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.
As part of our ongoing commitment to protecting the planet, we’re proud to be the first UK high street bank to have joined Bank.Green’s Fossil Free Banking Alliance. As part of this alliance, we join other banking industry leaders who have pledged against the financing of the production or extraction of fossil fuels. Continuing to operate with an unwavering dedication to create a more sustainable future for everyone.
Check our fossil-free status on Bank.Green
We’re proud to be an ambassador for Zero Hour, the campaign for the Climate and Ecology Bill, who are standing up for nature.
This Bill would provide bold legislation that addresses the full extent of the climate and nature crisis, and has been drafted by scientists, legal experts, ecological economists, and environmentalists. It will require the government to take responsibility for the UK’s carbon and ecological footprints, cut greenhouse gas emissions and halt and reverse biodiversity and nature loss by 2030.
We’re taking action, and we’re encouraging our customers to do the same.
Because our customers are passionate about protecting the environment, promoting sustainable development is at the heart of our workplace culture.
This is why we:
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.
Since 1872 we’ve been committed to our co-operative values and ethics, which are still fundamental to who we are today.
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