New policy assessment from Fair Finance The Netherlands
Latest policy assessment of Dutch banks by Fair Finance Netherlands shows a drop in Dutch banks’ sustainability policy scores
In five of the eight banks surveyed by the latest Fair Finance The Netherlands policy assessment, the scores for sustainability policy are going down. Compared to the last Dutch survey from 2023, banks' scores are deteriorating significantly on the themes of human rights, weapons, biodiversity and climate change. Rabobank sees the sharpest decline, falling from an average of 7 to 5, and ends up at the bottom of the ranking. Only Triodos and Bunq are making significant improvements in their policies.
Large differences between the banks
The average score of all banks has dropped from a 7 in 2023 to a 6 now. The policy update shows that there are major differences between banks. Five banks score lower, which applies to ASN Bank, ING, NIBC, Rabobank and Van Lanschot Kempen. Rabobank scores the worst and does not get further than a 5. This is mainly due to lower scores on animal welfare, biodiversity, climate change and weapons. Only Triodos Bank and Bunq achieve higher scores than in 2023. Triodos Bank also takes over first place from ASN Bank, as they score highest with a 9.4. ASN Bank is in second place with an 8.6.
