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Environmental report

As a European bank, with a strong shared mission and autonomous local branches, the environmental policy may differ across the countries where Triodos Bank operates, reflecting differences in the individual offices’ stage of development, size, culture and local legislation. This report covers environmental policy applying to the whole bank.

Triodos Bank offsets 100% of its CO2 emissions. (impact statistic)

The key environmental figures largely concern the achievements of all the branches of Triodos Bank, expressed per FTE and/or client. Temporary co-workers are included in the calculation of the environmental figures. Co-workers of the Triodos MeesPierson joint venture are not included in the figures because they do not use Triodos Bank’s buildings.

The values-based bank

Triodos Bank is a values-based bank whose mission is to use money as a catalyst for positive social, environmental and cultural change. Everything the organisation does, including how it approaches its institutional responsibility for the environment, reflects this mission.

Environmental management system

An active environmental management system (EMS) monitors and reduces the adverse environmental impact of all Triodos Bank’s activities. EMS procedures are audited by the internal audit department, using risk-based audit planning, to make sure the system continues to deliver meaningful improvements.

A general environmental manager and local environmental managers in each branch are responsible for embedding the EMS within the organisation.

The local environmental managers inform and update all co-workers about their branch’s environmental performance and progress at least twice a year, maintaining awareness about internal environmental issues.

Environmental key figures

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absolute quantities/ftes*

2013

2012

2011

2010

2009

*

Ftes: average number of full time co-workers during the year.

 

 

 

 

 

 

Energy consumption

 

 

 

 

 

Electricity in kWh/fte

2,759

3,045

2,622

2,991

2,884

Gas in m3/fte

129

127

134

163

105

 

 

 

 

 

 

Business travel

 

 

 

 

 

By aircraft in km/fte

6,406

5,940

6,160

6,804

6,621

By car in km/fte

1,409

1,450

1,611

2,389

2,596

By public transport in km/fte

810

858

1,194

1,149

809

 

 

 

 

 

 

Commuting

 

 

 

 

 

By car in km/fte

4,744

4,209

4,866

5,591

6,229

By carpool in km/fte

79

32

50

197

238

By public transport in km/fte

3,108

3,529

3,774

3,939

3,820

By bike or on foot in km/fte

566

628

639

724

808

 

 

 

 

 

 

Paper usage

 

 

 

 

 

Total paper use in kg/fte

209

286

346

306

288

Office paper in kg/fte

23

23

25

32

 

Printed paper in kg/fte

186

264

321

274

 

Printed paper in kg/customer

0.30

0.44

0.60

0.56

 

 

 

 

 

 

 

Co-workers

 

 

 

 

 

Ftes

782

693

636

556

477

External, temporary co-workers

39

46

31

30

33

 

 

 

 

 

 

Buildings (absolute figures)

 

 

 

 

 

Surface area in m2

30,006

27,413

23,746

23,250

18,933

Volume in m3

98,397

91,253

81,957

88,256

72,651

 

 

 

 

 

 

Key figures and notes

The environmental key figures concern the achievements of all Triodos Bank’s branches expressed per FTE and/or client. Temporary co-workers are included in the calculation of the environmental figures. The co-workers engaged by Triodos MeesPierson are not included in this calculation because they do not use Triodos Bank’s buildings. This provides a more realistic picture of the organisation’s actual environmental impact.

The energy figures show the electricity and gas consumption per FTE. The figures are derived from invoices and meter readings.

Business travel data show the distances per FTE travelled by co-workers by public transport, plane or car (whether in a private car or taxi based on travel expenses claims or in a company car using odometer readings).

Travel by plane and public transport is calculated on the basis of ticket data. Commuting distances are shown per FTE and are calculated on the basis of information supplied by co-workers, who are asked to include the distance from home to work and the means of transport used. A car-pooler is defined as a co-worker who shares a car with a colleague for commuting purposes.

Paper usage is calculated using procurement invoices and by calculating the weight of different types of paper used in each office, or by figures provided by the supplier.

In order to better determine what measures are needed to reduce paper usage Triodos Bank splits paper use between office paper and printed paper. Office paper shows the kilogrammes of paper used per FTE. Printed paper shows the kilogrammes of paper used per client.

Triodos Bank's main objective is to operate in a CO2-neutral way. In case of doubt, it chooses to offset more CO2 emissions than, in theory, are required to match its actual footprint. In addition, Triodos Bank compensates all its emissions, irrespective of whether they are offset by its suppliers.

Emission of CO2 (equivalents)

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in thousands of kg

2013

2012

2011

2010

2009

*

The gas invoice of the UK office of the last two months of 2011 was received after finishing the figures of 2011. Therefore the CO2 compensation of this gas was done in 2012.

**

50% of CO2 emissions were compensated by emission reduction projects, representing a value of EUR 15 per tonne of CO2 in line with the Gold Standard. The other 50% is accounted for by sustainable forestry projects, representing EUR 10 per tonne of CO2.

 

 

 

 

 

 

Electricity

96

353

17

0

138

Gas consumption (heating)

130

112

0

232

130

 

 

 

34*

 

 

Paper

265

468

907

686

600

Public Transport

224

219

136

107

80

Car

1,046

865

774

867

832

Flights

1,145

936

1,051

908

824

Total

2,906

2,952

2,885

2,800

2,604

Minus: Compensation for CO2 credits

(2,906)

(2,952)

(2,885)

(2,800)

(2,604)

 

 

 

(34)*

 

 

CO2 balance (neutral)

0

0

0

0

0

CO2 compensation costs per tonne (EUR)**

12.50

12.50

12.50

12.50

12.50