Environmental key figures

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2022

2021

2020

2019

2018

Energy consumption (in buildings)1

 

 

 

 

 

Total electricity consumption in kWh

2,043,447

2,475,037

2,627,044

2,869,520

2,681,588

Electricity in kWh/fte

1,158

1,486

1,742

1,980

1,930

Total gas consumption in m3

58,361

65,630

68,888

143,816

143,935

Gas in m3/fte

33

39

46

99

104

Business travel2

 

 

 

 

 

By aircraft in km/fte

897

384

760

3,622

3,452

By car in km/fte

451

385

414

888

1,036

By public transport in km/fte

404

118

194

631

589

Commuting2

 

 

 

 

 

By car in km/fte

1,338

881

1,536

3,582

4,025

By public transport in km/fte

1,788

621

851

4,791

3,361

By bike or on foot in km/fte

220

112

317

1,282

606

Paper usage1

 

 

 

 

 

Total paper usage in kg/fte

18

34

34

67

81

Blank copy recycled paper in kg/fte

2

2

3

11

13

Letter head paper/leaflets/etc. in kg/customer

0

0

0

0

0

Waste3

 

 

 

 

 

Waste in kg/fte

45

75

49

 

 

Co-workers

 

 

 

 

 

Internal in fte

1,633

1,533

1,404

1,346

1,297

External in fte

132

133

105

104

93

Buildings (absolute figures)

 

 

 

 

 

Surface area in m2

26,697

28,830

36,409

36,734

34,321

Volume in m3

88,578

94,443

122,954

123,929

114,445

1

For the calculations per fte, the total number of fte's are used (internals plus externals).

2

Only kilometers travelled by internal co-workers are taken into account. For the calculations per fte, also only the number of internal fte's are used.

3

This key figure is related to the waste generated in operations and has been added to the reporting scope retroactively from 2020.

Emission of CO2 (equivalents)

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in thousands of kg

2022

2021

2020

2019

2018

Scope 1

 

 

 

 

 

Gas consumption (heating)

59

66

61

70

73

Fossil-fuelled company cars & lease cars

191

176

109

197

156

Scope 2

 

 

 

 

 

Electricity1

10

3

14

22

7

Electric company cars & lease cars2

48

50

42

65

19

Scope 3

 

 

 

 

 

Privately owned cars, rental cars & taxi's

406

227

469

1,165

1,312

Public transport

60

28

35

130

105

Flights

290

118

215

1,129

997

Paper

41

72

65

123

143

Waste3

25

23

25

 

 

Downstream leased assets4

178

178

178

 

 

TOTAL5

1,308

942

1,215

2,901

2,812

Minus: Compensation for CO2 credits

-–1,713

-–740

-–1,011

-–2,901

-–2,812

CO2 balance

-–405

202

203

-

-

 

 

 

 

 

 

CO2 compensation costs per tonne (EUR)

€ 17.55

€ 12.65

€ 10.95

€ 8.40

€ 8.40

1

Due to changes in the method of calculation, the CO2 emissions of electricity has fluctated in previous years.

2

As the source for electricity is not always clear, we assume grey electricity for charging.

3

These are emissions related to the waste generated in operations. This category has been added to the reporting scope retroactively from 2020.

4

These are emissions related to our Investment property and Repossessed property held-for-sale (note 8 and note 12 to the consolidated balance sheet). This category has been added to the reporting scope retroactively from 2020, using the data for 2022 as estimates for 2020 and 2021 due to lack of data from before 2022.

5

For the calculation of the total emissions, the unrounded values ​​of the items were used, which might give a different result than the sum of the rounded values.

Methodology

The data to calculate the final CO2 footprint of Triodos Bank are collected by Local Environmental Managers (LEMs) in the various countries where Triodos Bank has its operations. They complete all data, including underlying evidence, in a CO2 Management Application of the Climate Neutral Group (CNG). The Environmental manager in The Netherlands checks if the input of all data and evidence has been done correctly. After the completion of this phase, all data is consolidated by the Finance Division (using the four eyes principle). Finally, an external auditor checks if all relevant data has been entered accurately and approves the outcome. CNG determines conversion factors for the calculation of the amount of greenhouse gas emissions caused by Triodos Bank on an annual basis. The conversion factor multiplied by the outcome of the different components results in Triodos Bank’s total CO2 footprint.

The CO2 footprint breakdown in different scopes is in line with international standards like the Greenhouse Gas protocol (GHG Protocol) and the Global Reporting Initiative (GRI).