Triodos Bank is a member of several local, regional and international platforms and associations, consisting of a diverse set of organisations, such as the Global Alliance for Banking on Values (GABV), the Global Impact Investing Network (GIIN), B Corp, United Nations Environment Programme Finance Initiative (UNEP-FI), United Kingdom Social Investment Forum (UKSIF) and many more.
Triodos Bank partners on products and funds with a number of NGOs including Amnesty International in several countries, HIVOS in The Netherlands, the Soil Association and Friends of the Earth in the UK as well as working with NGOs via its own foundations, such as Fundación Triodos in Spain.
In addition, Triodos Bank engages in selected stakeholder dialogues and presentations that are aligned with its mission and values. For instance, the organisation’s Socially Responsible Investment (SRI) funds work closely together with NGOs to help determine sustainability standards for various industries.
Financial education is an annual theme of Triodos Bank’s stakeholder engagement activities. During 2017 coworkers, including our Chief Operating Officer, Jellie Banga, again provided guest lessons in schools during the Dutch ‘Week van het Geld’. Triodos Bank’s online magazine in Spain, La Revista Triodos, has developed a new section, “Repensar el dinero” (Re-thinking money), to promote financial education. It includes a series of articles and videos featuring interviews with well-known economics experts. These experts are asked questions on the theme ‘What is money?’ The purpose of the articles is to foster a thoughtful and critical view on money, consumption and economics among our customers and society. While in Germany Triodos Bank collaborated with three other sustainable banks to organise the second ‘Fair Finance Week’ in Frankfurt, providing speeches, discussions and workshops for the public.
The Triodos Foundation organised, in collaboration with other entities, the Educational and Shared Gardens’ Conference in Spain during the year. More than 150 people from different schools and academies participated in the university Politécnica de Madrid. The first part of the event was a round-table meeting where participants could listen to relevant voices in education, academia and from the Madrid City Council. The awards ceremony for the best organic gardens in schools took place afterwards. An activity for children was organised at the same time.
Triodos Bank has ongoing dialogues with local and national governments and supervisory bodies, sometimes in partnership with other financial institutions or other partners. It engages in conversations about the sector and has regular meetings to discuss issues that are relevant to its business. Key topics it focuses on in conversations and consultations include the positive impact and potential of sustainable banking, the strength of greater diversity in the banking industry and the need for broader retail participation in impact investing.
Triodos Bank is a member of Banking Associations across Europe and is engaged in governmental and supervisory consultations with a focus on maintaining a diverse banking landscape and fair and effective regulatory conditions for small and medium-sized banks. Triodos Bank launched various initiatives in 2017 to foster the debate on what is needed for a successful sustainable transition needed to reach the Paris Climate Coals. Triodos Bank initiated a letter of CEOs of Dutch financial institutions that called an active interplay from government, business and the financial sector. Later in the year Triodos bank launched, in a collaborative effort of the GABV, Finance Watch and Mission 2020 a white paper with ideas for necessary conditions to shape sustainable finance.
Triodos Bank continued its contribution in 2017 in an important multi-stakeholder initiative that was developed in 2016 by the Dutch banking sector in close cooperation with NGOs, unions and the Dutch government, to draw up a covenant on international corporate social responsibility, with a particular emphasis on Human Rights.
Triodos Bank’s profile has developed rapidly in recent years in all the countries where it operates, via coverage in the media in particular. In Germany Triodos Bank established a network of digital influencers in the field of sustainability: #nachhaltige100, for whom also two in person meetings were organised. The 2017 launch of the Triodos Bank Personal Current Account in the United Kingdom generated significant media attention with over 70 pieces of press coverage. Triodos Bank in Spain organised a launching event for a new financing agreement to promote theatre projects and scenic arts was presented. Over 50 people, including many cultural journalists, visited.
Triodos Bank uses social media, such as Twitter, Instagram, Facebook, Youtube and LinkedIn, to communicate news, attract new coworkers and to engage with stakeholders interested in its story. The organisation regularly invites journalists to discuss new innovations and themes that its work addresses, highlighting the potential for a more transparent, diverse and sustainable banking industry.
Triodos Bank is transparent about the impact of its finance with the press and its wider stakeholders. All the organisations it finances are visible on its websites.