Fondaction and Triodos join forces

Fondaction and Triodos join forces
Fondaction and Triodos join forces

“The partnership with Triodos Investment Management offers an exceptional opportunity to mobilize our strengths to multiply our impact on the economy and the financial sector,” said Geneviève Morin, President and CEO of Fondaction.

Both partners plan to invest in each other’s businesses over the next two years, says Jeroen Rijpkema, Chairman of the Board and CEO of Triodos Bank.

Fondaction and Triodos consider that financial institutions must stop supporting activities harmful to biodiversity and nature and instead finance solutions with a positive impact on the environment.

According to Fondaction, the collaboration with Triodos represents a further step towards a positive transformation of the financial sector, based on cooperation between individuals, organizations and communities around a common vision.

The organization believes that society needs innovative financial solutions at scale to promote collaboration in the financial sector. “It is through collaboration with other leaders of the movement that we will be able to have an even greater impact,” points out Geneviève Morin.

Over the next two years, both partners will work to identify common goals and priorities, in order to mobilize resources, skills and networks to bring about change. They will also share their expertise in sustainable finance and join their voices to influence policy makers and the financial sector to promote transparency and shape a financial regulatory and operational framework.

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