Triodos Bank, a for-profit financial institution based in the Netherlands, has launched two new investment funds, the Sustainable Pioneer Fund and the Sustainable Equity Fund. The Sustainable Pioneer Fund is an equity fund that focuses on investing in small and medium-sized firms that address issues relating to sustainable energy, medical technology, environmental technology and clean water. The Sustainable Equity Fund is an equity fund that invests in larger-scale firms that meet undisclosed social and environmental performance criteria. Both funds require a minimum investment of EUR 1,000 (USD 1,310).
All of Triodos’s investment decisions go through a screening process intended to block investments in nuclear power, oil, gas , weapons and other hazardous materials. As of year-end 2012, Triodos reported total assets of EUR 5.3 billion (USD 6.96 billion) and 400,000 customers. In addition to the Netherlands, Triodos has operations in Belgium, Germany, the Spain and United Kingdom.
By Brian LeBlanc, Research Associate
About Triodos Bank
Triodos Bank is a for-profit financial institution based in the Netherlands that focuses on banking practices it deems “ethical.” As of year-end 2012, Triodos reported total assets of EUR 5.3 billion (USD 6.96 billion) and 400,000 customers. In addition to the Netherlands, Triodos has operations in Belgium, Germany, the United Kingdom and Spain.
Sources and Additional Information:
Triodos press release, http://www.triodos.co.uk/en/about-triodos/news-and-media/media-releases/triodos-bank-launches-sri-funds-and-stocks-and-shares-isa/
Triodos website, http://www.triodos.co.uk/en/personal/ethical-investments/socially-responsible-investments/sustainable-pioneer-fund/about-the-fund/
Triodos website, http://www.triodos.com/en/investment-management/our-funds/institutional-investor/sustainable-equity-fund/about-the-fund/
MicroCapital article, July 17, 2012, “MICROCAPITAL BRIEF: Triodos Bank Loans $3.7m to Prizma of Bosnia and Herzegovina to Expand its Microfinance Operationgs,” https://www.microcapital.org/microcapital-brief-triodos-bank-loans-3-7m-to-prizma-of-bosnia-and-herzegovina-to-expand-its-microfinance-operations/
MicroCapital article, March 9, 2012, “MICROCAPITAL BRIEF: Triodos, Women’s World Banking to Co-Manage $30m Isis Microfinance Fund,” https://www.microcapital.org/microcapital-brief-triodos-womens-world-banking-to-co-manage-30m-isis-microfinance-fund/
MicroCapital article, October 15, 2011, “MICROCAPITAL BRIEF: Triodos Invests in Microfinance Institutions (MFIs) Advans Ghana, KixiCredito of Angola, TYM Fund of Vietnam, Belarusian Bank for Small Business,” https://www.microcapital.org/microcapital-brief-triodos-invests-in-microfinance-institutions-mfis-advans-ghana-kixicredito-of-angola-tym-fund-of-vietnam-belarusian-bank-for-small-business/
MicrCapital article, October 13, 2011, “MICROCAPITAL BRIEF: Triodos Invests in Microfinance Institutions (MFIs) Semilla Solidaria of Mexico; COMIXMUL of Honduras; Cacmy of Ecuador; Sembrar Sartawi IDEPRO of Bolivia,” https://www.microcapital.org/microcapital-brief-triodos-invests-in-microfinance-institutions-mfis-semilla-solidaria-of-mexico-comixmul-of-honduras-cacmu-of-ecuador-sembrar-sartawi-idepro-of-bolivia/
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