Tag: Triodos Bank

Government inaction on tackling the climate crisis exacerbates feelings of eco-anxiety

Stuart Mitchell

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…

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Creative UK and Triodos Bank launch new £35 million Creative Growth Finance II fund

Stuart Mitchell

Creative UK has launched a new Creative Industries investment fund to support the UK’s bold ambitions to grow the sector by £50 billion and create one million extra creative jobs by 2030. The £35 million Creative Growth Finance II (CGF II) fund will provide the crucial investment needed to meet the targets set out in the UK government and Creative Industries Council’s recently published Sector Vision. Caroline Norbury OBE, Chief Executive, Creative UK, said: “Over the past decade the UK’s Creative Industries have grown more than 1.5 times the rate of…

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Triodos Bank UK named Charities’ Bank of the Year

Stuart Mitchell

Triodos Bank UK has won Charities’ Bank of the Year at the Charity Times Awards 2023, in recognition of its outstanding support for the sector. Organised by Charity Times, the awards are now in their 24th year and were held on 20 September 2023 to celebrate best practice across charities and not-for-profit organisations plus the businesses that support them. Phillip Bate, Director of Business Banking at Triodos Bank UK, said: “We believe banking can be a powerful catalyst for achieving positive and lasting change and have a strong affinity with…

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Triodos Bank ranked #1 globally for financing of clean energy projects

Stuart Mitchell

Triodos Bank has been named as the most active clean energy lead arranger by total number of deals in the past year. The top spot was achieved after the bank acted on 140 deals in 2022, with a total deal value of over half a billion US dollars ($504 million), incorporating traditional renewables such as onshore wind, solar and hydro, alongside EV charging, battery storage and energy efficiency projects. The independent analyst Clean Energy Pipeline has tracked and collated the activity of major financial institutions to create a comprehensive league…

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New finance allows HumanForest to double the size of its London e-bike fleet

Stuart Mitchell

HumanForest, London’s most affordable and environmentally responsible e-bike company, has raised £12m in a Series A funding round, bringing its total funds raised to £17m. The funding includes a £5m project finance facility from sustainable finance specialist Triodos Bank UK, as well as investment from venture capital firms and existing investors. The Triodos Bank-backed funding will enable HumanForest to double the size of its London fleet to meet growing demand for its services. The company has quickly grown market share in London since its launch 18 months ago, growing on…

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