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Triodos Bank Green Bond Framework SPO Provided by V.E

V.E, part of Moody’s ESG Solutions, has provided a Second Party Opinion (SPO) on Triodos Bank Green Bond Framework. The Framework has been designed to govern the issuance of Triodos Green Bonds. The net proceeds of the Bonds will exclusively finance or refinance, in part or in full, projects falling under three Green Eligible Categories: Renewable Energy; Environmentally Sustainable Management of Living Natural Resources and Land Use; and Green Buildings.

We assigned a Second Party Opinion (SPO) on the sustainability credentials and management of the Framework. V.E is of the opinion that this Framework is aligned with the four core components of the Green Bond Principles 2021, as well as with best practices identified by V.E.

We express an advanced assurance on the contribution of the Green Eligible Categories to sustainability, this is thanks to the detailed description on the eligibility criteria of the projects.

Triodos Bank is an ethical bank based in the Netherlands with branches in Belgium, Germany, France, United Kingdom and Spain. It was founded in 1980. Triodos Bank finances companies which it believes add cultural value and benefit to both people and the environment.

V.E has produced more than 380 second-party opinions on sustainable financing operations in Europe, Africa, Americas and Asia. We are a Climate Bonds Standard Approved Verifier.

Click here to view V.E’s SPO on Triodos Bank Green Bond Framework



Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody’s Investors Service (MIS) and Moody’s Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services.

For more information visit Moody’s ESG hub at



Moody’s ESG Solutions:

Lisa Stanton
MD-Global Sales Lead/ESG
+1 (415) 874-6000

Media inquiries:

Tim Whatmough
+33 (153) 303-385

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