Outsourcing or procurement

External suppliers are assessed according to social and environmental criteria, including Triodos Bank’s own sustainability criteria and best environmental practice. All Triodos Bank’s suppliers, from caterers to building maintenance services, are asked to provide information on their sustainability policy and practice. They are asked to provide details of labour conditions for their employees, necessary permits, and whether they use environmentally friendly resources and production processes. The Belgian branch set up working groups within the office to explore ideas for more sustainable procurement of services at work, and living more sustainable lifestyles at home.

If possible, Triodos Bank employs suppliers that are located close its offices. If appropriate, it asks for a tailor-made approach to sustainability, including using sustainable raw materials and sourcing products, in turn, from local suppliers. The energy-efficiency of office equipment and environmental impact of other products is used to inform decisions before buying them. Through its procurement, Triodos Bank encourages its suppliers to address social and environmental issues in a more conscious and sustainable way.

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