Tag: Triodos

Investors offered the opportunity to support the growth of low-carbon heating in the UK

Stuart Mitchell

One of the UK’s largest owner-operators of ground source heat pump systems (Renewable Heat Holdings Limited RHHL) is seeking to raise a total of £3 million in crowdfunding investment via Triodos Bank to accelerate the installation of ground source heat pumps in the UK – an important step in helping to lower the country’s carbon emissions. Currently, 78% of energy used to heat buildings is powered by gas. The transition to low energy heating remains significantly behind renewable electricity generation in the UK and is central to the plan to reach net…

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Triodos named UK’s Best Sustainable Bank

Stuart Mitchell

Triodos Bank UK has been recognised as ‘Best Sustainable Bank – UK’ at this year’s Responsible Banking Awards, run by CFI.co. Triodos Bank UK was noted in the judges’ report for serving as an international reference point for the balancing of ethical banking and business success. The award recognises the bank’s work across areas of sustainability including organic food and farming, nature-based investing, social housing, and as early pioneers in the funding of the clean energy transition. Bevis Watts, CEO of Triodos Bank UK, commented: “Sustainability is absolutely at the…

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2021 seen as a crucial year for climate action as optimism swells

Stuart Mitchell

People across the UK are looking to 2021 as a vital year for tackling the climate emergency and are planning a renewed surge of environmental action. New research from Triodos Bank can reveal that the majority of people in the UK (60%) believe that 2021 will be a pivotal year for building a greener future, especially as President-elect Joe Biden promises a renewed focus on leading the global response to the climate emergency – as the world builds back from Covid-19 and looks ahead to the postponed United Nations Climate…

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Covid-19 pandemic fuels demand for impact investments

Stuart Mitchell

The Covid-19 pandemic is driving the current growth in ethical investments, motivating one in five (22%) UK adults to explore ethical funds, a figure which increases to 35% of under 35s. Triodos Bank UK’s latest annual Impact Investing Survey has found that awareness of impact investing is significantly higher than in any other year since the survey began in 2016. Only 14% of respondents in 2020 were not aware they could choose to invest their money in ethical funds, in comparison to 2019 when over half (55%) of investors had not heard of impact funds. Not only is knowledge…

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Triodos tops global table as most active lead arranger for financing of renewable energy projects

Stuart Mitchell

Triodos Bank has topped the Clean Energy Pipeline Global League Table for number of clean energy deals in 2019, financing 73 deals worth a total $630 million (USD) across Europe. The deals incorporate onshore wind, offshore wind, solar, hydro and energy efficiency projects. This is the fifth year running that Triodos has topped the league table, released this week by Clean Energy Pipeline, demonstrating the bank’s commitment to volume, rather than simply size, of deals. Philip Bazin, energy sector lead at Triodos Bank UK, said: “We are proud to have…

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