{"id":735,"date":"2008-05-25T05:11:47","date_gmt":"2008-05-25T09:11:47","guid":{"rendered":"http:\/\/www.grumpyvegan.com\/blog\/?p=735"},"modified":"2008-05-25T05:11:47","modified_gmt":"2008-05-25T09:11:47","slug":"735","status":"publish","type":"post","link":"https:\/\/grumpyvegan.com\/blog\/2008\/05\/25\/735\/","title":{"rendered":"Thought for the Day"},"content":{"rendered":"<blockquote><p>Ethical rules cost the Co-op Bank more than \u00a314m in 2007 after it rejected a succession of deals involving oppressive regimes, military hardware &#8211; and sporrans.<\/p>\n<p>The bank said strict rules on how customers treated their workers and the environment also led to record numbers of accounts being turned away or closed. <\/p>\n<p>Reasons for rejection included the sourcing of hardwood flooring and use of child labour. Kilts by Lindsay, a traditional Scottish dressmaker based in Livingston, was turned down for a business account because some of its sporrans are made from seal skin.<\/p>\n<p>[&#8230;]<\/p>\n<p><strong>Animal welfare accounted for 30% of the income forgone by the bank. Cosmetics manufacturers using animal testing were top of the list and there were several firms selling fur products. <\/strong>Firms considered to damage the environment made up a quarter of the lost income.<\/p>\n<p>Corporate banking profits increased by 11.7% last year from \u00a349.3m to \u00a355.1m. The bank said it uses external auditors to check its policies and verify their cost.<\/p><\/blockquote>\n<p><a href=\"http:\/\/www.guardian.co.uk\/business\/2008\/may\/21\/ethicalbusiness.banking\">No arms, no oppression &#8230; and no sealskin sporrans, says Co-op<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethical rules cost the Co-op Bank more than \u00a314m in 2007 after it rejected a succession of deals involving oppressive regimes, military hardware &#8211; and sporrans. The bank said strict rules on how customers treated their workers and the environment &hellip; <a href=\"https:\/\/grumpyvegan.com\/blog\/2008\/05\/25\/735\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9],"tags":[27,33],"class_list":["post-735","post","type-post","status-publish","format-standard","hentry","category-thinking","tag-grumpy-vegan-life","tag-thought-for-the-day"],"_links":{"self":[{"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/posts\/735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/comments?post=735"}],"version-history":[{"count":0,"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/posts\/735\/revisions"}],"wp:attachment":[{"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/media?parent=735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/categories?post=735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grumpyvegan.com\/blog\/wp-json\/wp\/v2\/tags?post=735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}