●●○ medium
There is no confirmed −; independently verified + decide the position (A). No unreachable strike-through.= non-additive meter
Triodos Bank N.V.: Money only to businesses that benefit people and the planet. Banks often channel money to fossil fuels and weapons. Triodos Bank (founded 1980, based in the Netherlands with operations in Belgium, Germany, the UK, and Spain) was born to do the opposite. The name means “the meeting of three roads” — people, planet, profit. It lends only to organizations it judges to bring positive social, cultural, or environmental impact (“positive screening,” not merely avoiding harm), and does not lend to fossil fuels, weapons, nuclear power, or fur. Distinctively, it publishes all of its loans. Its about 747,000 customers can see exactly which fair-trade businesses, organic farms, renewable-energy projects, social housing, and cultural organizations their money supports. It works only in the “real economy,” not complex financial products, and keeps its internal salary range at about 1:9. In 2023 alone it lent over €2 billion to wind and solar, and it reports transparently, including its portfolio's negative impacts. The letter is A; certainty is medium. Unconfirmed concerns are placed under “Watching.” (As of 2026-Q2; estimate based on public information.)
Main narrative
Banks often channel money to fossil fuels and weapons. Triodos Bank (founded 1980, based in the Netherlands with operations in Belgium, Germany, the UK, and Spain) was born to do the opposite. The name means “the meeting of three roads” — people, planet, profit. It lends only to organizations it judges to bring positive social, cultural, or environmental impact (“positive screening,” not merely avoiding harm), and does not lend to fossil fuels, weapons, nuclear power, or fur.
Distinctively, it publishes all of its loans. Its about 747,000 customers can see exactly which fair-trade businesses, organic farms, renewable-energy projects, social housing, and cultural organizations their money supports. It works only in the “real economy,” not complex financial products, and keeps its internal salary range at about 1:9. In 2023 alone it lent over €2 billion to wind and solar, and it reports transparently, including its portfolio's negative impacts.
One person’s story (N1)
+ before → after
Windpark Krammer, the Netherlands' largest citizen-funded wind project, might not have passed at a conventional bank. With financing from a bank like Triodos that “lends only to positive impact,” citizen-owned clean electricity is generated, pushing out fossil fuels. Depositors can confirm, on the published loan list, that their money turned this turbine. Businesses like the organic/biodynamic farm Warmonderhof support soil and living things by the same mechanism.
Source nature: Triodos Bank / 各種報道 / P2 major media. Positive effects are not used to offset negatives.
Positive / negative effects
+ effects
- Triodos was named “Sustainable Bank of the Year” (2009) by the Financial Times and IFC (World Bank Group), rated “the highest across the whole site” by the independent ethical assessor Ethical Consumer, with a Good Shopping Guide score of 98. A peer-reviewed journal (PLOS One) also records the transparency of its entire loan portfolio and its 1:9 salary range. It holds B Corp certification and is a core bank of the Global Alliance for Banking on Values (GABV).P1 international award/academic / Financial Times / IFC / Ethical Consumer / PLOS One
− effects (confirmed)
- No confirmed −.
- The outcome of the governance issue over depository receipts/liquidity; independent verification of impact; risk management of lending-recipient supply chains (mining, etc.). The depository-receipt issue was largely resolved in 2025 via settlement and Euronext listing (TRIO), with some litigation continuing in Spain and elsewhere.
A second look
[Reference — a finance/governance point, not counted toward the protected-stakeholder ceiling] Because it stays unlisted, around the depository receipts (certificates) it issues itself, a trading suspension during COVID (2020-21) and a price drop (€84 → about €27) harmed certificate holders' liquidity and asset value, and a holders' body petitioned the Enterprise Chamber of the Amsterdam Court of Appeal for an inquiry. Resolution advanced in 2025: in January 2025 it settled with a Dutch holders' body (Stichting Certificaathouders Triodos Bank) — €10 compensation per DR for holders as of June 28, 2023, plus governance improvements and better liquidity, covering about 14.2 million DRs, with about €101 million provisioned in the 2024 accounts — and on June 18, 2025 it listed on Euronext Amsterdam (ticker TRIO, reference price €30) to improve trading access. Some litigation continues in Spain (300+ cases) and Belgium. This is an impact on investors (category iii) and is not counted toward the protected-stakeholder ceiling. Some impact figures are company-reported, and human-rights/environmental risk upstream (mining) of the renewable-energy supply chain is a residual issue the company itself acknowledges.
Sources
How to read this assessment
- Reachable upper bound (ceiling): a confirmed − sets the ceiling, and independently verified + decide the position within it. + do not cancel out −.
- The weight of evidence is not symmetric: only confirmed − are counted; the volume of disputes or allegations goes under “Watching.” + are counted from independent evidence, while an organization’s own PR is treated as “reference.”
- Size is not value: scale is not used in the assessment. Matters that stay within money or competition—investors, shareholders, sanctions, trade secrets—are also excluded.
- The letter (assessment) and certainty (how reliable the information is) are separate axes.
This is a translation; the Japanese version is authoritative. The assessments here are generated automatically by AI based on published criteria. The operator does not alter individual results. Because they are AI-generated they may contain errors, and they are opinion and commentary, not statements of fact. Where evidence is insufficient, the entry is marked “On hold.” Requests for correction are accepted via the form.
Terms: Narrative Value = an assessment (A–G) of the distance between the story an organization tells and its reality / Ceiling meter = a visualization of the reachable upper bound / Watching = unconfirmed matters not counted / Protected stakeholders = people, animals, nature, and future generations. | Generated by: AI | As of: 2026-Q2 | Back to top