Triodos Bank tops global table for financing of clean energy projects

Triodos has topped a global league table for most clean energy deals executed by a bank, after financing more than $433 million (USD) in 2020. With a total of 69 deals across Europe, Triodos took the title of ‘Most Active Lead Arranger’, incorporating traditional renewables such as onshore wind, solar and hydro, alongside EV charging, battery storage and energy efficiency projects. This is the sixth year running that Triodos Bank has topped the league table, published by independent analyst Clean Energy Pipeline, incorporating lending from Triodos Bank UK Ltd, Triodos…

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Triodos Bank wins at British Bank Awards

Triodos Bank UK has been recognised at the British Bank Awards 2021. The sustainable bank was highly commended in the ‘Best Ethical Financial Provider’ category and named ‘Best Savings Provider’. Triodos was nominated in four categories overall, including ‘Best Current Account Provider’ and ‘Best British Bank’. Entirely voted for by customers, the awards are given to financial companies that offer the best products, innovation and service. In total, over 90,000 people voted in this year’s awards. Bevis Watts, chief executive of Triodos Bank UK, said: “We offer a unique element…

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Triodos Bank’s lending for impact in Wales reaches £44m

Triodos Bank UK’s lending to values-focused organisations and businesses in Wales reached £44m last year. The news comes as the sustainable bank, which only lends to projects working to benefit social, cultural or environmental causes, has employed a dedicated relationship manager based in, and covering, Wales. During 2020, the bank’s loan book included a wide range of Welsh organisations, ranging from community energy projects to housing co-operatives, and organic farming to spiritual retreats. Triodos’s lending to projects in Wales saw a 45% growth between 2017 and 2020. Organisations supported in…

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Specialist charity partners with Triodos Bank for £1.5m bond offer

Triodos Bank UK is partnering with Paces Sheffield – a leading charity for children and adults with Cerebral Palsy and other neurological motor disorders – to raise £1.5 million through a new bond offer on the Triodos Crowdfunding platform. The proceeds will be used to deliver a new home for Paces School, allowing the charity to increase the number of pupils and families it supports by over 75%. Paces aims to positively change the lives of those it supports and focuses on ability, not disability. It runs Paces School, a…

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Triodos Bank joins the Net-Zero Banking Alliance

Triodos Bank has become one of the first banks to join the Net-Zero Banking Alliance (NZBA) convened by the UN, laying the groundwork for the huge but critical challenge facing the global banking community. The alliance joins the Race to Zero and was co-launched by the Prince of Wales’ Sustainable Markets Initiative Financial Services Taskforce (FSTF). A total of 43 banks from 23 countries (with assets of $28.5 trillion) form Net-Zero Banking Alliance with its members committing to align operational and attributable emissions from their portfolios with pathways to net-zero by…

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