Our ambition: net zero by 2035

Triodos Bank has set the ambitious target to reach net zero by 2035 at the latest. Our target covers our entire portfolio of loans to customers, the complete range of funds managed by Triodos Investment Management and our own operations. We aim to reach this target by reducing our own emissions and the emission intensity of the activities we finance. We also invest in Nature-based Solutions that remove carbon from the atmosphere.

We want to get there together

We want to take everyone along on our journey towards net zero and leave no one behind. Through engagement, inspiration, financing, and advice we will help our clients and investees reduce their emissions - starting with the highest emitters in our portfolio. Eventually all clients and investees should make credible efforts to eliminate their abatable greenhouse gas emissions.

Science Based Targets initiative

For its target setting, Triodos Bank follows the methodology of the Science Based Targets initiative (SBTi). The SBTi considers emission reduction targets as science-based if they are in line with the latest scientific insights into meeting the goals of the Paris Agreement. In March 2023, the SBTi has validated Triodos Bank’s near-term emission reduction targets.

1 We reduce the emission intensity of our portfolio

We aim for a significant reduction in emission intensity of our business lending and mortgage portfolio

Our focus on impact determines which sectors we finance and how we finance them. We value and support the work of companies, organisations and people who seek, through their activity, to benefit people and the planet. We have built a track record of financing organisations that work in the nature and environment sectors, social business, culture and welfare. Our lending customers have an important role to play in achieving our net-zero ambition. Ultimately, we will have to succeed together in reducing GHG emissions. We will continue to engage with our customers, helping them to realise a reduction in emissions.

We also want to reduce property-based emissions and transform existing housing to zero-emission or zero-emission ready. We introduced our first green mortgages in 2012, providing a full energy audit and a sliding scale of interest rate discount based upon the energy label of the house. The more energy efficient the home, the lower the interest rate. Today, we still relate the interest rates to the energy performance and offer a unique biobased mortgage to stimulate biobased building methods.

2 We invest in Nature-based Solutions

We grow our portfolio of investments in Nature-based Solutions

We will increase our investments in Nature-based Solutions: sustainable forestry, rewilding and nature conservation projects and regenerative organic agriculture – removing carbon from the atmosphere and supporting biodiversity and local communities.

By catalysing, developing and selecting projects with multiple positive impacts (climate, resilience, biodiversity, community livelihoods, health & wellbeing) we can help address multiple challenges while also making progress on our net zero goals. By integrating regenerative practices we will help farming clients to reduce and sequester emissions on agricultural land.

In the UK we have already helped catalyse the creation and investment of new business models to support the restoration and conservation of nature. Whether it is peatland, wetlands, grasslands, or forests, there is huge potential to recognise the multiple impacts that each project can deliver whilst sequestering atmospheric emissions.

We are working on setting up a dedicated blended finance fund to finance sustainable forestry, nature conservation & restoration and smallholder agroforestry in Africa and Latin America.

3 We engage our clients and our community

We move as a movement, together with our clients, our investees and a growing group of likeminded organisations

We aim for all our investments (listed and private debt and equity) to have a reduction in carbon intensity so that we can be net-zero in 2035. We will collaborate and work together with other parties, stimulate private public cooperation and build a movement of likeminded people.

We have an ongoing commitment to improve the banking and financial sector, creating an industry that understands its impact and takes responsibility for it. As such, we are part of a growing group of organisations working towards changing finance for the better, through organisations such as the Global Alliance for Banking on Values, WWF, UN Principles for Responsible Banking, Global Impact Investing Network and Partnership Biodiversity Accounting Financials and many more.

We have benefited from open discussions with our stakeholders for many years and in varied ways from client days connecting hundreds of customers in all the countries where we work, to meetings and conversations with investors in the bank itself. Triodos Bank has been certified as B Corporation since 2015. We will continue to collaborate with a range of organisations to promote values-based business with human dignity at its core.

Our ambition: net zero by 2035

Everybody is talking about zero, but the most important number is one

Our road to 2035 and beyond

Key pillars of our net zero strategy

We aim for a significant reduction in emission intensity of our business lending and mortgage portfolio

We grow our portfolio of investments in Nature-based Solutions

We move as a movement, together with our clients, our investees and a growing group of likeminded organisations

News and updates about our Net-Zero ambition

Triodos Bank’s 2035 emission reduction targets validated as science-based

Progress and intermediate targets

Net zero - What does it actually mean?

Triodos Bank sets target to reach net zero by 2035

Main

Impact investing

Impact investing strategies

Insights

Triodos IM office

Media enquiries

Investor relations

Funding options

Your personal cookie settings