26 March 2012
Sustainable banking: what is it, and why does it matter so much?
Speaker: Charles Middleton, Managing Director, Triodos Bank UK, and Laurie Spengler, President and CEO of ShoreBank International
As the banking sector endures yet more criticism, one emerging sector of the industry appears to be enjoying considerable success. Advocates of sustainable banking claim it combines growth, capital strength, and increasingly attractive financial returns to investors. So how does it do it, and what does its emergence mean for the wider financial industry? Find out how sustainable banking is applied by Triodos Bank – one of the industry’s best known names and earliest pioneers - in the UK, how its impact is building momentum globally, and the case for adopting the principles that underpin it in the wider financial industry.
Charles Middleton joined Triodos Bank in 2003 as Managing Director of the UK business, bringing with him 21 years’ banking experience. Since joining Triodos Charles’ leadership has helped generate significant growth in the core business of mobilising depositors’savings to support a range of social and environmental projects, growing lending from around £60m to more than £250m. Charles has also helped Triodos to bring other types of finance to the UK market, such as capital raising for fair trade coffee brand, Cafedirect, and launching Triodos Renewables, which has pioneered an increasing number of investment opportunities in the growing UK renewable energy sector.
Laurie Spengler has over 20 years of experience as a strategy and transaction services professional. Her interests are focused on supply and demand-side solutions to extend access to capital to individuals, small businesses and low income households through the delivery of financial resources, business solutions and professional support.