New Green Leaves rating will enable investors to gauge climate impact of investments
The world's first climate impact rating for funds, Climetrics, which launched on July 6 2017, has rated Triodos Sustainable Equity Fund and Triodos Sustainable Pioneer Fund as leading investment funds for climate-responsible investing with a top rating.
The rating - symbolized by green leaves issued on a scale of one to five - will enable investors to gauge and compare the climate impact of investments in funds and potentially encourage growth in climate-responsible fund products. Triodos Sustainable Equity Fund was rated with five green leaves and Triodos Sustainable Pioneer Fund with four leaves.
Of the more than 2,500 funds rated by Climetrics - representing close to EUR 2 trillion - 221 funds were recognized as 5-leaf by the new rating, meaning Triodos Sustainable Equity Fund is among the top 8% ranked funds for sale in Europe for low-carbon investment.
Erik Breen, Head of SRI at Triodos Investment Management: "We are very pleased with the recognition of Triodos Sustainable Equity Fund and Triodos Sustainable Pioneer Fund's climate responsible character. As sustainable investment funds, planet awareness, including climate protection, is one of the funds' main focus areas, besides topics such as human rights, human dignity and governance. In general, the equity fund market could be a significant lever for mitigating climate change. This new rating system will allow investors to compare funds' climate-related performance and we will be following the implementation and development of this rating for funds with much interest."
Climetrics is backed by international climate specialists: CDP, the global not-for-profit holding the most comprehensive set of corporate environmental data, and ISS-Ethix Climate Solutions, part of the responsible investment arm of Institutional Shareholder Services Inc. Climetrics was initiated and funded by Climate-KIC, the European Union's main climate innovation initiative.
A full overview of the top-rated funds can be found on climetrics-rating.org.
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About Triodos Bank
Triodos Bank is a global pioneer in sustainable banking using the power of finance to invest in projects that are good for people and the planet. Triodos uses its €13.5 billion (2016) in assets to create social, environmental and cultural value in a transparent and sustainable way.
With UK operations based in Bristol, Triodos Bank has branches in the Netherlands, Belgium, Spain, Germany and an agency in France. Globally, Triodos Bank has microfinance projects in Central Asia and Eastern Europe, and is a founding member of the Global Alliance for Banking on Values (GABV), a worldwide network of 36 banks seeking to transform finance into a vehicle of positive influence.
Triodos Bank NV (incorporated under the laws of the Netherlands with limited liability, registered in England and Wales BR3012). Authorised by the Dutch Central Bank and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request.