. Based on waste minimisation and recycling activity per member of staff, the winner of the Green Genie Award for 2001 is the bank's Stockport site. Acknowledgement is also due to London, as the most improved location. At Stockport, the Green Genie groups have introduced external recycling facilities in the car park for paper and clear, green and brown glass.

Electrical/electronic In addition to the 1,068 items of electronic equipment that the bank recycled during 2001, the bank's contracted recycling company, Greencare Ltd iii also collected: 95 mobile telephones, 79 computer tapes, 27 boxes of cables, 17 boxes of software (discs and manuals), 320 telephones, 1 telecommunications cabinet and 171 miscellaneous items (modems, microfiche, adding machines, note counters, encoders, fax machines). A further 16.5 tonnes (17 small and 9 large computer storage cabinets) were recycled by NECP Computers Ltd. Electronic equipment is transferred to Silver Lining Industries Ltd iv. If the equipment is of sufficient quality for reuse, data is removed and hardware refurbished prior to resale. Where this is not possible, heavy components and magnetics are removed and recycled as scrap metal. Precious metal concentrates are removed, assayed and any hazardous components are removed (e.g. batteries) and sent for specialist disposal.

Recycling The bank's cans, cups, plastic bottles, fluorescent tubes and electronic equipment are passed to Greencare Ltd. for recycling. Cans are segregated by type into aluminium and steel. The bank's plastic cups are passed to Save-a-Cup, and subsequently flaked and reprocessed, producing items such as pencils, rulers and coasters, as well as being used as a wood substitute in garden furniture. Plastic bottles are converted into containers, which in turn are used at Greencare for the storage of fluorescent tubes. These tubes are passed to Mercury Recycling Ltd vi. The components of the lights are separated for re-use and the toxic mercury is distilled from the phosphor powder. Paper recycling is undertaken by three firms, Derby & Laurel Co. Ltd, Capital Security Shredding Ltd and the Co-operative Group. In the case of the Co-operative Group, paper is recycled into Co-op 100% recycled toilet tissue and Co-op 100% recycled kitchen towel for sale in Co-op stores.

Branch network For the first time, it can be reported that branch network staff recycled 37.2 tonnes of paper. Benchmark By comparison, according to their 1999/00 Environmental Report, Credit Suisse Group recycle 77% of waste (cf. 59% at The Co-operative Bank).
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ethical and ecological value analysis
  • Annual cost of recycling activities (including third party contracts and capital investment) – £61,000
  • Since 1998, general waste leaving the bank has reduced by 890m3, leading to an annualised saving of – £8,000
  • During 2001, 95 items of furniture were reused by the bank, resulting in an annual saving of – £45,000
  • Annualised saving resulting from switch to recycled toner cartridges – £77,000
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new target
  1. Reduce landfill waste per customer account by 48% on 1998 levels by 2005; a four-fold improvement on the UK Government's 'Making a Corporate Commitment 2' indicative target.
  2. Increase paper recycled by 5%.
  3. Increase metal cans recycled by 5%.
  4. Increase plastic cups recycled by 5%.
  5. Increase used toner cartridges recycled by 5%.

    Alan Green, Operations and Compliance Manager, Property Management/Andy Farrell, Facilities Manager

  6. Ensure that paper recycling is implemented across the entire branch network.

    Jon Bowen, Customer Services Manager, Planning and Service Management

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