External suppliers are assessed according to social and environmental criteria, including Triodos Bank’s own sustainability criteria and best environmental practice. In 2012, it started to map the sustainability standards used in the countries where it’s active. Building on this work, further steps will be taken in 2013 to build a more socially and environmentally sound procurement policy.
In Spain, for example, the branch has adopted a new standard in office furniture, only using Forest Stewardship Council (FSC)-approved wood and natural varnishes.
Triodos Bank aims to make maximum use of the services of companies that work with people with physical and learning disabilities.
If possible, Triodos Bank employs suppliers that are located close to its offices. And, if appropriate, asks for a tailored approach to sustainability, including using sustainable raw materials and sourcing products, in turn, from local suppliers.
The energy-efficiency of office equipment and environmental impact of other products is used to inform decisions before buying them. Through its procurement, Triodos Bank encourages its suppliers to address social and environmental issues in a more conscious and sustainable way.