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The co-operative bankUnited Kingdom
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Created before Nov 2016
Last update: 2022-03-24 00:00:00

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The Co-operative, Balloon Street, Manchester, September 2009. Photo: The Co-operative

About The co-operative bank

The co-operative bank is an ethical bank operating in the United Kingdom. The bank introduced its Ethical Policy in 1992, which stipulates who the bank will and will not finance, based on its customers' ethical concerns. The bank also operates the internet bank 'smile'. The bank was previously owned by The Co-operative Group, the UK's largest consumer co-operative. In April 2013, after a £1.5 billion capital shortfall was uncovered at the bank, The Co-operative Group sold 70% of the bank's shares to private investors in November 2013. The  Group's shareholding was further reduced to 20% in November 2014, and to zero in September 2017. The bank is now owned by a consortium of hedge funds.

Website https://www.co-operativebank.co.uk/
Headquarters
1 Balloon Street
M60 4EP Manchester
United Kingdom
CEO/chair Nick Slape
CEO
Supervisor
Bank of England
Annual reports Annual report 2021
CSR report 2021
Ownership

The co-operative bank's shareholder structure can be accessed here.

Complaints and grievances

News

| |
Type:
Year:
blog
external news
our news

Co-operative Bank signs recognition agreement with union of customers

2019-11-28 | Save Our Bank
blog
external news
our news

Report into supervision of the Co-operative Bank: lessons not just for regulators but also for firms

2019-04-29 | Herbert Smith Freehills
blog
external news
our news

Could better governance have saved co-operatives in the past?

2018-05-10 | Coop news
blog
external news
our news

The Co-operative Bank – rethinking civil society account closures

2017-04-20 | Amnesty International UK
blog
external news
our news

Leading responsible banks pledge to quit coal as climate summit approaches

Co-operative Bank and Triodos Bank bring Paris Pledge signatories to 18
2015-11-19 | Nijmegen | BankTrack
blog
external news
our news

Co-operative Bank to list on stock market in rescue deal

2013-06-17 | The Guardian
blog
external news
our news

The Co-operative Group and Lloyds Banking Group agree non-binding heads of terms for the acquisition of the Verde business

2012-07-19 | http://www.co-operative.coop/corporate/Press/Press-releases/Headline-news/Bank/ | The Co-operative Group
blog
external news
our news

The Co-operative calls for moratorium on shale gas extraction in the UK

2011-01-17 | London, UK
blog
external news
our news

Shell faces shareholder questions on tar sands

2010-05-18 | The Hague | The Independent
blog
external news
our news

UK’s largest ethical bank won’t touch World Bank private sector bonds

2006-04-11 | United Kingdom | Platform

Documents

Type:
Year:
csr policies
2022-06-12 00:00:00

Customer-led Ethical Policy

June 2022
2022-06-12 00:00:00 | The Co-operative Bank
annual reports
2022-04-05 00:00:00

Annual report 2021

2022-04-05 00:00:00 | The co-operative bank
annual reports
2022-04-05 00:00:00

CSR report 2021

2022-04-05 00:00:00 | The co-operative bank
annual reports
2021-04-09 00:00:00

Annual report 2020

2021-04-09 00:00:00 | The co-operative bank
annual reports
2021-04-09 00:00:00

CSR Report 2020

2021-04-09 00:00:00 | The co-operative bank
csr policies
2021-03-14 00:00:00

Modern Slavery and Human Trafficking Statement 2020

2021-03-14 00:00:00 | The Co-operative Bank
annual reports
2020-07-01 00:00:00

CSR report 2019

2020-07-01 00:00:00 | The Co-operative bank
annual reports
2020-04-14 00:00:00

Annual report 2019

2020-04-14 00:00:00 | The co-operative bank
annual reports
2019-06-25 00:00:00

Values & ethics report 2018

2019-06-25 00:00:00 | The co-operative bank
annual reports
2019-04-30 00:00:00

Annual report 2018

2019-04-30 00:00:00 | The co-operative bank
annual reports
2018-05-28 00:00:00

Values and ethics report 2017

2018-05-28 00:00:00 | The co-operative bank
annual reports
2018-04-30 00:00:00

Annual report 2017

2018-04-30 00:00:00 | The co-operative bank
bank documents
2017-04-01 00:00:00

The Co-operative Bank’s response to Amnesty International's report findings on civil society account closures

2017-04-01 00:00:00 | The co-operative bank
ngo documents
2016-12-15 00:00:00

Study of the Co-operative Bank's Closure of Accounts of Not-For-Profit Organisations

2016-12-15 00:00:00 | Amnesty International UK
annual reports
2015-05-21 00:00:00

Annual Report 2014

2015-05-21 00:00:00 | The Co-operative Bank
annual reports
2015-04-23 00:00:00

Sustainability Report 2013

2015-04-23 00:00:00 | Co-operative bank
annual reports
2015-04-23 00:00:00

Sustainability Report 2012

2015-04-23 00:00:00 | Co-operative Bank
annual reports
2013-04-15 00:00:00

Annual Review 2012

2013-04-15 00:00:00 | The Co-operative Group
annual reports
2012-10-23 00:00:00

Sustainability Report 2011

2012-10-23 00:00:00 | The Co-operative Group
bank documents
2012-10-23 00:00:00

Our Ethical Plan

2012-10-23 00:00:00 | The Co-operative Group
ngo documents
2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

2012-06-20 00:00:00 | IKV Pax Christi & FairFin
annual reports
2012-04-13 00:00:00

Annual Report 2011

2012-04-13 00:00:00 | The Co-operative Bank
other documents
2011-10-19 00:00:00

2011 Global Investor Statement on Climate Change

2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI
annual reports
2011-06-28 00:00:00

CSR Report 2010

2011-06-28 00:00:00 | The Co-operative Bank
annual reports
2011-03-29 00:00:00

Annual Report 2010

2011-03-29 00:00:00 | The Co-operative Bank
other documents
2010-10-04 00:00:00

Where did our money go?

2010-10-04 00:00:00 | New Economics Foundation
bank documents
2009-06-03 00:00:00

Investment Bond and Fund Guide

2009-06-03 00:00:00 | The Co-Operative Bank
ngo documents
2008-07-28 00:00:00

Unconventional Oil - Scraping the bottom of the barrel

2008-07-28 00:00:00 | WWF-UK and the Co-operative

Media




Links

The Co-operative Bank Ethical policy page

Overview of The Co-operative Bank's ethical investment criteria.

https://www.co-operativebank.co.uk/aboutus/ourbusiness/ethicalpolicy/ethical-policy-in-action

Save Our Bank

An independent campaign for The co-operative bank to keep its Ethical Policy and return to co-operative ownership.

http://saveourbank.coop/

Policies

Voluntary standards

The co-operative bank has committed itself to the following voluntary standards:
  • Extractive Industries Transparency Initiative
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)

Investment policies

The Co-operative Bank's Ethical Policy webpage can be accessed here.

Year:
csr policies
2022-06-12 00:00:00

Customer-led Ethical Policy

June 2022
2022-06-12 00:00:00 | The Co-operative Bank
csr policies
2021-03-14 00:00:00

Modern Slavery and Human Trafficking Statement 2020

2021-03-14 00:00:00 | The Co-operative Bank

Good moves

Year:
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