European UnionLuxembourg, Luxembourg
|Asset Classes||Impact bonds|
|Impact strategy||Impact Equities and Bonds|
|Aligned with SDGs|
Triodos invests in sovereign bonds from EU member states and the UK. We only select only those countries that have no involvement in international sanctions, and that have signed and ratified international conventions on controversial weapons, human rights, labour rights, and the environment. This includes the International Labour Organization (ILO) conventions (e.g. on child labour, and forced labour), the international convention on civil and political rights, the biological and chemical weapon conventions, the non-proliferation of nuclear weapons treaty, the Paris Climate Agreement, and the convention on biological diversity, amongst others.
The European Commission aims to use the SURE program to support Member States to alleviate social and economic impact of the COVID-19 crisis and complement the sharp increase in public expenditure, used to preserve employment, for many Member States. The Member States have provided €25 billion of guarantees voluntarily to the EU budget to leverage the financial power of SURE. Up to €100 billion will be available for the SURE instruments. SURE will serve as a countercyclical safety network for the workers in the hardest-hit economies in the Union. ECB study shows that STW schemes support economic recovery by preserving employment relations and firm's cash-flow which will allow business to quickly resume activity once containment measures are lifted. Household income uncertainty will be reduced to help maintain household spending. The overall impact of the SURE program will be to protect income and preserve productive capacity and human capital of enterprises and the economy as a whole. So far, the Commission has proposed to grant financial support of €87,8 billion to 17 Member States under SURE.