Triodos Bank wants to report on the wider social, cultural and environmental impact of its financing activities. The way we do this will continue to develop in 2012.
Our 2011 online annual report now includes details of Triodos Bank’s non-financial impact in energy and climate, care for the elderly, culture, microfinance, and organic food and farming sectors. While numbers alone can only tell a limited story, they do provide quantitative details of the impact of Triodos Bank’s mission in practice. We are careful not to over-claim with these figures, and take time to explain . For more about the people and stories behind the numbers, please visit www.triodos.com/knowwhereyourmoneygoes.
Triodos Bank finances enterprises that augment the use of renewable resources in particular, and supports projects that reduce the demand for energy and encourage cleaner use of fossil fuels. By the end of 2011, Triodos Group and its climate and energy investment funds were financing 361 projects across Europe (306 in 2010), with a generating capacity of 2,134 MW of energy (1,624 MW in 2010), or enough energy to meet the electricity needs of the equivalent of 1,500,000 European households during the year.
During 2011 Triodos Bank finance helped make it possible for 6.8 million visitors to enjoy theatres or museums across Europe, as a result of its lending and investments activity (2010: 3.3 million).
As a result of its lending across Europe 10,331 individuals (2010: 4,818) used facilities offered by care for the elderly projects at over 100 care homes financed by Triodos Bank.
Triodos Investment Management’s specialised microfinance funds provided finance to 96 microfinance (2010: 85) institutions and other financial vehicles, in 43 countries (2010: 43), serving 7.9 million borrowing clients (2010: 7.4 million), in 2011.
The organically managed land on the farms which Triodos Bank finances could produce the equivalent of just over 18 million meals in 2011, or enough food to provide a sustainable diet for 16,500 people during the year.