Coventry Building Society

How ethical is Coventry Building Society?

Coventry Building Society is a UK-based building society which has achieved an acceptable score on The Good Shopping Guide’s Ethical Banks & Building Societies Ratings Table, but Ethical Accreditation has not yet been achieved. This is important because it provides additional verification on the company’s wider ethical and sustainable policies and practices.

Read more about the issues facing the banking sector in our article on Ethical Banks & Building Societies and find out which companies have achieved accreditation for their commitment to being ethical and socially responsible businesses.

What does Coventry Building Society do?

Coventry Building Society is the second largest building society in the United Kingdom. The company was founded in 1884 and was previously named The Coventry Permanent Economic Building Society, before becoming Coventry Building Society in 1983, following a merger with several other building societies.

In which areas does Coventry Building Society perform well?

Coventry Building Society receives a top rating for Environmental Report, as the company has a detailed Sustainability Report outlining its environmental commitments and achievements.

Additionally, Coventry Building Society was not found to have made any political donations to parties or candidates, which has resulted in a top rating in the Political Donations criterion.

What can Coventry Building Society do to improve its ethical score?

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 improve its rating further, Coventry Building Society should look to increase its score in the Responsible Investment Policy category.

If you’re interested in learning more about achieving Ethical Accreditation for your brand, please contact us or complete a Free Initial Assessment form.