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The Co-operative  The Co-operative Bank Case Study Prague 2009 – session three ethical finance
The Co-operative Bank ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Co-operative Group ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The Co-operative Bank – A Reputation as an Innovative Niche Player
The Co-operative Bank  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
1992 – A Milestone Year in the History of the Bank ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Co-operative Bank – Ethical Policy journey  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
This drove the Bank’s approach to business ,[object Object],[object Object],[object Object]
Our Sustainable Development Policy  Six Partner Groups Formulated a Sustainable Development Policy
Many Accolades since 1992……. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ethical Policy – A Closer Look ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Origins of the Policy?
Are ethics relevant to business?  ,[object Object],[object Object],[object Object],[object Object]
The 1980s – “Loadsamoney” Why Have a Policy?
The banks have to face some hard headlines Why Have a Policy?
Human Rights ,[object Object],[object Object],[object Object],[object Object],What is the Policy?
[object Object],[object Object],[object Object],The Arms Trade What is the Policy?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Corporate Responsibility & Global Trade What is the Policy?
[object Object],[object Object],[object Object],[object Object],[object Object],Genetic Modification What is the Policy?
[object Object],[object Object],[object Object],[object Object],[object Object],Social Enterprise What is the Policy?
[object Object],[object Object],[object Object],[object Object],Ecological Impact What is the Policy?
[object Object],[object Object],[object Object],[object Object],[object Object],Ecological Impact What is the Policy?
[object Object],[object Object],[object Object],[object Object],[object Object],Animal Welfare What is the Policy?
[object Object],[object Object],[object Object],Animal Welfare What is  the Policy?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Putting the Policy into Practice
Has Ethics had an Impact? Operating Profit £m
Customer Deposits £m Has Ethics had an Impact?
Ethical approach now embraced across the wider Group
Increased awareness and media coverage
The concept of “Profit with Principles” ,[object Object],[object Object],[object Object],[object Object]
Competitors are now involved
Ethical Consumerism Report 2007 ,[object Object],[object Object],[object Object],[object Object]
ethical finance 2006 The market we’re in…more spending
Value of the Ethical Policy today…  ,[object Object]
Value of the Ethical Policy today…  ,[object Object]
Value of the Ethical Policy today…  ,[object Object],[object Object],[object Object],[object Object]
Proposed 2008 Bank Ethical Policy Review ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Support for Social Enterprises ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Involvement in Social Finance & Financial Inclusion ,[object Object],[object Object],[object Object],[object Object],[object Object]
Support for Co-operative Organisations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Support for Credit Unions  ,[object Object],[object Object],[object Object]
Our support for Community Development Finance Institutions ,[object Object],[object Object],[object Object]
Where are we now ? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Values – Determined by Staff ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons the Bank has Learnt ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],what makes the Co-op unique…
Loyalty ,[object Object],[object Object],[object Object]
‘ Ethics in Action’ to Drive Loyalty
Controversy and questions ,[object Object],[object Object],[object Object]
http://www.co-operative.coop/aboutus /

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The Co-operative Bank's Ethical Finance Approach