Is Cater Allen ethical?
Cater Allen has been researched and ranked in The Good Shopping Guide’s Ethical Banks & Building Societies Ratings Table and receives a low score.
Although our ethical requirements have not yet been met by this company, we hope that in the future, it will make the necessary adjustments to operate as a more ethical business.
More information on the ethical issues faced by the sector, may be found in The Good Shopping Guide’s article on Ethical Banking. You can also use our Ethical Banks & Building Societies Ratings Table to compare Cater Allen to its competitors.
What does Cater Allen do?
Cater Allen was founded in Blackburn, England, in 1816. It was an independent company until 1997, when it was purchased by Abbey National. When Abbey National was purchased by Santander Group in 2004, Cater Allen became a Santander subsidiary, which it remains until this day.
For which criteria does Cater Allen score poorly?
Due to its ownership by Santander Group, Cater Allen receives a bottom rating in many of our research categories.
For example, the company receives a bottom rating in the political donations criterion. This is because Santander Group has made political donations in the United States which amount to hundreds of thousands of pounds in the previous three election cycles.
In what areas does Cater Allen score well for its ethics?
Cater Allen receives a top rating in the Environmental Report category, as Santander Group has a detailed Responsible Banking Report which clarifies the company’s goals for improving its environmental record.
How can Cater Allen improve its ethical rating?
The ethical rating of a Finance brand is divided into three categories by The Good Shopping Guide: the Environment, People and Other. Find out more about how we rate to see how Cater Allen attained such a low score.
Cater Allen could achieve a better GSG score by improving in the following categories: Environmental Destruction, Carbon Disclosure & Reduction Targets, Irresponsible Lending, Political Donations, Responsible Investment Policy and Other Criticisms.
If you’re interested in learning more about achieving Ethical Accreditation for your brand, please contact us or complete a Free Initial Assessment form.
Ethical performance in category
GSG score
GSG category benchmark
Ethical Rating
Environment
-
Environmental Report
Good
-
Environmental Destruction
Poor
-
Carbon Disclosure & Reduction Targets
Acceptable
People
-
Irresponsible Lending
Poor
-
Political Donations
Poor
-
Irresponsible Lending+
Poor
Other
-
Ethical Accreditation
Poor
-
Responsible Investment Policy
Poor
-
Mutual Status
Acceptable
-
Other Criticisms
Poor
= GSG Top Rating = GSG Middle Rating = GSG Bottom Rating