Protecting the environment has always been a cornerstone of our Ethical Policy. This is why we will work to combat climate change and reverse the decline in biodiversity, taking responsibility for our own environmental impact.
It’s also why we’ve had an unwavering commitment to not providing banking services to businesses involved in fossil fuel extraction since 1998.
In line with our Ethical Policy, we will:
Determined through our ethical screening process, we will not provide banking services to any business or organisation:
to becoming a lifetime carbon neutral bank. This means that we’ll calculate and offset our historic carbon emissions since 1872, and be one of the first businesses in the UK to do so.
for emissions reductions and the preservation and restoration of ecosystems, to halt and reverse the decline in biodiversity.
We’re proud to be an ambassador for Zero Hour, the campaign group behind the Climate and Ecology Bill which will provide stronger legislation to tackle the climate-nature crisis.
Drafted by scientists, legal experts, ecological economists, and environmentalists, the Bill will require the UK Government to take responsibility for the UK’s carbon and ecological footprints, cut greenhouse gas emissions, halt and reverse UK biodiversity loss, and more.
As well as backing it ourselves, we’re encouraging our customers to back the Bill too.
Because our customers are passionate about protecting the environment, promoting sustainable development is at the heart of our workplace culture.
This is why we:
· Report on our carbon footprint
· Continue to reduce our energy usage
· Aim to maintain our ‘zero waste to landfill’ goals
· Limit business travel as much as possible.
Since 1872, we’ve had an unwavering commitment to co-operative values and ethics, putting our principles into action and campaigning for the causes that matter to our customers. Find out how our story began, and see our highlights through the years.
We were created to give people a fairer deal— guided by our unique, customer-led Ethical Policy, we’ll always take action on the issues that matter most to our customers.
In line with our co-operative values, we demand a fairer society. This is why we will continue to support the co-operative movement, and help small businesses to thrive.
For 150 years, we’ve been committed to our co-operative values and ethics, which are still fundamental to who we are today.
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