In 2006 and 2007, UNI Finance conducted a survey on finance companies’ commitments to Principle 3 of the UN Global Compact, “Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining”. 35 major finance companies were asked to elaborate on their commitments to Principle 3. In a second [...]

Whether it’s tracing the provenance of the shirt on our backs or asking about air miles required to deliver our coffee, UK consumers are increasingly demanding environmental and ethical awareness from the companies they use. And the same goes for banks and their products. UK banks are making a concerted effort to prove they have [...]

According to the latest Banking Industry report from research group Covalence, competition for eco-minded customers has helped improve how banks’ services affect the environment. The study looked at the EthicalQuote Reputation Index for nine industries from June 2006 to June 2007 and found that the banking sector was ranked second highest in its overall reputation, [...]

Banks show the second best EthicalQuote reputation score from June 2006 to June 2007 compared to nine other industries, states a report released on 29 June 2007 by Geneva-based ethical reputation research firm Covalence, Covalence Banking Industry Report 2007. Over last year the Banking Industry has witnessed a favorable evolution in the areas of Eco-Innovativeness [...]

THE ROYAL Bank of Scotland (RBS) is being threatened with a student boycott over its multi-billion-pound investments in climate-wrecking oil and gas projects around the world. The threat comes in the wake of a new report attacking RBS’s record on funding polluting pipelines and production plants. The bank has been accused of going on a [...]