The greenest way to invest

Accelerating the energy transition

Triodos Groenfonds is the oldest and largest fund managed by Triodos Investment Management. It invests in senior debt loans to projects in the Netherlands that meet the Triodos lending criteria and have obtained a green certificate by the Dutch government. Sectors include renewable energy, organic farming, nature and landscape and sustainable real estate. Renewable energy in the Netherlands is the largest sector within the investment portfolio.

Since 2014, Triodos Groenfonds finances wind, solar and hydro projects in emerging markets. These projects are also eligible for a green certificate. The fund may invest up to 20% of its net assets in renewable energy projects in 46 designated emerging countries. Currently, about 6% of the fund’s capital is invested in eight different emerging countries.

Investment goals
Triodos Groenfonds aims to accelerate the energy transition with four specific impact goals:

Improve energy efficiency - The fund's investments contribute to a reduction of electricity or heat consumption, measured in avoided CO₂ emissions.
Increase the capacity of renewable energy generation - The fund's investments directly add renewable energy capacity and thus decrease the carbon footprint of the energy mix. We measure our impact in generation capacity and number of households provided with renewable energy. Read the case studies about Floating Solar Tynaarlo and San Martin Hydro to find out how the fund contributes to this goal.
Improve flexibility and reliability - The fund's investments enable better management of demand which makes renewable energy, often provided intermittently, more reliable and affordable. Read the case study about wind park Hartelkanaal to find out how the fund contributes to this goal.
Energy democracy -Stimulate further de-centralisation of the energy system by strengthening local ownership of energy generation, and improving public awareness, support and involvement in the energy transition along the way. Read the case study about wind cooperative Deltawind to find out how the fund contributes to this goal.

Our energy investment portfolio

340,000 tonnes of CO₂ emissions avoided

Avoided CO₂ emissions

The clean energy generated by the projects we (co)financed, resulted in 3,167,000 tonnes of avoided CO₂ emissions. Based on our share in these projects, avoided CO₂ emissions amounted to 340,000 tonnes.

210,000 number of households provided with clean energy

Households provided with clean energy

The projects we (co)financed, generated enough clean electricity to cover the annual demand of 3,683,000 households. Based on our share in these projects, this number amounts to 210,000 households.

390 MW capacity

Capacity

The total generation capacity of the projects in portfolio is 1,754 MW. Based on the share we financed, the capacity amounts to 390 MW.

Generation capacity per sector (% of the renewable energy portfolio)

Generation capacity per country (% of the renewable energy portfolio)

640,000 MWh production

Production

The total production realized by the projects in portfolio in 2019 is 5,169,000 MWh. Based on the share we financed, production in 2019 amounted to 640,000 MWh.

Production of clean energy per sector (% of the renewable energy portfolio)

Production of clean energy per country (% of the renewable energy portfolio)

Impact measurement
In reporting our impact as a sustainable asset manager, we include all the impact of the projects and clients that we finance. In technical jargon this is called the contribution approach.

We also used the contribution approach in reporting the greenhouse gas emissions of our renewable energy portfolio up to 2017. This was previously both practical and, we believe, reasonable. Since 2018, we include the attribution approach in our carbon disclosures. The above figures are calculated based on the proportion of our finance in a project.

It’s important to note that an attribution approach leads to lower carbon emissions figures than a contribution approach. That is because a contribution approach accounts for all of the emissions from a project rather than a proportion of them. This attribution approach is a more accurate reflection of our responsibility for the greenhouse gas emissions of the projects we finance and is consistent with the PCAF methodology. For a detailed explanation, please read the Triodos Bank Greenhouse Gas accounting methodology.

Click on a selection of our energy and climate investments.

A big stepping stone towards the energy transition

Triodos Groenfonds finances the first large-scale floating solar plant in Europe, developed and exploited by GroenLeven

Do you want to invest for impact?

Contact our investor relations team to find out more about our impact investment opportunities

How to accelerate the energy transition?

Read our approach and activities

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Triodos Groenfonds

Why do we invest in the energy transition?

Social impact

Sustainable Development Goals

2019: At a glance

Impact highlights

Avoided CO₂ emissions

Households provided with clean energy

Capacity

Production

Impact on a global scale

A big stepping stone towards the energy transition

Utility-scale energy projects in emerging countries

Deltawind - Private, cooperative ownership

Wind park Hartelkanaal: Improving reliability and flexibility

Renewable power in Nicaragua - San Martin Hydro

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How to accelerate the energy transition?

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