In June 2021 The Co-operative Bank received an ESG rating of 9.2 from Sustainalytics; a leading, independent ESG and corporate governance research and analytics firm.
Read our announcement here.
We’re incredibly proud of the score we’ve received, confirming our place as the UK’s best rated high street bank* for ESG. With our new strategy, and exciting plans for 2022 and beyond, we’re working to maintain this position in the future, as we strive to continually deliver our unique, customer-led ethical commitments to both customers and stakeholders.
*Rated by Sustainalytics in the Regional Banks subindustry with a score of 9.2 as of 11 June 2021.
Every year we create our Values and Ethics in Action: Sustainability Report to publicly showcase our ESG data and highlights from that year. As the only UK bank with a customer-led Ethical Policy, our yearly sustainability report is a great way for you to see those values and ethics in action, alongside our commitments for the year ahead.
The 3 individual areas which make up ESG are:
These 3 areas are designed to help businesses create a socially and environmentally conscious culture, which serves the people, both internally within the business and externally, ethically guides business strategies, and works to protect the environment. Creating long-term, sustainable business.
In addition to the above, you can find below more information and additional resources on the work we’ve carried out and ongoing projects in our commitment to protect the environment:
Here at The Co-operative Bank, we know our colleagues and many of our customers are committed to driving social change in line with our Ethical Policy. Below, you can find more information and additional resources on how we support people and their communities:
Our Ethical Policy is at the very foundation of who we are, and guides everything from our policies to our business strategies. Below, you can find more information and additional resources on our governing policies and legislation:
Find out more about our values and ethics.
At The Co-operative Bank, our customers and their welfare is at the forefront of everything we do. We know for many of our customers 2020 has been a particularly challenging year, due to Covid-19 and the challenges it’s presented. Below, you can find more details on our on going customer support, our partnerships and our Covid-19 customer support:
Here at The Co-operative Bank, we’re proud to be different. And we’re even prouder that it’s our people with purpose who make us different.
We help our colleagues connect with each other, with our customers, and with their communities. We reward them with more than just a competitive salary—offering an attractive range of benefits that support work-life balance, wellbeing, and career development.
Our diverse and competitive colleague proposition is underpinned by an environment and culture that attracts, develops, rewards, and retains talent, whilst achieving efficiency and sustainability for our bank.
Our Ethical Policy has five pillars which collectively define our commitment to deliver ethical banking. Pillar 4, ethical workplace and culture, ensures our workplace culture reflects our co-operative values and ethics by focusing on:
Our colleague inclusion networks are sponsored by members of our Executive Team and run by colleagues, for colleagues:
You can read our full colleague proposition here.