Finance for good
2024 Annual Report


In 2024, we maintained our course in values-based banking, proving that solid financial performance, good risk management and positive impact can go hand in hand.
Impact
Making money work for positive change

Making money work for positive change
From the beginning, Triodos Bank has championed the conscious use of money and its direct impact on the world. We have always envisioned a world in which all people have the necessary tools and resources to live fulfilling lives, and in which the economy operates in harmony with nature. We do this by enabling individuals, institutions and businesses to use money more consciously to make money work for positive change.
2024 at a glance
Highlights
committed for investments, loans and contributions to the Nature-based Solutions sector between 2020 and the end of 2030.
citizens signed an initiative we co-initiated calling on the Dutch House of Representatives to act now to phase out fossil fuels.
Depository Receipt (DR) Holders approved the listing of Triodos Bank DRs on Euronext for which preparations are well underway.
Impact
ktonne CO2e emissions avoided through 561 renewable energy projects financed worldwide.
older people cared for at 594 care homes financed across Europe.
ktonne CO2e emissions generated from outstanding loans and investments.
Financials
return on equity. Excluding the provision for the settlement offer to eligible DR Holders, the return on equity is 5.6% (2023: 6.1%).
cost income ratio. Excluding the provision for the settlement offer to eligible DR Holders, the cost-income ratio is 76% (2023:73%).
net profit. Excluding the provision for the settlement offer to eligible DR Holders, the net profit is EUR 71.9 million (2023: EUR 77.2 million).
People
co-workers (2023: 1,851).
highest paid co-worker to median salary (2023: 4.9).
personal and business banking customers (2023: 746,479).