I love the fact that people think banks are ethical because they don't invest money in companies that what, anything to do with the arms trade?
Is it just a thoughtless senseless idea that guns are unethical and if you don't think to deeply on the subject you can pretend that makes some kind of sense and somehow think you are doing the world a favour. Pull the other one, we as a country spent billions in "arms trades" buying weapons off anyone who would sell them to us, tanks, planes, guns, munitions, etc, etc. Had we not done so we would not have been able to make the war. Does that automatically mean everyone involved was unethical, or the companies producing the weapons were unethical or the people buying them was, no, of course not.
I'm happy for my bank to invest in arms trades, the realistic outcome is some of those guns will make it to the sides of conflicts I'd deem the "evil" side, but they also provide arms that the "good" sides would also be in desperate need of.
Ethical banking, people really do make up the most pointless crap to make themselves feel better.
What if the guy who came up with the idea for the Co-op, did it out of pure greed, doesn't believe in it and only does so to make himself more money, while he's a peadophile at the same time. 98% of the , be green, ethical bank, eco friendly crap is quite simply companies using peoples lack of insight to make more profits, nothing more and nothing less.