Finances sustainable and socially responsible projects across Europe.
Triodos Bank is a European ethical bank founded in 1980 in the Netherlands. It operates in five European countries and focuses on financing sustainable and socially responsible projects and businesses. The bank's core areas include renewable energy, organic farming, social housing, and cultural initiatives. Triodos Bank offers a full range of banking services for individuals and businesses, including savings accounts, investments, and loans. As of 2022, the bank managed over €24 billion in assets. Triodos Investment Management, a subsidiary, manages 20 sustainable investment funds with €5.7 billion in assets under management. The bank only lends to organizations that contribute positively to society and the environment. Typical project financing ranges from small loans to multi-million euro investments. Criteria for funding include the project's social, cultural, or environmental impact, as well as its financial viability. Recent projects financed by Triodos include renewable energy initiatives, organic farms, and cultural institutions. For example, in 2023, Triodos provided €3.6 million in project finance for a 5.6 MWp solar plant in Spain, combining senior debt with community investment. Triodos Bank is recognized as a leader in sustainable banking and is a founding member of the Global Alliance for Banking on Values, promoting a more transparent and sustainable financial sector.