Triodos Microfinance Fund

Triodos Bank
Product Identification
Product type: 
(Mutual) Fund
Triodos Investment Management
Retail banks, private banks, family offices
Sustainability strategies used in the product
Exclusion of certain controversial activities: 
Selecting the best performing companies or countries in a peer group: 
- Selection method: 
Qualitative evaluation
Screening based on international norm & standards: 
Integration of non-financial criteria in the selection process: 
Focusing on specific sustainability themes: 
- Themes: 
Financial inclusion in emerging and developing economies and basic needs (renewable energy, affordable housing, sustainable agriculture,…)
Pursuing measurable societal impact: 
Engaging in a dialogue with companies and/or exercising voting rights: 

Engagement is always performed towards energy and electricity sector companies, if applicable.

Sustainability policies applied
UN Global Compact
Exclusion of companies and countries involved in UN Global Compact violations: 
Exclusion of companies significantly involved in weapons: 
Max. allowed company involvement (% of revenue): 
Max. allowed company involvement in controversial weapons (% of revenue): 
Exclusion of companies significantly involved in tobacco: 
Not relevant to the product
Fossil Fuel Extraction
Coal Extraction
Exclusion of companies significantly involved in coal extraction: 
Not relevant to the product
Unconventional Oil & Gas Extraction
Exclusion of companies significantly involved in unconventional oil & gas extraction: 
Not relevant to the product
Conventional Oil & Gas Extraction
Exclusion of laggard conventional oil & gas extraction companies: 
Portfolio exposure to the fossil energy sector (indicative): 
< 0,1%
Electricity Generation
Exclusion of laggard electricity generation companies: 
Not relevant to the product
Portfolio exposure to the non-renewable electricity utility sector (indicative): 
< 0,1%
Tolerance for improving oil & gas and electricity companies
Max. share of the portfolio: 
Other policies
Approach towards biodiversity: 
Qualitative conditions
Approach towards water use: 
Qualitative conditions
Approach towards taxation: 
Qualitative conditions
Approach towards investing in agricultural commodities: 
Part of ESG risk analysis
Policies on other topics: 
Alcohol, gambling, pornography, conflict minerals, animal testing, factory farming, fisheries, fur and special leather, deforestation, genetic engeneering, hazardous substaces and contamination, accounting and remuneration, corruption, mining.

Detailed policies can be found on the manager's website, on the product webpage (see links above) or on request by contacting the manager or distributor.

Country screening
Sustainability analysis of countries: 
Not relevant to the product
Approach towards oppressive regimes: 
Qualitative conditions
Approach towards the death penalty: 
Not yet part of analysis
Portfolio Details
Data sources used
Corporate ESG analysis data sources: 
Triodos Microfinance fund has equity positions in 20 institutions and plays an active role on the Board of Directors. In this way we bring our sustainable banking knowledge and expertise to the table and participate in the institutions’ governance and strategic development.

Important Notice

  • The information on this website is merely intended to help investors understand how financial products that have been awarded the “Towards Sustainability” label apply the requirements of the Towards Sustainability label to certain financial products.
  • The information on this website is no marketing material and some of the products might not be registered for public distribution in Belgium.
  • The information on this website does not constitute an invitation to invest in the financial products referred on this website. Persons considering investing in those financial products should refer to the website of the manufacturer of the product and consult all relevant product information and documents before doing so. They should also consider whether the relevant products are suitable for them, given their knowledge and experience, their financial situation and their investment objectives and needs.
  • The information on this website is not intended to provide any personal advice or recommendation (including but not limited to financial, investment, tax, accounting or legal advice).
  • The information on this website is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy the financial products, especially not in jurisdictions where to do so would constitute a violation of the relevant law.
  • The release, publication or distribution of the materials on this website in certain jurisdictions may be restricted by law. Persons in such jurisdictions into which they are released, published or distributed, should inform themselves about, and observe, such restrictions.
  • Note that not all products are offered to retail clients in Belgium.
  • The information on this website is based on information received from the product manager. The information on this website will be updated from time to time. No investment decisions should be based relying only on the information on this website.