8.1.1 Example of a comprehensive policy: Co-operative Bank

The Co-op Bank is the only British Financial Institution with a comprehensive policy. The bank’s Ethical Policy prohibits the financing of the “manufacture or transfer of indiscriminate weapons”, which includes nuclear weapons.

The policy is not limited to the financing of nuclear weapons-related projects but prohibits the bank from any financial involvement with companies that are involved in nuclear weapons production. The policy covers all The Co-operative Bank’s products and services.