Killing secrets
bringing the arms trade into the open
Launched October 1998
"We will not Invest in any business involved in the manufacture or transfer of armaments to oppressive regimes"
Ethical Policy Statement – supported by 98% of our customers
In 1997 arms exports from the UK were estimated to be in the order of £5.5 billion, providing a lucrative market for financial organisations. Research has shown that, with the exception of The Co-operative Bank, major UK High Street banks facilitate the arms trade in some way. By focusing on the arms trade, our Killing Secrets campaign aimed to turn the spotlight on export loopholes which enable weapons manufacturers to beat regulations intended to control the export of arms.
You voted, we donated
Through our donations, we provided support to charities and non-governmental organisations and working to cast light on the shadowy world of the arms trade.
The Bank’s donations were divided amongst the following four charities according to the percentage of customer votes each received;
Global Witness:
A small, dynamic organisation exposing links between environmental and human rights abuses through undercover investigations and highly effective lobbying. Received £10,850
Omega Foundation:
Researches how torture and execution technologies are sold to repressive regimes, and provides information for non governmental organisations, undercover TV programmes and the European Parliament. Received £10,850
Oxfam:
We supported Oxfam’s ‘Cut Conflict Campaign’ pressing for tough arms controls and supporting partners tackling increased violence caused by small arms in their communities. Received £10,450
Saferworld:
Works with governments, MPs and the media across Europe to develop effective measures both for tackling the causes of conflict and for putting tougher controls on future weapons sales. Received £7,700
Find out about the Bank's current campaign
