Supervisory Board Report
The Supervisory Board supervises and reviews the activities and the decisions of the Executive Board, the development of Triodos Bank’s operations and the realisation of its mission, and contributes to strategy development. In addition, it assists the Executive Board by providing advice and guidance. The review is based on reports on business, finance and other aspects, and on presentations, conversations and visits. These are scheduled so that all substantive areas of Triodos Bank are covered within a two-year time frame.
Triodos Bank in a changing banking landscape
The Supervisory Board is pleased that Triodos Bank has continued to extend its impact, deliver a fair profit and be both relevant and a reference point for stakeholders with an interest in values-based banking.
Social, technological, regulatory and market developments affected and changed the banking landscape in 2015. These changes influence banking business models including Triodos Bank’s and have directly impacted on its plans for the next three years. The Supervisory Board welcomes its response, and particularly its plans for the coming three years. The organisation is an effective, integrated values based bank that is well aware of its strengths and its opportunities in the market. During 2015 comprehensive discussions across the bank led to a strategic focus and a concrete solid business plan for the next three years to generate more impact, maintain a resilient financial foundation and deliver a fair return.
The Supervisory Board supports the Executive Board, and Triodos Bank’s co-workers, in their continuing efforts to make a deep-seated and positive difference to the development of people’s quality of life.