Triodos Bank N.V. Sustainability Profile
Triodos Bank N.V., headquartered in the Netherlands (NL), is a pioneering ethical bank that has been at the forefront of sustainable finance since its establishment in 1980. With a strong presence across Europe, particularly in the UK, Belgium, and Germany, 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 banking, investment funds, and sustainable mortgages, all distinguished by their commitment to transparency and ethical investment. Triodos Bank is recognised for its innovative approach to banking, having achieved significant milestones in promoting sustainable development and responsible banking practices. As a leader in the ethical banking sector, Triodos Bank continues to set benchmarks for sustainability and social responsibility in the financial industry.
DitchCarbon Score
How does Triodos Bank N.V.'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.
Industry Average
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.
Industry Benchmark
Triodos Bank N.V.'s score of 51 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Triodos Bank N.V.'s reported carbon emissions
In 2024, Triodos Bank N.V., headquartered in the Netherlands, reported total carbon emissions of approximately 2,575,931 tonnes CO2e. This figure includes 179,000 kg CO2e from Scope 1 emissions, 121,000 kg CO2e from Scope 2 (market-based), and a significant 2,559,000,000 kg CO2e from Scope 3 emissions, primarily from investments. The bank has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 63% by 2035, using 2020 as the base year. This target is part of their broader strategy to achieve net-zero emissions across all scopes by 2035, validated by the Science Based Targets initiative (SBTi) in March 2023. In 2023, Triodos Bank reported total emissions of about 1,308,000 tonnes CO2e, with Scope 1 emissions at 263,000 kg CO2e and Scope 2 emissions at 102,000 kg CO2e (market-based). The bank's emissions have shown fluctuations over the years, with a notable decrease from 2,901,000 kg CO2e in 2019 to 1,308,000 kg CO2e in 2023. Triodos Bank's commitment to sustainability is reflected in its investment strategies, which cover 43% of its total investment and lending by total assets under management as of 2020. The bank's targets are aligned with the necessary reductions to limit global warming to 1.5°C, demonstrating its dedication to addressing climate change effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 174,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,000 | 00,000 | 00,000 | 0,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 2,770,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000 | 0,000,000 | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is Triodos Bank N.V.'s Industry?
How Carbon Intensive is Triodos Bank N.V.'s Location?
Triodos Bank N.V.'s Scope 3 Categories Breakdown
Triodos Bank N.V.'s Scope 3 emissions, which increased by 861% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 99% of Scope 3 emissions.
Top Scope 3 Categories
Triodos Bank N.V.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Triodos Bank N.V. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
