Triodos Investment Management is a 100% subsidiary of Triodos Bank and is responsible for the management of the Triodos investment funds.
These funds allow individuals and institutions to invest directly in a number of sustainable sectors, including microfinance, sustainable trade, sustainable real estate, renewable energy, organic farming, conservation and arts and culture. The funds also invest in listed companies worldwide that provide sustainable products or services, or achieve above average social and environmental performance and actively contribute to sustainable development.
The retail investment funds for private investors are distributed by a number of banks, including branches of Triodos Bank. Direct contact is maintained with investors in institutional funds. Read the statement of for more.
Triodos Bank aims to enhance people’s quality of life. To this end it has more than 20 years experience in investment products that deliver social and sustainable economic change. As a result of this work it has become globally recognised as a front-runner in impact investing, producing social and environmental as well as financial returns. 2010 has been no exception for Triodos Investment Management.
In energy and climate, it was responsible for a reduction of over 1,309,916 tonnes of CO2 and increased the supply of sustainable energy sources by 1,114 MW.
In organic farming and organic food, it enhanced the quality of the production and consumption of food products by financing 167 farms, suppliers and distributors.
In arts and culture, it financed EUR 140 million in 25 projects, reaching 1.3 million visitors.
In real estate, it increased the quality and sustainability of the built environment by sustainably upgrading 14 buildings.
85 microfinance institutions were able to offer a variety of financial services to low-income people in developing countries because EUR 249 million was invested in them by the Emerging Markets funds.
Socially Responsible Investment (SRI)
Triodos Investment Management provides opportunities for people and institutions to invest in stock exchange listed companies that meet Triodos Bank’s strictest environmental, social, and governance criteria. Through these funds (the SICAV I funds) investors become part of a movement to make the world’s largest corporations adopt more sustainable practices. To do this Triodos Investment Management has engaged with 700 companies worldwide. In addition it invested in dozens of innovative stock exchange listed pioneering companies. Its SRI funds have invested 425 million in best in class and pioneering stock exchange listed companies worldwide and state bonds in Europe.
Funds performance in 2010
In 2010, the Triodos investment funds’ total assets under management increased by EUR 166 million to EUR 1,757 million, a 10.44% increase (2009: 31% increase). Growth in the Dutch Triodos Groenfonds and Triodos Cultuurfonds was steady until the autumn of the year, because of uncertainty surrounding the fund’s preferential tax arrangements from October 1st until mid-November. In general, growth for all the funds was steady throughout the year.
2010 marked the transfer of the Meerwaarde funds to Triodos SICAV I, in Luxembourg. This changed the legal seat of these funds and merged the Dutch and other European funds into one family of four funds. The funds are currently distributed in the Netherlands, Belgium, Denmark, France and Luxembourg.
Financial returns for all the funds were broadly in line with their direct competitors or equal to, or better than, the benchmark in their sectors.