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Triodos Bank UK has been named as an Eco Provider by Which?, one of only two banks in the UK to receive the accolade.
 

From its in-depth research process, Which? analysed the environmental credentials of the UK’s leading current account providers, working with the non-governmental campaign groups Reclaim Finance and Global Canopy to investigate policies on fossil fuels, agriculture and deforestation, alongside decarbonisation targets and transparency of reporting.

Triodos was recognised for having no exposure to fossil fuels, and having one of the highest scores for deforestation policies on key commodities. The analysis also explored transparency amongst financial providers, and whether customers can clearly review how their money is being invested. Triodos publishes information about every organisation that it lends to – a level of transparency that is not available with any other UK current account provider.

The analysis comes as the world’s biggest banks have backtracked on their climate commitments, providing $869 billion of oil and gas funding in 2024 – marking an increase in their fossil fuel financing for the first time since 2021. In April 2025, Triodos announced its decision to leave the Net Zero Banking Alliance (NZBA) due to a vote by the majority of member banks to lower the Alliance’s climate ambitions and set less strict requirements.

Roger Hattam, director of retail banking at Triodos Bank UK, said:“Given the worrying retreat on environmental and ethical commitments in recent months, this analysis is a timely reminder that where you bank matters. In our 30th anniversary year in the UK, this recognition of our sustained leadership should help anyone looking to take action and join an eco-friendly bank.

“Switching your bank account is a really easy way to make a stand against the threat of climate change. At Triodos, we offer the ease and convenience of banking via an app, without any of the worry about what your bank is funding behind your back.”

Phil Amy, Which?  Commercial Director, said: “Triodos should be proud of their status as a Which? Eco Provider in a time when many other banks are falling short. They have zero exposure to fossil fuels in their banking and have one of the highest scores on preventing deforestation amongst banks Which? examined. Alongside this their dedication to transparency through publishing their entire loan portfolio is admirable as it allows consumers to see where their money is being spent.
 
Consumers who are seeking to make more sustainable choices might want to consider switching banks if they are uncomfortable with their money being invested in fossil fuels. By choosing one of Which?’s Eco Providers, consumers can feel confident that their bank has impressive green credentials.”

The full research is available at: www.which.co.uk/news/article/eco-banks

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Notes to editors:

For further information and photography please contact:

Ed Grattan
T: 07817 413 792
[email protected]

    About the Triodos Current Account

    The account has a fair and transparent £3 monthly fee. The account provides:

    • Sustainable Visa Debit Card (contactless)
    • Tap to pay with Apple Pay and Google Pay
    • Bank statements available to download in the Triodos Mobile Banking App
    • Text alerts and push notifications for money management
    • Chat feature in the app and Internet Banking
    • 24/7 phone support for lost or stolen cards or card fraud
    • Friendly UK-based customer support during working hours
    • Secure access to Internet Banking on a desktop
    • A cheque book on request

    Further information: triodos.co.uk/current-accounts/current-account

    About Which?

    Which? is the UK’s consumer champion, here to make life simpler, fairer and safer for everyone. Our research gets to the heart of consumer issues, our advice is impartial, and our rigorous product tests lead to expert recommendations. We’re the independent consumer voice that influences politicians and lawmakers, investigates, holds businesses to account and makes change happen. As an organisation we’re not for profit and all for making consumers more powerful.

    About Triodos Bank  

    Founded in 1980, Triodos Bank has become a frontrunner in sustainable banking globally. As an independent bank that promotes responsible and transparent banking, it does not see any conflict between a focus on people and the planet and a good financial return. Instead it believes that they reinforce each other in the long-term.   

      Triodos Bank has banking activities in the Netherlands, Belgium, the UK, Spain and Germany as well as Investment Management activities based in the Netherlands but active globally. Triodos Bank co-founded the Global Alliance for Banking on Values (GABV), a network of sustainable banks. Together these banks want to grow sustainable banking and its impact on the real economy substantially.  

      Triodos Bank UK Ltd is a wholly owned subsidiary of Triodos Bank NV. Registered Office: Deanery Road, Bristol, BS1 5AS. Registered in England and Wales Company No. 11379025. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 817008. VAT reg no 793493383.