Vision Energy and Climate: Making contributions in the Energy and Climate sector by promoting sustainable energy has the potential to prevent massive climate change and irreparable damage to the planet. Reflecting to this, we aim to transition to a fossil-fuel free and low-carbon economy that requires an energy strategy containing three major elements:
1) Improve: optimize use of renewable energy sources
2) Reduce: reduce demand for, and more efficient use of energy
3) Increase: increase use of renewable energy sources
This is in line with Triodos Bank’s mission to create a society that promotes people’s quality of life especially since the world’s current unsustainable patterns of energy production and consumption are increasingly posing negative impacts on people’s lives.
The equity funds invests in unlisted proven renewable energy technology in Europe. The Investment team is based in the Netherlands. Investments are based on pro-active relationship management.
Triodos Investment Management applies positive ESG factors for all renewable energy projects. A deliberate choice is made on infrastructure projects fitting the overall values of Triodos Bank. Additionally all investments need to meet the investment universe Triodos Research applies.
Within the Energy and Climate department (Infrastructure) a ESG policy is in place. The investment manager analyses the project on its contribution on environmental, social and governance issues based on a DD questionnaire and open-end questions. All investment managers are experts in their area and base their judgment on their knowledge of the sector, added with information from external (technical/ESG) advisors, Triodos Research and external reports on the relevant sectors.
TIM Energy and Climate Department and the funds’ and businesses’ investment capital will align the investment strategy with Triodos Bank Minimum Standards for direct lending and equity participations to ensure that the capital is used to finance organizations that help to build a sustainable future for individuals, the community, and the environment