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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 : Transport and Emissions to Air
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transport and emissions to air
  1. Business mileage (Operations)
  2. Carbon dioxide emissions (Operations)
  3. Sulphur dioxide emissions (Operations)
  4. Nitrogen oxide emissions (Operations)
  5. Particulate emissions (Operations)
  6. Volatile organic emissions (Operations)
  7. Hotels (Operations)
Staff Suppliers Communities National

  • Maintain the downward trend in the environmental impact of the bank's car and van fleet. TARGET ACHIEVED tick
  • Explore the possibility of working with the bank's chosen car hire provider to utilise more environmentally sound options. ACCEPTABLE PROGRESS Acceptable Progress
  • Re-emphasise the bank's interest-free season ticket loan scheme to all staff. TARGET ACHIEVED tick
  • Encourage staff to use the video conferencing facilities. TARGET ACHIEVED tick
  • 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
  • Work with the bank's chosen provider to search for hotels that are able to demonstrate their commitment to environmental improvement and which fall within the business class standard. TARGET NOT ACHIEVED cross
performance
Total Number of Company Vehicles
* Diesel   * Petrol
Carbon Dioxide Emissions Arising from Transport (tonnes)
* 1999   * 2000   * 2001   * 2002
i Follow this link for details of all conversion factors used in this report

Business Mileage
* 1997   * 1998   * 1999   * 2000   * 2001   * 2002
ii Excludes freight.

Carbon Dioxide Emissions Arising From Transport per Customer Account
Other Emissions to Air (Cars)
* 2000   * 2001   * 2002
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 years i. Although new vehicle models are producing fewer emissions, this will be more than outweighed by their number and the distance people drive.

Company car fleet The number of cars in the bank's company car fleet has reduced by a further 5% (11 vehicles) in 2002. For the last three 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 range following the development of a model that incorporates a particulate trap (FAP). The diesel 307 FAP range now makes up 70% of the bank's company car fleet. 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. This change in the bank's fleet profile is, as anticipated, making a contribution to reduced CO2 emissions, as the bank's diesel vehicles emit around 15-30% less CO2 than equivalent petrol vehicles. Additionally, the bank estimates that by switching to the 307 FAP range, drivers are on average £700 better off due to a reduction in fuel costs and preferential 'Benefit in Kind' taxation. In 2002, the bank devised an environmental questionnaire covering its requirements for car purchase. This questionnaire was included in a Co-operative Group-wide tender. The seven short-listed suppliers have been analysed by the Ecology Unit and recommendations made. A final decision will be taken in 2003.

Car hire Working with the bank's current car hire provider, National Car Rental, a series of low CO2 emission vehicles have been identified and it is intended that, excluding exceptional circumstances, these and these alone will be hire options going forward. The contract for supply of bank hire car vehicles is currently under review, and this has hampered progress in introducing these more environmentally sound vehicles. The bank is, therefore, recommitting to last year's target.

Business mileage Total bank mileage for 2002 has decreased by 274,000 miles, or 4.5%. This is mainly due to a large reduction in company car miles (20%), but masks an increase in both employee car travel (9%) and car hire miles (24%). Although total car miles reduced by 6.8% in comparison with 2001, they have only reduced by 0.7% in comparison with 2000. Rail mileage has increased by 20% compared with 2001, with more employees now using public transport to travel to and from meetings.

Carbon dioxide emissions The switch to diesel vehicles, together with the reduction in car and freight mileage, has contributed to a 14% reduction in total CO2 emissions in the last year (with emissions per customer account down by 16%).

Other emissions Despite the reductions in overall mileage (4.5%), CO2 (14%) and sulphur dioxide (11%), some emissions have increased, mostly as a result of the increased use of diesel fuel. Particulate emissions from cars increased by 27%, whilst the combined emissions of nitrogen oxides and volatile organic compounds increased by 17%.

Video conferencing Video conferencing facilities are available in three of the bank's main offices: Head Office, Manchester, Prescot St, London and Delf House, Skelmersdale. During 2002, a total of 115 meetings made use of these conferencing facilities, a large increase compared with the 36 meetings held in 2001. It is estimated that this negated over 250,000km of travel. The equipment in Head Office was transferred to a dedicated room in 2002, and a feature article on the facilities was published in Banknotes, the bank's staff magazine.

Personal travel For more than 10 years the bank has offered interest-free loans for public-travel season tickets. During 2002, only 87 such loans were taken up by bank staff. This is despite a feature article on the scheme within the bank's staff magazine. Uptake of loans has fallen each year since 1997, when 213 were taken out. A simpler application process will be launched in 2003, which will hopefully encourage more staff to take advantage of the scheme. The bank has not achieved its target to research and introduce a secure car share scheme for staff travel to and from work. The bank considers this to be unacceptable and will work in partnership with CIS to explore launching a joint car share scheme in 2003.

Freight The movement of the bank's freight, principally mail, cheques and cash, is carried out by four organisations. During 2002, the Royal Mail saw the bank's external mail reduce by 17%, but this still remained the largest contributor to transport CO2 emissions. The bank is working with Securitas and Sunwins to accurately calculate the emissions generated by the services they provide. Securicor is currently unable to provide any data.

Hotels In 2002, the bank spent a total of £155,650 (2001: £235,940) on hotel accommodation, representing 1,838 hotel nights (2001: 2,754). The bank's business travel arrangements were managed by Travelcare Business (part of the Co-operative Group), but transferred to Carlson Wagonlit Travel in mid 2002. As a result of this change, the bank has not moved forward the target to search for hotels that are able to demonstrate their commitment to the environment.

Car loans The bank is planning to extend its carbon offset programme (to read about the carbon offset programme follow this link) to include personal car finance loans. The bank, via payments to Climate Care, would offset a fifth of a car's annual CO2 emissions. Additionally, such loans will be accompanied with practical advice on the best means for motorists to reduce the environmental impact of their driving.

By comparison, according to their Sustainability Report 2001, Credit Suisse Group air travel amounts to 2,900 km per employee (cf. 81km 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. Credit Suisse Group provide no similar data on hotels in their Sustainability Report 2001.
Image of a traffic jam

Road traffic is one of the largest contributors to carbon dioxide emissions that cause climate change. It also adds substantially to local air pollution.

ethical and ecological value analysis
  • Annual cost of providing interest-free season ticket loans totalling £101,290, based on a discount rate of 8% £8,000
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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, Head of Procurement and Supplier Management
  2. Evaluate the potential for running the bank's van fleet on biofuel.
    John Sheerin, Head of Procurement and Supplier Management/Jos Mister, Ecological Analyst
  3. Explore the possibility of working with the bank's chosen car hire provider to utilise more environmentally sound options.
    Martin Creasser, Procurement Consultant/Jos Mister, Ecological Analyst
  4. Reduce transport CO2 emissions by 5% per customer account.
  5. Raise staff awareness and use of video conferencing facilities.
  6. Research and, if warranted, facilitate the introduction of a secure Car Share Scheme for staff in their travel to and from work.
    Jos Mister, Ecological Analyst
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The above data and commentary has been audited by ethics etc...

Data, commentary and performance assured in accordance with AA1000as.