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The Co-operative Bank*
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Ecological Sustainabilty |  Indicators |  Partnership Report 2002 |  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
Land Occupied and Biodiversity Impact >>
Finance: Tailored Ecological Products and Services

Delivering Value
Social Responsibility

Financial Statements 2002

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Ecological Sustainability : Land Occupied and Biodiversity Impact
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land occupied and biodiversity impact
  1. Land occupied and biodiversity impact
Customers Communities National

  • Ensure that the 12.8 hectares of planting still outstanding at Oxbow and Brookhouse is undertaken by the year-end. ACCEPTABLE PROGRESS acceptable progress
  • Raise, through the RSPB Visa credit card, over £2 million for Britain's threatened wetlands over the period 1999-2002 inclusive. TARGET ACHIEVED tick
performance
Occupied Land
Biodiversity Graph
* 2000   * 2001   * 2002
commentary
Background The world is losing biodiversity at an ever increasing rate as a result of human activity. The UK lost over 100 species in the last century.

Footprint The land occupied by the bank (primarily leasehold) is 4.6 hectares (approximately 480,000 ft2). Whereas the amount of land subject to significantly enhanced biodiversity as a result of bank donations is ninety times greater. The Co-operative Bank has no significant land holdings of its own.

UK wetlands The bank and the Royal Society for the Protection of Birds (RSPB) have raised £2,144,575 for Britain's threatened wetlands over the three years 1999-2002. The RSPB receives £18 for every account opened and a further £2.50 if the card is still being used six months later. In addition, the RSPB receives 25p for every £100 spent using the card. Bank monies have contributed towards the rehabilitation of 365 hectares of reed-bed, including the conversion of 300 hectares of arable land to wetland in East Anglia via the creation of 8km of bank, 21km of channels, 20 acres of shallow and deep pools and the planting of 250,000 reeds. Over the period 1996 to 2001, nesting pairs of Reed Warblers, Sedge Warblers and Reed Bunting have increased from 4 to 250, 6 to 122 and 6 to 67 respectively. This habitat will become increasingly important as existing coastal wetlands are destroyed by rising sea levels. Since 1997, the bank has been the 'Species Champion' for the bittern (and is one of only 18 commercial companies to support the Government's Species Championing Scheme to date) and has been working with the RSPB to restore and extend reedbed habitats at Wigan Flashes, where the bittern is known to over-winter. In 1997, the UK's population of breeding bitterns was estimated as just 11. The number of calling or booming males heard in the country now stands at 29. During 2001, the bank recommitted to being the Species Champion for the bittern, and will provide financial support of £30,000 over the period 2001 to 2003 inclusive. This is in addition to the £479,186 raised for Britain's wetlands via the RSPB credit card in 2002.

UK woodlands In 1997, the bank committed £300,000 to the development of four community woodlands in Greater Manchester. The four sites were all formerly landfill sites or open cast mines. The total area in management amounts to more than 250 hectares (approximately one square mile). The North West of England has one of the lowest ratios of tree cover in England, and the bank's sponsorship has already led to the creation of over 42 hectares of new woodland consisting of Birch, Alder, Oak and Ash trees. During 2002, half a hectare of new woodland was planted at Brookhouse. Forestation at Brookhouse (4.3ha) and Oxbow (8ha) did not progress as planned due to the fact that the recycled organic waste supplied as a planting medium required a longer period of 'composting down' than originally envisaged. Planting of the remaining 12.3ha is expected to take place in the autumn of 2003. During 2002, the bank launched a new community woodlands website.i To mark its launch, the bank donated 10,000 trees for planting in twelve community woodlands across the North West of England. The first 10,000 visitors to the website were given the opportunity to nominate their preferred planting site for the trees. The trees will be planted in the autumn of 2003. Biodiversity audits undertaken at the bank's four community woodlands have highlighted that the woods are already home to over 50 bird species of Conservation Importance with six UK Priority Species (Bullfinch, Grey Partridge, Linnet, Reed Bunting, Song Thrush and Sky Lark) sighted. The water vole, a UK Priority Species, has also been detected. Lists of the wildlife recorded at each of the four woodlands are available on the community woodlands website.

Tropical rainforest In 2002, the bank once again extended its range of green mortgages. Every year that a customer holds a mortgage, the bank pays Climate Care to offset a fifth of each household's carbon dioxide (CO2) emissions. During 2002, this equated to a total carbon offset of 4,670 tonnes of CO2. To date, all monies have been used to support a rainforest restoration programme in Kibale National Park in Uganda. Not only will the renewed forest 'absorb' CO2 from the atmosphere, it has also enhanced an important wildlife habitat by over 10 hectares to date. The areas that have been planted for the bank are still too young to have attracted primates, however chimpanzees and baboons have started to migrate into adjacent reforested areas. As the number of mortgages grows, the income generated for carbon offset is increasing. In 2003, in addition to reforestation in Kibale, the bank will fund three new carbon offset programmes. The bank is considering extending its carbon offset programme to include personal car finance loans. The bank, via payments to Climate Care, would offset a fifth of the car's annual CO2 emissions. Initially, these monies will further support reforestation in Kibale - so helping the UK attain its target on greenhouse reductions of 20% by 2010. (Follow this link for details of the bank's mortgages and our carbon offset programmes) ii

Total impact The amount of land with significantly increased biodiversity as a result of the bank's initiatives is ninety times greater than the land occupied by its operations, and is now 417.7 hectares. In July 2002, the bank was 'Highly Commended' in Business in the Community's 'Business in the Environment' award category for its integrated approach to Climate Change and Biodiversity.
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new target
  1. Ensure that the 12.3 hectares of planting still outstanding at Oxbow and Brookhouse is undertaken by the year-end.
    Liz Thompson, Ecological Analyst
  2. Raise, through the RSPB Visa credit card, over £2.5 million for Britain's threatened wetlands over the period 1999-2003 inclusive.
    Jim Walker, Head of Business and Affinity Relationships
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