The bank boss with an environmentalist bent
Despite becoming the UK’s managing director of Triodos bank this spring, Bevis Watts maintains that he is “first and foremost an environmentalist”. Triodos’s mission is to lend money only to those who promote “positive social, environmental and cultural change”. The Dutch bank, which has €12bn of assets under management, is part of a booming trend. In 2015, the responsible lending market in the UK grew 45 per cent, according to a report by the Community Development Finance Association and PwC. Mr Watts’s CV does not read like that of the average bank executive. The 41-year-old has a PhD in recycling strategies and studied business at Swansea University primarily because it included a year abroad. His chosen destination, Sweden, was to transform his life. “I became conscious of a society that had a very different relationship with the natural environment and wellbeing, and how corporations consciously thought about it,” he recalls in his central Bristol office.