Triodos Bank is among the six founding partners of PBAF. It was founded in 2019. Today, the partnership consists of 21 members and total participant assets under management are 5.8 trillion USD.

Biodiversity loss
The planet’s biodiversity is rapidly declining. Studies show that 1 million plant and animal species are threatening to become extinct. The world is losing biodiversity at an unprecedented rate. This is one of the greatest challenges for the existence of life on earth. Triodos Bank believes we are at the point that we should not talk about reducing harm to biodiversity, but about regeneration. That is exactly what Triodos Bank aims to do with its loans and investments.

2021: common metrics
The shared ambition of the PBAF partners is for financial institutions to measure their impact on biodiversity, for them to be transparent about their impact reporting and for them to set targets to improve their ecological footprint. The collaboration between financial institutions to find common ground will help formulate business strategies that have a positive impact on biodiversity.

The aim is to present a new report describing the partners’ common metrics in 2021. To achieve this, the partners will team up in a number of working groups to address relevant issues, such as:

- Biodiversity impact of investments in the agricultural sector.
- Biodiversity impact of and dependencies in equity investments.
- Biodiversity impact of investments in forestry, agroforestry and ecological restoration.

Members of PBAF
The founding partners of PBAF are ASN Bank (part of de Volksbank), ACTIAM, FMO, Robeco, Triodos Bank and Triple Jump.

The new members are ABN AMRO Bank, APG, Achmea Investment Management, a.s.r. vermogensbeheer, BNP Paribas, de Volksbank, Finance in Motion, FirstRand Group, NN Investment Partners, NWB Bank, Piraeus Financial Holdings,Rabobank, Rathbone Greenbank Investments, UFF African Agri Investments and Van Lanschot Kempen.