Co-op Launches New Ethical Engagement Policy
Co-operative Insurance Society consults 44,000 customers on ethical policy
28th June 2005
The Co-operative Insurance Society (CIS) yesterday launched its new ethical engagement policy after consulting with 44,000 of its customers on the form the policy should take.
Long a pioneer and advocate of ethical finance, the Co-op has now drawn up new 'rules of engagment' as a result of the consultation, which will govern the way the society conducts its shareholder campaigning activites.
The survey showed that bribery, corruption and 'fat cat' pay were extremely unpopular among its customers, and CIS says it will use its investment clout to make its members views known.
The new policy covers a range of social and ethical issues, from the arms trade and civil rights to the environment and geneticaly modified foods.
Read More: Money Guardian
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Products from Co-op Bank : Co-Op Travel Card, Co-op Advantage Platinum, Co-op Clear Card, Co-op Unsecured Loans, Co-operative Bank Car Loans |
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