Triodos Bank wants to report on the wider social, cultural and environmental impact of its finance. In 2013 we developed this work further writing an which explains our perspective on assessing impact, provides an international context for it through the work of the Global Alliance for Banking on Values in the same area, and starts to demonstrate Triodos Bank’s impact across the organisation in a more detailed, and meaningful way.
For more details about the background and methodology used to produce these figures . The way we measure impact will continue to evolve in 2014, in particular with a view to embedding the assessment of impact more deeply in the daily work of the business.
Numbers alone can only tell a limited story, however they do provide quantitative details of the impact of Triodos Bank’s mission in practice.
Triodos Bank finances enterprises that augment the in particular, and supports projects that reduce the demand for energy and encourage cleaner use of fossil fuels. By the end of 2013, Triodos Bank and its climate and energy investment funds were financing 376 projects across Europe (2012: 346), contributing to a generating capacity of 2,280 MW of energy (2012: 2,038 MW), or enough energy to meet the electricity needs of the equivalent of 1,480,000 European households during the year (2012: 1,300,000).
During 2013 Triodos Bank finance helped make it possible for 16.3 million visitors to enjoy , as a result of its lending and investments activity (2012: 5.7 million). The increase was particularly marked as a result of lending to film-makers in Spain.
Triodos Investment Management’s provided finance to 110 microfinance (2012: 99) institutions and other financial vehicles, in 44 countries (2012: 45), serving 7.9 million savers (2012: 6.4 million), and 8.4 million borrowing clients (2012: 6.9 million), in 2013.
The on the farms which Triodos Bank finances could produce the equivalent of just over 19 million meals in 2013, or enough food to provide a sustainable diet for 17,670 people during the year (2012: 16,800).