Triodos Bank’s Executive Board provides a perspective on the wider world it operates in, its impact and activity in 2016 and its prospects for the future.
Socially Responsible Investments
Triodos SICAV I consists of four Luxembourg-based sub-funds that are distributed in The Netherlands, Belgium, Luxembourg and Germany.
In 2016, the fund volumes of Triodos SICAV I increased by 4.1% to EUR 1,347 million (2015: 25.0% to EUR 1,283 million).
These four funds are Triodos Sustainable Equity Fund, Triodos Sustainable Pioneer Fund, Triodos Sustainable Bond Fund and Triodos Sustainable Mixed Fund. All invest in shares and bonds of listed companies. These companies perform well socially and environmentally, relative to peers in their sectors. Their work has been recognised with several awards. For instance, Triodos Sustainable Pioneer Fund won the prestigious Thomson Reuters Lipper Award for being the best performing fund over three years in the Equity Global Small and Mid Caps category.
Promoting corporate social responsibility produced positive results in 2016. Triodos Research made use of voting rights on behalf of the Triodos SICAV I fund at 109 shareholder meetings. The companies concerned were informed about the issues that Triodos intended to vote on in advance of these meetings, allowing organisations to take meaningful steps to address them.
Triodos Research engaged 467 times with 215 companies, leading to a number of improvements in their corporate social responsibility policies and performance (2015: 650 times with 280 companies).
Through this work, Triodos Investment Management demonstrated that sustainable investment on the stock market can lead to material developments in sustainable corporate behaviour.