Triodos Bank, officially known as Triodos Bank N.V., is a pioneering ethical bank headquartered in the Netherlands (NL). Founded in 1980, it has established a strong presence across Europe, with significant operations in the UK, Belgium, Germany, and Spain. Specialising in sustainable banking, Triodos Bank focuses on financing projects that have a positive social, environmental, and cultural impact. The bank offers a range of core products and services, including personal and business accounts, savings, and investment options, all designed to promote transparency and sustainability. Triodos Bank is recognised for its commitment to ethical finance, positioning itself as a leader in the sustainable banking sector. With a mission to create a positive change through finance, Triodos Bank continues to set benchmarks in responsible banking practices.
How does Triodos Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Triodos Bank's score of 44 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Triodos Bank reported total carbon emissions of approximately 1,402,000 kg CO2e. This figure includes Scope 1 emissions of about 474,500 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of around 393,500 kg CO2e from purchased electricity. The bank's Scope 3 emissions, which encompass business travel, employee commuting, downstream leased assets, and waste generated in operations, totalled approximately 271,000,000 kg CO2e. Over the years, Triodos Bank has demonstrated a commitment to reducing its carbon footprint. For instance, emissions decreased from about 3,123,000 kg CO2e in 2016 to the latest figure in 2023, indicating a significant reduction trend. However, the bank has not set specific reduction targets or climate pledges as per the latest data. The bank's emissions profile shows a consistent focus on addressing Scope 3 emissions, which are often the most challenging to manage. Triodos Bank's efforts align with industry standards for climate action, although further commitments could enhance its sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 1,000 | 00,000,000 | 00,000 | 0,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
Scope 3 | 1,626,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Triodos Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.