The New Pioneers Case of the Month: Triodos Bank – How to Survive a Global Meltdown
As the world plummeted into global recession in 2008, one of the most controversial events that followed was the bank bailouts that took place all over the globe. Because of something that became known as systemic institutions, some banks were considered so big that they simply could not be allowed to fail, since they would take a large part of society with them.
As a number of the largest banks in the world needed taxpayers’ money to survive, people began to ask themselves, how can banks develop a more sustainable business model?
One bank showed that one way to make a bank economically sustainable is to make it environmentally and socially sustainable: Triodos Bank.
What is their business model, and what can we learn from them?
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Tagged | financial crisis, social banks, sustainable business models, triodos bank