By using our website you agree that we can place cookies on your device. More information including how to disable cookies is available in our Cookie Statement

Environmental report

100%

Triodos Bank
offsets 100%
of its CO2 emissions.

Triodos Bank’s most significant impact comes from financing sustainable projects and entrepreneurs. But the organisation also has a responsibility for its own environmental impact as an institution.

The basic principle of the organisation’s environmental policy is the trias energetica.

This means that Triodos Bank keeps its energy consumption to a minimum, that it uses renewable energy or renewable resources where possible, and that it compensates the environmental impact of generated energy. In this way it minimises and compensates for its environmental impact. Triodos Bank is a climate-neutral organisation (CO2 neutral).

The year at a glance

All the electricity purchased by Triodos Bank was 100% renewable during the year. 54% was provided by wind energy and 35% by solar energy. The remaining energy was provided by other renewable sources.

We started the first BREEAM assessment, a leading environmental assessment method and rating system for buildings, in one of Triodos Bank’s Dutch properties. This initial self-assessment is categorised as ‘very good’. We will define the steps to take to improve this performance in 2015. Possible areas of improvement include further reducing internal waste and maintaining a more stable climate in the building.

The average CO2 emissions for Triodos Bank’s commercial fleet of cars, which all meet high sustainable performance levels, decreased by 3.5% from 107g in 2013 to 103g in 2014. In 2014, air travel, which was an area of particular focus during the year, decreased by 20% per FTE compared to an increase of 8% in 2013. The use of video conferencing has almost trebled in 2014 contributing to less frequent flights.

The total commuting distance travelled per FTE stayed almost the same, down by 0.22% in 2014. Triodos Bank co-workers travelled 39% of the total commuting distance by public transport (2013: 37%). Car use for commuting decreased by 4% per FTE.

The use of office paper decreased by 11% per FTE in 2014, and the use of printed paper increased by 4% per FTE and by 14% per client.

For the years 2011 to 2014 the data below are part of KPMG’s assurance.

[ Environmental key figures ]

Download XLS

absolute quantities/ftes

2014

2013

2012

2011

2010

 

 

 

 

 

 

Energy consumption

 

 

 

 

 

Electricity in kWh/fte

2,686

2,759

3,045

2,622

2,991

Gas in m3/fte

103

129

127

134

163

 

 

 

 

 

 

Business travel

 

 

 

 

 

By aircraft in km/fte

5,154

6,406

5,940

6,160

6,804

By car in km/fte

1,267

1,409

1,450

1,611

2,389

By public transport km/fte

674

810

858

1,194

1,149

 

 

 

 

 

 

Commuting

 

 

 

 

 

By car in km/fte

4,534

4,744

4,209

4,866

5,591

By carpool in km/fte

74

79

32

50

197

By public transport in km/fte

3,297

3,108

3,529

3,744

3,939

By bike or on foot in km/fte

575

566

628

639

724

 

 

 

 

 

 

Paper usage

 

 

 

 

 

Total paper usage in kg/fte

214

209

286

346

306

Blank copy recycled paper in kg/fte

20

23

23

25

32

Letter head paper/leaflets/etc. in kg/fte

194

186

264

321

274

Letter head paper/leaflets/etc. in kg/customer

0.34

0.30

0.44

0.60

0.56

 

 

 

 

 

 

Co-workers

 

 

 

 

 

Ftes

879

782

693

636

556

External, temporary co-workers

65

39

46

31

30

 

 

 

 

 

 

Buildings (absolute figures)

 

 

 

 

 

Surface area in m2

31,052

30,006

27,413

23,746

23,250

Volume in m3

102,407

98,397

91,253

81,957

88,256

 

 

 

 

 

 

[ Emission of CO2 (equivalents) ]

Download XLS

Amounts in thousands of kg

2014

2013

2012

2011

2010

 

 

 

 

 

 

Electricity

100

96

353

17

0

Gas consumption (heating)

124

130

112

34

232

 

 

 

 

 

 

Paper

314

265

468

907

686

Public Transport

260

224

209

136

107

Car

1,145

1,046

865

774

867

Flights

1,141

1,145

936

1,051

908

Total

3,084

2,906

2,953

2,919

2,800

Minus: Compensation for CO2 credits

(3,084)

(2,906)

(2,953)

(2,919)

(2,800)

 

 

 

 

 

 

CO2 balance (neutral)

0

0

0

0

0

CO2 compensation costs per tonne (EUR)

8.40

12.50

12.50

12.50

12.50

 

 

 

 

 

 

Prospects

A bank-wide three year plan will begin in 2015 to improve the measuring, reporting and verification of environmental data. In addition it will focus on a carbon strategy to reduce carbon and engage more effectively with co-workers on these issues.

Actions will include:

  • The introduction of an internal CO2 Management System
  • Benchmarking CO2 emissions with an external peer group
  • BREEAM In-Use extended to all Triodos Bank’s buildings in a first phase
  • Promoting an increased use of video conferencing
  • Assessing the effectiveness of carbon reduction initiatives and identifying good practice
  • Engaging the vendor management community to understand supply chain carbon management activities in more detail.