Press Release
London, UK | Monday, January 13th, 2025
Climate X, a leading provider of climate risk analytics, has partnered with Triodos Bank, one of the world’s most influential pioneers in sustainable banking, to support the bank in meeting its regulatory obligations and enhancing climate resilience in its operations.
Through this partnership, Climate X’s advanced analytics platforms, Spectra and Adapt, will be integrated into Triodos Bank’s risk management processes.
This integration will enable the bank to meet compliance requirements while also providing its SME clients with tailored insights into climate risk exposure. These insights will not only bolster Triodos Bank’s position as a leader in sustainable finance but also offer SMEs actionable tools to strengthen their climate resilience.
Jeroen Pels, Group Director Commercial at Triodos Bank, said: “Triodos Bank has always championed the transformative power of sustainable finance to foster positive change. Our partnership with Climate X is a natural extension of this philosophy.
"By integrating advanced climate analytics into our banking services, we are enhancing our ability to meet regulatory demands while simultaneously supporting our clients to better understand and respond to climate-related risks.
"This collaboration strengthens our commitment to driving positive environmental impact and supporting SMEs in their journey toward sustainability.”
By integrating advanced climate analytics into our banking services, we are enhancing our ability to meet regulatory demands while supporting our clients to better understand and respond to climate-related risks. "
Jeroen Pels, Group Director Commercial at Triodos Bank
Recent extreme weather events, such as the devastating floods in Spain and Italy, are stark reminders of the urgency to integrate climate resilience into every sector. By incorporating Climate X’s climate risk models into their services, Triodos Bank is taking decisive action to future-proof its services and enable its clients to navigate a world of growing climate uncertainty.
Lukky Ahmed, CEO & Co-Founder of Climate X, said: “Our relationship with Triodos Bank underscores the power of data not just as a tool for compliance, but as a catalyst for transforming what is possible in finance. With the power of Spectra’s predictive hazard and financial risk models, Triodos Bank is enhancing its regulatory readiness while empowering its SME clients to make smarter, data-backed decisions. This approach not only drives regulatory excellence but also contributes to a more resilient economy and a more sustainable future.”
For further information, please contact: [email protected].
About Triodos Bank
Founded in 1980, Triodos Bank has become a frontrunner in sustainable banking globally. Triodos Bank is a listed independent bank that promotes responsible and transparent banking. It does not see any conflict between a focus on people and the planet and a good financial return. Instead, it believes that they reinforce each other in the long-term. Triodos Bank has banking activities in the Netherlands, Belgium, the UK, Spain and Germany as well as Investment Management activities based in the Netherlands but active globally.
About Climate X
Climate X is a climate risk technology company offering comprehensive analytics through its Spectra and Adapt platforms. By delivering accessible, transparent, and actionable climate data, Climate X empowers companies and institutions to make data-informed decisions for a resilient future.
