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.
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.
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 N.V.'s score of 44 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Triodos Bank N.V. reported total carbon emissions of approximately 1,402,000 kg CO2e. This figure includes Scope 1 emissions of about 199,000 kg CO2e, primarily from mobile combustion (137,000 kg CO2e) and stationary combustion (62,000 kg CO2e). Scope 2 emissions, related to purchased electricity, accounted for approximately 110,000 kg CO2e. The majority of their emissions stem from Scope 3, totalling about 1,093,000 kg CO2e, with significant contributions from business travel (576,000 kg CO2e) and employee commuting (463,000 kg CO2e). Triodos Bank has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 63% by 2035, using 2020 as the baseline year. This long-term target reflects their commitment to sustainability and aligns with industry standards for climate action. Additionally, the bank's portfolio targets cover 43% of its total investment and lending activities, demonstrating a proactive approach to managing climate-related risks and opportunities. Overall, Triodos Bank's emissions data and reduction initiatives underscore its dedication to addressing climate change and promoting sustainable finance within the banking sector.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 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 |
Scope 2 | 1,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 |
Scope 3 | 1,626,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
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 N.V. is participating in some of the initiatives that 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.