Metro Bank

Is Metro Bank ethical?

Metro Bank has been researched and ranked in The Good Shopping Guide’s Ethical Banks & Building Societies Ratings Table and receives a below-benchmark 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 Metro Bank to other banks.

What does Metro Bank do?

Metro Bank is a London-based bank founded in 2010. The company now has over 70 branches and is listed on the London Stock Exchange. It offers services such as current accounts, saving accounts and mortgages.

For which criteria does Metro Bank score poorly? 

Metro Bank currently only receives a middle rating for Carbon Disclosure & Reduction Targets, as it does not fully publish its Scope 1, 2 and 3 carbon emissions.

In what areas does Metro Bank score well for its ethics?

The company receives a top rating in the Environmental Report criterion, as the company displays clear environmental targets for future progress.

Additionally, Metro Bank was not found to have made any political donations in the past 5 years and has therefore achieved a top score in the Political Donations category.

How can Metro Bank 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 reach our ethical benchmark, Metro Bank needs to improve in several categories. For example, by fully publishing its carbon emissions, Metro Bank could achieve a top rating in the Carbon Disclosure & Reduction Targets criterion.

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