Triodos

Triodos Bank is a European ethical bank founded in the Netherlands in 1980. It operates in the Netherlands, Belgium, Germany, Spain, and the United Kingdom, focusing on sustainable and socially responsible banking. The bank's mission is to make money work for positive social, environmental, and cultural change. Triodos Bank concentrates on three key areas: energy and climate, food and agriculture, and socially inclusive business. It offers a range of services including retail banking, business banking, private banking, and investment management. The bank only lends to and invests in organizations that contribute to a sustainable society. As of December 31, 2022, Triodos Bank had total assets under management of 22.5 billion euros. The bank provides project finance loans ranging from £2 million to £20 million, repayable up to 25 years. Typically, they finance up to 70% of a project's value. To receive funding, projects must align with Triodos Bank's sustainable mission and pass their positive screening criteria. The bank excludes investments in non-sustainable sectors such as nuclear energy, weapons, fur, and pornography. Recent projects financed by Triodos Bank include renewable energy initiatives, organic farms, fair trade businesses, and cultural institutions. The bank also supports microfinance initiatives in developing countries through its investment management arm.