Scotmid to raise issue of ethics with RBS but campaign continues

Chief of the Beaver Lake Cree Al Lameman pictured with staff members of The Co-operative Bank.

Instead of banking with the relatively ethical Co-operative Bank, which is funding the legal battle of Canada’s First Nation people against the hugely environmentally destructive exploitation of tar sands, Scotmid chooses to bank with RBS, funding the exploitation! Click on the image to read more about this issue.

I have just received this response to my letter to Scotmid pointing out the contradiction between their ethical policies and their choice of bank (RBS):

Dear Dr Swanepoel

Thank you for your letter of 4 May 2012.

As I explained at the AGM the decision on our banking partner will take into account a range of business and other factors.

I am grateful for the extra information you have provided which I shall pass on to our Finance team to raise at the next regular meeting they have with RBS.

Yours sincerely

John R. Brodie
Chief Executive Officer

As there is no mention of ethics, I take this to be an admission that this “factor” was not mentioned in their deliberations on banking.  I shall send a brief response to this effect.   It would, of course, be wonderful if Scotmid had some influence on RBS’s policies.  That remains to be seen, but any pressure Scotmid exerts in this regard can surely only be strengthened if we continue to campaign on this issue, by petition and otherwise.  Please sign the petition at least, and tell your friends about it.

Many thanks!

Advertisements

About biowrite

I am a writer specialising in non-fiction, particularly in assisting people with their biographies.
This entry was posted in Miscellaneous, Politics and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s