Impact measures

As a result of its lending and investments activity to cultural institutions across Europe, Triodos Bank helped make it possible for 25.8 million visitors (2018: 22.6 million) to enjoy cultural events during 2019 including cinemas, theatres and museums. This represents the equivalent of 35 cultural experiences per Triodos Bank customer.

Impact measures

As a result of its finance across Europe around 43,000 individuals (2018: 41,000) were residents of facilities at 516 elderly care homes financed by Triodos Bank and Triodos Investment Management in 2019, representing the equivalent of 21 days of care per Triodos Bank customer.

Impact measures

Triodos Bank and its investment funds, offered via Triodos Investment Management, finance and co-finance enterprises that increase the use of renewable resources in particular and supports projects that reduce the demand for energy and promote energy efficiency.

It’s important to note that we include an attribution approach in our carbon disclosures. This means that we calculate avoided emissions as they relate to the proportion of our finance in a project. For example, if we are responsible for half of a project’s finance, we report half of the avoided emissions generated by that project. This attribution approach is a more accurate reflection of Triodos Bank’s responsibility for the greenhouse gas emissions of the projects it finances and is consistent with the PCAF methodology.

By the end of 2019, Triodos Bank and its climate and energy investment funds were financing 504 projects in the energy sector. This included 26 energy efficiency projects, 40 sustainable power projects in a construction phase and another 438 sustainable power generating projects (2018: 451).

These renewable energy projects avoided about 0.9 million tonnes CO2 (2018: 0.9 million tonnes) that can be attributed to Triodos Bank’s financing.

The total generating capacity of these projects was 3,900 MW (2018: 3,800 MW), producing the equivalent of the electricity needs of 4.6 million households worldwide (2018: 2.5 million) or 0.7 million based on an attribution approach. This years’ increase in total number of households is due to new, large renewable energy investments in emerging markets where the average electricity consumption per household is significantly lower than in Europe.

The 504 projects include 215 wind power projects, 224 solar photovoltaic projects, and 33 hydro projects. The rest include heat and cold storage, biomass and a diverse range of energy efficiency initiatives.

Impact measures

At year-end 2019, Triodos Investment Management’s specialised emerging markets funds provided finance to 109 financial institutions working for inclusive finance in 45 countries. These values-based institutions vary from very small NGOs working in underdeveloped markets to fully-fledged banks that offer a wide range of products and provide access to fair and transparent financial services for people and small businesses.

Together these organisations reached 19.1 million borrowers who borrow to start or expand their business, generate income, and better manage their daily lives (2018: 19.2 million). Of these loan clients, 75% are female. Women are often in disadvantaged positions in many developing countries. Giving women the freedom to manage their income and to provide for their families empowers their position.

Impact measures

At year-end 2019, Triodos Investment Management’s specialised emerging markets funds provided finance to 109 financial institutions working for inclusive finance in 45 countries. These values-based institutions vary from very small NGOs working in underdeveloped markets to fully-fledged banks that offer a wide range of products and provide access to fair and transparent financial services for people and small businesses.

Together these organisations reached approximately 19.2 million individuals saving for their future (2018: 11.1 million). The substantial increase in the number of savers is due to the combined effect of existing institutions growing their savers’ base, as well as institutions that started reporting for the first time in 2019 using the new online investee portal.

Impact measures

The organically managed land on the farms which Triodos Bank and Triodos Investment Management financed in 2019 could produce the equivalent of 31 million meals in 2019, or enough food to provide a sustainable diet for approximately 28,000 people (2018: 29,000).

Together they financed approximately 34,000 hectares of organic farmland across Europe. This means one football-pitch sized piece of farmland for every 13 customers, each one producing enough for 550 meals per year.

Impact measures

Approximately 660,000 individuals benefited from the work of 380 education initiatives financed by Triodos Bank in 2019 (2018: 680,000).

For every Triodos Bank customer, the equivalent of almost 1 person was able to learn and grow because of education provided by an establishment we financed.