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The Cooperative Bank is a consumer led, ethically driven bank in the UK. It offers a wide array of options for its customers, including co-oploan offerings for its online customers.

The Cooperative Bank offers its customers loans that are made without using profits made from unnecessarily polluting companies or companies that engage in or cooperate with human rights abuses. For some folks, this is an important consideration, and so a bank like this one makes day-to-day economic transactions much easier on the conscience.

One of the neat things about the bank is that the it operates on the following principles.

Through our investments, we seek to support the principles of the Universal Declaration of Human Rights.

In line with this, we will not invest in:

* any government or business which fails to uphold basic human rights within its sphere of influence.
* any business whose links to an oppressive regime are a continuing cause for concern.

Now I would be interested in understanding a little bit better how they make the determinations about the regimes deemed "oppressive", but presuming they are acting in an ethical fashion I believe that I could actively support that policy. I'm a little bit less excited about certain other aspects of their ethical policy, but fully support the right of consumers to seek out services from businesses that follow their moral values. And that is key -- the Cooperative Bank offers consumers a viable choice for meeting their ethical and economic obligations.

Posted by: Greg at 10:16 PM | No Comments | Add Comment
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