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The Co-operative BankUnited Kingdom

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This profile is actively maintained
Last update: 2025-03-06 00:00:00
Co-operative Bank's head office in Manchester. Photo: Sludge G via Wikimedia Commons (CC BY-SA 2.0)

Active

This profile is actively maintained
Last update: 2025-03-06 00:00:00
About
Website https://www.co-operativebank.co.uk/
Headquarters
1 Balloon Street
M60 4EP Manchester
United Kingdom
CEO/chair Steve Hughes
Interim CEO
Supervisor
Bank of England
Ownership

The Co-operative Bank is owned by the Coventry Building Society, which acquired the bank in January 2025.

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 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.

In January 2025 the Co-operative Bank was acquired by the Coventry Building Society.

Sustainability
Commitments
Policies
Voluntary standards

The Co-operative Bank's most important sustainability commitments can be found at the website sections listed below.

Links

Ethical policy

Environmental, Social and Governance (ESG) approach

Policies

Environmental, Social and Governance Business Approach 2023

Bank policy
2023-05-31 00:00:00 | The Co-operative bank

Environmental and Biodiversity Policy

Bank policy
2023-04-19 00:00:00 | The Co-operative bank

Customer-led Ethical Policy

June 2022
Bank policy
2022-06-12 00:00:00 | The Co-operative Bank

Modern Slavery and Human Trafficking Statement 2020

Bank policy
2021-03-14 00:00:00 | The Co-operative Bank
The Co-operative Bank has committed itself to the following voluntary standards:
Extractive Industries Transparency InitiativeTags: oil and gas | mining and processing | transparency
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

The Co-op Bank, the Coventry and the Customer Union

Ethical Consumer editor Rob Harrison tells the inside story of the Save Our Bank campaign’s role in "saving" one the UK's most iconic ethical brands.
2025-04-02 | Rob Harrison
Blog
BankTrack news BankTrack blog Partner news Partner blog

The Co-operative Bank bought back into mutual ownership

2025-04-01 | Rob Harrison, Save Our Bank
BankTrack news BankTrack blog Partner news Partner blog

Building society and Co-op Bank agree takeover terms

2024-04-18 | BBC
Blog
BankTrack news BankTrack blog Partner news Partner blog

Policy analysis report: Moving away from mass destruction

2023-07-27 | ICAN, PAX
Blog
BankTrack news BankTrack blog Partner news Partner blog

Co-operative Bank signs recognition agreement with union of customers

2019-11-28 | Save Our Bank
BankTrack news BankTrack blog Partner news Partner blog

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

2019-04-29 | Herbert Smith Freehills
BankTrack news BankTrack blog Partner news Partner blog

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

2018-05-10 | Coop news
BankTrack news BankTrack blog Partner news Partner blog

The Co-operative Bank – rethinking civil society account closures

2017-04-20 | Amnesty International UK
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2013-06-17 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2011-01-17 | London, UK
BankTrack news BankTrack blog Partner news Partner blog

Shell faces shareholder questions on tar sands

2010-05-18 | The Hague | The Independent
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2006-04-11 | United Kingdom | Platform
Resources
Documents
Videos
Links

CSR report 2024

Annual report
2025-03-07 00:00:00 | The Co-operative Bank

Annual report 2023

Annual report
2024-05-14 00:00:00 | The Co-operative Bank

CSR report 2023

Annual report
2024-03-08 00:00:00 | The Co-operative bank

Environmental, Social and Governance Business Approach 2023

Bank policy
2023-05-31 00:00:00 | The Co-operative bank

Environmental and Biodiversity Policy

Bank policy
2023-04-19 00:00:00 | The Co-operative bank

CSR report 2022

Annual report
2023-03-23 00:00:00 | The Co-operative Bank

Annual report 2022

Annual report
2023-03-23 00:00:00 | The Co-operative Bank

Customer-led Ethical Policy

June 2022
Bank policy
2022-06-12 00:00:00 | The Co-operative Bank

Annual report 2021

Annual report
2022-04-05 00:00:00 | The co-operative bank

CSR report 2021

Annual report
2022-04-05 00:00:00 | The co-operative bank

Annual report 2020

Annual report
2021-04-09 00:00:00 | The co-operative bank

CSR Report 2020

Annual report
2021-04-09 00:00:00 | The co-operative bank

Modern Slavery and Human Trafficking Statement 2020

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

CSR report 2019

Annual report
2020-07-01 00:00:00 | The Co-operative bank

Annual report 2019

Annual report
2020-04-14 00:00:00 | The co-operative bank

Values & ethics report 2018

Annual report
2019-06-25 00:00:00 | The co-operative bank

Annual report 2018

Annual report
2019-04-30 00:00:00 | The co-operative bank

Values and ethics report 2017

Annual report
2018-05-28 00:00:00 | The co-operative bank

Annual report 2017

Annual report
2018-04-30 00:00:00 | The co-operative bank

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

Other bank document
2017-04-01 00:00:00 | The co-operative bank

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

NGO document
2016-12-15 00:00:00 | Amnesty International UK

Annual Report 2014

Annual report
2015-05-21 00:00:00 | The Co-operative Bank

Sustainability Report 2013

Annual report
2015-04-23 00:00:00 | Co-operative bank

Sustainability Report 2012

Annual report
2015-04-23 00:00:00 | Co-operative Bank

Annual Review 2012

Annual report
2013-04-15 00:00:00 | The Co-operative Group

Sustainability Report 2011

Annual report
2012-10-23 00:00:00 | The Co-operative Group

Our Ethical Plan

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

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Annual Report 2011

Annual report
2012-04-13 00:00:00 | The Co-operative Bank

2011 Global Investor Statement on Climate Change

Other document
2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI

CSR Report 2010

Annual report
2011-06-28 00:00:00 | The Co-operative Bank

Annual Report 2010

Annual report
2011-03-29 00:00:00 | The Co-operative Bank

Where did our money go?

Other document
2010-10-04 00:00:00 | New Economics Foundation

Investment Bond and Fund Guide

Other bank document
2009-06-03 00:00:00 | The Co-Operative Bank

Unconventional Oil - Scraping the bottom of the barrel

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

The Co-operative Bank Ethical Policy

2012-10-24 10:57:16
Accountability

This page evaluates The Co-operative Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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