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Environmental report

Triodos Bank's largest positive impact on the environment comes from financing entrepreneurs and enterprises developing innovative ways to combat climate change.

But the organisation also has a responsibility for its own environmental impact as an institution. You can find details of what this means in practice in this chapter, including Triodos Bank’s internal environmental policy, environmental management strategy and environmental performance during 2012.

Environmental Management System

Environmental considerations are a key part of everything Triodos Bank does.

An active Environmental Management System (EMS) monitors and reduces the adverse environmental impact of all its activities. EMS procedures are audited by the internal audit department, using risk based audit planning, to make sure the system continues to deliver meaningful improvements.

While implementing Triodos Bank's environmental policy is the responsibility of every co-worker, a general environmental manager and local environmental managers in each branch, are responsible for embedding the EMS within the organisation.

The local environmental managers inform and update all co-workers about their branch’s environmental performance and progress, at least twice a year, maintaining awareness about internal environmental issues.

Environmental key figures

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absolute quantities/ftes*

2012

2011

2010

2009

2008

2007

*

Ftes: average number of full time co-workers during the year.

**

The gas invoice of the UK office of the last two months of 2011 was received after finishing the figures of 2011. Therefore the gas usage in 2011 has been adjusted (+27m2/fte). The CO2 compensation of this gas will be done this year.

***

Business travel by car in 2011 has been adjusted (–226km/fte) due to a more accurate calculation of this figure.

****

Including December 2011 for The Netherlands

 

 

 

 

 

 

 

Energy consumption

 

 

 

 

 

 

Electricity in kWh/fte

3,045

2,622

2,991

2,884

3,075

2,961

Gas in m3/fte

127

134**

163

105

101

113

 

 

 

 

 

 

 

Business travel

 

 

 

 

 

 

By aircraft in km/fte

5,940

6,160

6,804

6,621

6,329

5,651

By car in km/fte

1,450

1,611***

2,389

2,596

2,416

2,130

By public transport in km/fte

858****

1,194

1,149

809

808

824

 

 

 

 

 

 

 

Commuting

 

 

 

 

 

 

By car in km/fte

4,209

4,866

5,591

6,229

5,458

5,201

By carpool in km/fte

32

50

197

238

131

203

By public transport in km/fte

3,529

3,774

3,939

3,820

3,642

3,796

By bike or on foot in km/fte

628

639

724

808

619

612

 

 

 

 

 

 

 

Paper usage

 

 

 

 

 

 

Total paper use in kg/fte

286

346

306

288

334

313

Office paper in kg/fte

23

25

32

 

 

 

Printed paper in kg/fte

264

321

274

 

 

 

Printed paper in kg/customer****

0.44

0.60

0.56

 

 

 

 

 

 

 

 

 

 

Co-workers

 

 

 

 

 

 

Ftes

693

636

556

477

393

346

External, temporary co-workers

46

31

30

33

43

40

 

 

 

 

 

 

 

Buildings (absolute figures)

 

 

 

 

 

 

Surface area in m2

27,413

23,746

23,250

18,933

15,040

12,546

Volume in m3

91,253

81,957

88,256

72,651

55,596

35,836

 

 

 

 

 

 

 

Key figures and basis of notes to them

The environmental key figures show the total figure for the five branches expressed per fte.

Triodos Bank’s temporary co-workers are included in the calculation of the environmental figures. This provides a more realistic picture of the organisation’s actual environmental impact. The co-workers engaged by Triodos MeesPierson are not included in this calculation because they do not use Triodos Bank’s buildings.

The energy figures show the electricity and gas consumption per fte. The figures are derived from invoices and meter readings.

Business travel data shows the number of kilometres per fte travelled by co-workers by public transport, plane, and car – whether in a private car or taxi based on distance declarations or in a company car using mileage readings.

Travel by plane and public transport is calculated on the basis of ticket data. Commuting distances are shown per fte and are based on the distance between home and work, as well as on data from interviews or co-worker questionnaires detailing the means of transport used. A car-pooler is defined as a co-worker who shares a car with another co-worker for commuting purposes.

Triodos Bank's main objective is to operate in a CO2 neutral way and therefore, in case of doubt, chooses to offset more CO2 emissions than, in theory, required to match its actual footprint.

In addition, Triodos Bank has opted to compensate all its emissions, irrespective of whether these emissions are offset by Triodos Bank's suppliers.

Paper usage is calculated using procurement invoices and by calculating the weight of the different types of paper used in each office, or by figures provided by the supplier.

In order to better determine what measures are needed to reduce paper usage Triodos Bank splits paper use between office paper and printed paper. Office paper shows the kilograms of paper used per fte and the printed paper shows the kilograms of paper used per customer.

Emission of CO2 (equivalents)

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in thousands of kg

2012

2011

2010

2009

*

The gas invoice of the UK office of the last two months of 2011 was received after finishing the figures of 2011. Therefore the CO2 compensation of this gas will be done this year.

**

50% of CO2 emissions were compensated by emission reduction projects, representing a value of EUR 15 per tonne of CO2 in line with the Gold Standard. The other 50% is accounted for by sustainable forestry projects, representing EUR 10 per tonne of CO2.

 

 

 

 

 

Electricity

353

17

0

138

Gas consumption (heating)

112

0

232

130

Gas consumption (heating)

 

34*

 

 

Paper

468

907

686

600

Public Transport

219

136

107

80

Car

865

774

867

832

Flights

936

1,051

908

824

Total

2,952

2,919

2,800

2,604

Minus: Compensation for CO2 credits

(2,952)

(2,885)

(2,800)

(2,604)

 

 

(34)*

 

 

CO2 balance (neutral)

0

0

0

0

CO2 compensation costs per tonne (EUR)**

12.50

12.50

12.50

12.50