Triodos Bank UK has been named as an Eco Provider by Which? Money in their first ever analysis of the environmental credentials of UK current accounts. Triodos was recognised for having no exposure to fossil fuels and having clear, public environmental policies. Which?, the UK’s most popular consumer association, recognised these factors as an important part of its Eco Provider assessment. In a lengthy research process, Which? examined the claims of 13 of the UK’s leading current account providers, working with Reclaim Finance (a non-profit research organisation) to analyse fossil…
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Government inaction on tackling the climate crisis exacerbates feelings of eco-anxiety
Inaction from politicians and big businesses on environmental issues is worsening the public’s anxiety about the climate crisis, reveals new research from Triodos Bank UK. More than half of UK adults (51%) say they feel a sense of grief about what is happening to nature and the planet, with four in 10 (39%) reporting that they feel anxious about the climate crisis. This comes after a period of extreme weather events, including wildfires in Southern Europe and North America. One in six (18%) report suffering from eco-anxiety, a figure that…
Read MoreTriodos Bank UK recognised as ‘Best Buy’ for Stocks & Shares ISAs
Triodos was one of only two providers to secure Ethical Consumer’s ‘best buy’ rating, topping the leaderboard with 13.5 points out of 14. The independent research singled out the bank’s “exemplary transparency” which they described as being “way ahead of anyone in the sector”. A special May/June issue of the magazine focused on money tackles what is described by Ethical Consumer as a “tsunami of greenwash” from investment managers. Bevis Watts, CEO of Triodos Bank UK, said: “We are very proud of the portfolio of award-winning impact investment funds managed…
Read MoreOxygen Conservation and Triodos Bank UK announce landmark conservation-focused debt package
Oxygen Conservation has taken a significant step forward in its commitment to scaling conservation across the UK to deliver positive environmental and social impact. With the backing of a £20.55m loan facility from Triodos Bank UK, Oxygen Conservation has acquired 23,000 acres in Scotland – consisting of 11,407 acres of Langholm Moor, known as Blackburn and Hartsgarth, and an 11,626-acre estate at Invergeldie, near Comrie in Perthshire – marking what is believed to be the largest conservation-focused commercial debt package in the UK to date. Oxygen Conservation prioritises working with…
Read MoreFirst of its kind £1.5m nature restoration project to reduce flood risk
Triodos Bank UK has supported an innovative Natural Flood Management (NFM) project that will invest £1.5m to reduce flood risk to communities in Lancashire. This project is the first to use a new green investment financial model, which will see multiple beneficiary organisations repay the upfront investment through the sale of ecosystem services. It is also the first environmental project eligible for Social Investment Tax Relief (SITR). The launch of the project today was attended by Emma Howard Boyd, Chair of the Environment Agency and included a visit to the…
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