The phrase ‘ethical bank’ sounds like an entertaining oxymoron to the average reader. But Triodos is on a mission to change banking, “to make money work for positive social, environmental and cultural change”.
To help create a society that protects and promotes quality of life for all its members, Triodos has extensive ‘minimum standards’ for companies that it invests in, which covers areas such as health and safety, governance and human rights.
Triodos takes a similarly strong stance on sustainability. In 2017, 38% of loans went to environmental projects, including renewable energy, organic agriculture, and environmental technology. The bank also tackles animal rights issues, including policies on animal testing, factory farming, fisheries, fur and speciality leather.
Transparency is at the heart of all its transactions for Triodos. It even publishes details of every organisation it finances on its website, so customers can see how their money is delivering positive change for people and planet. A brighter future for banking.