Triodos Bank maps out its investments online

Depositers can see where their money is spent

A social lender has produced an online map of the investments it has made across the British Isles to make its investment strategy more transparent.

Triodos Bank has mapped more than 550 of its 650 investments in the UK and the Republic of Ireland so that its depositors can see exactly where their money goes. It says it is the first lender to make such a move and will update the remaining investments shortly.

"Transparency is one of our core values and this is another step in the right direction," said Bevis Watts, director of business banking at Triodos. "We would like to see other social lenders and mainstream lenders follow suit."

Watts said he hoped Triodos would soon be able to launch another site giving details of its micro-finance investments in 40 countries.

 

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert hub

Insurance advice from Markel

How bad can cyber crime really get: cyber fraud #1

Promotion from Markel

In the first of a series, we investigate the risks to charities from having flawed cyber security - and why we need to up our game...

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now