8.1.1 Example of a comprehensive policy: Co-operative Bank

The Co-op Bank is the only British Financial Institution in the DBOTB report’s Hall of Fame. Its 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. Consequently, the Co-op bank has no investments in nuclear weapons producers listed in the Hall of Shame and achieves a four-star rating in the 2018 DBOTB report.