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Banking – Header image (photo)

Influencing the banking industry

  • We influence the wider banking industry, not just who we finance
  • We promote diversity, transparency and sustainability
  • We act domestically, in Europe and internationally

Our lending process integrates environmental sustainability, human dignity and economic resilience so that the enterprises we lend to can help improve people’s quality of life.

As well as financing progressive entrepreneurs, we also want to influence the banking sector itself, to help deliver our mission. Because the more sustainable, diverse and transparent the banking industry, the more we believe people’s quality of life will improve.

Triodos Bank’s six steps to change the sector

  1. Embedding our values and whole-system sustainability thinking into our operations

  2. Financing social, environmental and cultural projects that create a positive impact

  3. Apply rigorous lending criteria and develop specialist sector knowledge

  4. Be transparent about who we lend to and our business model

  5. Prove that a values-based banking model can be commercially robust and resilient

  6. Collaborate at a practical and strategic level with other values-based banks around the world to help grow a movement

Our impact on the Banking Sector

We put time and effort into influencing the sector itself: domestically in all the countries where Triodos Bank works by engaging with policy-makers and others on the future direction of the banking industry; on a European level through co-founding initiatives like the Sustainable Finance Lab, a body designed to develop practical ideas for a more robust, sustainable banking industry; and internationally by co-founding the Global Alliance for Banking on Values an international network of sustainable banks committed to growing the impact of the individual members and the wider values-based banking movement.

A new kind of banking

We believe that the banking sector can benefit from the integration of three key concepts: diversity, transparency and sustainability.

  • Diversity in Banking
    Firstly we believe that a diverse banking system will serve the diversity of our economies better. We need more, smaller banks, not a small number of large ones.

    Ultimately this is a challenge for governments and regulators, as well as banks. And we want to play our part in supporting other financial institutions through networks such as the Global Alliance for Banking on Values.
     
  • Transparent Banking
    Trust is a crucial part of banking. It will only be fully restored when the banking industry is transparent about its business models and its lending activity, so stakeholders know how their money is used by their bank, and how their bank makes, or loses, its money.

    Whilst this is something that needs to be lead by consumer demand, Triodos Bank wants to serve as a reference point for the degree of transparency that is possible in banking.
     
  • Sustainable Banking
    We strongly believe that the principles of sustainability are fundamental to the responsibilities of a bank.

    It is only be assessing systemic forces – including environmental and social consequences – and the long-term picture that economic activity and bank lending can be healthy.

Our impact on the banking sector

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Education – Impact measures (graphic)