Triodos Bank is the first bank in the UK to launch its own crowdfunding platform that allows direct investment equity or bonds issued by organisations delivering positive social and environmental impacts.
People can invest in established charities or businesses that have been extensively screened by Triodos for social and environmental impact, the viability of their business model and the credibility of the management team. The bonds are eligible to be held in the Innovative Finance ISA, allowing investors to receive the interest they earn on these investments tax-free.
Bevis Watts, managing director of Triodos Bank UK, said: "Everyday investors can make a positive choice to shape the world they want to live in. In that sense money can be a hugely powerful form of democracy if invested directly into renewable energy, social housing, charities or social enterprises.”
Triodos Bank already has a track record in raising finance for social and environmental organisations - in the last 15 years has raised more than GBP130m to fund over 50 impact projects -and he crowdfunding platform follows the Triodos sustainable personal current account launched in 2017. Triodos now has a full product offering ranging from everyday banking and savings to socially responsible investing and three different ISA products.
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