Triodos Values Equity Fund
Through Triodos Values Equity Fund you invest in listed companies with a strong financial position as well as a solid social and environmental performance. In addition to the usual risk and return analysis, a thorough assessment is made of the sustainability characteristics of these companies. Triodos Bank’s research team is responsible for the sustainability research and defines the investment universe based on social and environmental criteria. For more information about the research process, dialogue with companies and research news, visit the Research & Dialogue section of this website.
Delta Lloyd Asset Management, which handles the financial side of the fund’s management, subsequently selects the investment mix from this investment universe.
Below you find the listed companies that Triodos Values Equity Fund invests in as at March 2010. They belong to the most sustainably operating companies in the world.
3i Group
3i Group is a financial institution that has set a goal to become carbon neutral.
Adecco
Adecco from Switzerland is an industry leader in terms of transparency and governance policies.
adidas
adidas is a sporting goods maker that is very transparent about its supply chain.
AGL Energy
AGL Energy is a multi-utility company that is committed to reducing greenhouse gas emissions.
Ahold
Ahold is a supermarket operator whose environmental program addresses energy efficiency, logistics and packaging materials.
Arcadis
Arcadis is an engineering company with a strong focus on business ethics.
ARM Holdings
ARM Holdings develops microprocessors.
Asahi Pretec
Asahi Pretec is specialised in the recycling of metals and remediation of industrial waste.
Beckman Coulter
Beckman Coulter contributes to improving health care by producing tests and supplies that simplify and automate laboratory processes.
BG Group
BG Group is active in the extraction and distribution of gas and shows a fine performance in social sustainability aspects.
British Land
British Land is a property development company that aims to become carbon neutral.
BT Group
BT Group is a provider of internet and telecommunication services with a strong customer focus and the best sustainability performance in its industry.
BWT (Best Water Technology)
Best Water Technology produces water treatment solutions that are intrinsically tied to sustainability.
Calgon Carbon
Calgon Carbon’s activated carbon is used to safely remove harmful substances from the environment.
Carrefour
Carrefour is a food retailer that focuses on reducing its environmental impact.
CME Group
CME Group, the largest and most diverse financial exchange in the world has a strong sustainability performance as it reports extensively about business ethics.
Coca-Cola Hellenic Bottling Company
Coca-Cola Hellenic Bottling Company bottles non-alcoholic beverages from a range of manufacturers and has a good sustainability performance.
Cree
Cree develops technologies that contribute to more energy-efficiency, like LED-based lightning.
Danone
Dairy food producer Danone calls corporate social responsibility “the Danone way”.
Denso
Denso produces auto components with a close eye on environmental performance.
Dentsply
Dentsply improves health care by manufacturing dental and dental care products for consumers and for laboratory use.
Deutsche Post
Deutsche Post performs well on sustainability after it ended its involvement in Burma.
Dexia
Dexia is one of the most sustainable banks in Northwest Europe that sets targets to increase the use of renewable energy.
Diageo
Diageo is an alcoholic drinks producer that performs well on sustainability issues and promotes responsible use of alcohol.
Dionex
Dionex manufactures chromatography and extraction systems that are used in environmental analysis.
DnB Nor
DnB Nor is a financial services group that takes sustainability into account in the assessment of loans.
Donaldson Company
Donaldson Company helps to protect the environment by manufacturing filtration products for engines that keep them cleaner and reduce emissions.
DSM
DSM is a producer of fine chemicals and a sustainability frontrunner in the industry.
eBay
eBay operates a global online marketplace in a responsible way, offering a multitude of products.
EDP Renováveis
EDP Renováveis produces renewable energy from wind, biomass and hydropower.
Edwards Lifesciences
Edwards Lifesciences is the number-one heart valve company in the world.
EnerNOC
EnerNOC contributes to energy efficiency by assisting commercial and industrial consumers to voluntarily reduce their energy demand.
First Solar
First Solar contributes to renewable energy technology by manufacturing modules for solar power plants.
Fresenius Medical Care
Fresenius Medical Care provides products and services to individuals with chronic kidney failure.
Fuel Tech
The products of Fuel Tech help reduce the emission of nitrogen oxide in combustion processes.
Gamesa
Gamesa is a leading manufacturer of wind turbines and manages renewable energy plants.
Google’s way of operating in China serves as an example for the industry.
Hain Celestial
Hain Celestial contributes to healthier people and a cleaner environment by producing natural and organic food and beverages.
Henkel
Henkel makes household and personal products while showing the best sustainability performance in its industry and without animal testing.
Hennes & Mauritz
Hennes & Mauritz is a clothing and apparel company that pro-actively tries to improve labour conditions with its contractors.
Horiba
Horiba contributes to the development of low-emission, fuel-efficient engines for cars.
Iberdrola
Iberdrola Renovables is specialised in the development of renewable energy power plants.
Inditex
Inditex ranks number one in its industry and has strong supplier programmes.
ING Group
ING Group is a financial services company that aims to become carbon neutral.
Insituform Technologies
Insituform Technologies rehabilitates underground sewers and pipelines, protecting the environment by reducing waste and contamination.
Interface
Interface is a good example of what companies with a regular product can do to meet sustainability demands.
Intertek
Intertek provides testing and inspection services for product safety and performs well on sustainability issues.
Itron
Itron’s products contribute to efficient use of water and energy.
Johnson & Johnson
Johnson & Jonhson produces pharmaceutical and consumer products with the help of high ethical standards and renewable energy.
Johnson Matthey
Johnson Matthey is a chemicals company with a strong corporate governance performance that makes products that help reduce industry emissions.
JS Group
JS Group makes building materials with an open eye for product quality and environmental care.
Juniper Networks
Juniper Networks designs network infrastructure with a focus on quality.
Land Securities
Land Securities is a property development company that is active in all fields of sustainability.
Man Group
Man Group provides investment products and brokerage services and shows strong performance in business ethics.
Medtronic
Medtronic is a leader in medical technology, providing solutions for people with chronic disease such as diabetes, heart disease, neurological disorders, and vascular illnesses.
Nokia
Nokia makes cell phones with a strong sustainability performance and an open eye for access to economic opportunity.
Nomura
Nomura is an investment bank that aims at reduction of energy consumption.
Novo Nordisk
Novo Nordisk is the sustainability leader among European pharmaceutical companies and induced Triodos to reconsider its strict approach of the supply of medicines to Myanmar.
Ormat Technologies
ORMAT uses the earth’s warmth as a renewable energy source for the generation of electricity.
Pentair
Pentair is specialised in water treatment technology.
Philips Electronics
Philips Electronics produces light – not only the bulbs, but also solar powered light for remote areas in developing countries.
Potash
Potash makes potash, nitrogen and phosphate, and bases remuneration on environmental performance.
PPR (Pinault Prentemps Redoute)
PPR is a retail and luxury goods company with a strong sustainability performance.
Qualcomm
Qualcomm provides technology for wireless communication, has a good sustainability performance and is committed to access to information.
Reed Elsevier
Reed Elsevier publishes legal, business, scientific, and educational information supported with editorial ethics and has a good sustainability performance.
Repsol
Repsol is an Oil and Gas company that consults with communities and is committed to reducing its environmental impact.
Roche
Roche is a pharmaceutical company that is transparent about key sustainability issues like animal testing and genetic engineering.
Roth & Rau
The products of Roth & Rau help to improve the efficiency of solar cells, as such contributing to the development of renewable energy sources.
SAP
SAP provides resource-planning software for companies and has a strong quality management.
Schneider Electric
Schneider Electric manufactures equipment for electrical power distribution and is a signatory to the UN Global Compact.
Sharp
Sharp makes consumer electronics and its environmental programs include targets that are monitored.
Shimano
Through its premium bicycle products, Shimano contributes to sustainability.
Simon Property
Simon Property manages shopping centers with a strong focus on business ethics.
Smith & Nephew
The products of Smith & Nephew help people recover after illness or injury.
Sperian Protect
Core business of Sperian Protect is contributing to the health and safety of people by personal protection in professional settings.
Sunpower
Sunpower contributes to the generation of renewable energy by producing solar panels.
Suntech Power
Suntech designs and manufactures innovative solar energy solutions.
Swisscom
Swisscom is a provider of telecommunication services with an open eye for the sustainability of its suppliers.
Taiwan Semiconductors (TSMC)
TSMC is a semiconductor foundry that performs well on sustainability in its industry.
Telefonica
Telefonica is one of the leading fixed and mobile telecommunications companies and performs above the sector average in all sustainability aspects.
TNT
TNT is a postal system operator that helps fight world hunger and shows the strongest sustainability performance in its sector.
Unibail-Rodamco
Unibail-Rodamco operates shopping centres and offices and engages with stakeholders about its environmental impact.
United Utilities
United Utilities supplies water and electricity and discloses the origin of the electricity it supplies.
Vestas Wind Systems
Vestas is a producer of wind power systems that not only contributes to the generation of renewable energy but also uses mainly renewable energy in its processes.
Vodafone
Vodafone provides mobile telecommunication services and shows a strong sustainability performance.
Volkswagen
Volkswagen aims to continuously improve the environmental performance of its cars and asks its suppliers to commit to the same principle.
Walt Disney
Walt Disney is known worldwide for its movies and takes labour conditions with its contractors serious.
Waste Management
Waste Management offers waste and environmental services that include energy production at landfills.
Westpac Banking
Westpac Banking is an Australian Bank that is widely recognised as an industry leader in transparency and sustainability.
Wolters Kluwer
Wolters Kluwer is a multi-media publisher with programs to reduce its environmental impact.
- Research newsletter
Now available: Triodos Sustainability Research e-zine. You can view the latest edition and subscribe to this newsletter.
- Pioneers in sustainability
- We added six CSR Pioneers to the investment universe of Triodos Values Pioneer Fund. Each of them sets itself apart from other companies with innovative products and sustainable solutions for the future. One of the new pioneers is Chipotle, that serves Mexican-style fast food in the US.
- Because you’re worth it!
- Being eco-friendly seems to be the latest beauty trend. Can you imagine cosmetics giant L’Oréal as a frontrunner in sustainability? Triodos’ new sector study on stock listed companies in the personal care industry places the company far ahead of its peers, Shiseido, Beiersdorf (Nivea), Estée Lauder and Avon Products.
- Specialty Chemicals
- DSM and Johnson Matthey continue their position in the Triodos sustainable investment universe.


