UN Principles for Responsible Banking
As the first Austrian banking group, we as RBI Group have become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and United Nations Environment’s Finance Initiative.
the 6 principles
RBI has joined this movement to make a positive contribution to people and the planet. We committed to aligning our business with – and achieving – ambitious targets that contribute to global and national sustainability goals. We will be held to account against them through an annual review of our individual progress.
You can find more information on UNEP FI and the Principles for Responsible Banking here:
RBI has been pushing sustainability in its core business for many years:
- At around € 1.3 billion to date, RBI is the largest issuer of green bonds among Austrian banks. With her green bonds portfolio more than 60,000 metric tons CO2 per year can be saved – which corresponds to the greenhouse gas emissions from the energy supply of 7,000 households tight.
- The volume of sustainable investments at Raiffeisen Capital Management is € 9.4 billion, accounting for 24 percent of the total volume.
- Raiffeisen Centrobank has sustainability-oriented certificates with an outstanding volume of almost € 748 million, corresponding to around 18 percent of the total volume of all RCB certificates.
- Kathrein Privatbank already manages around 46 percent of its total fund volume in accordance with sustainability criteria.
- Nearly 100 percent of the Valida staff provision fund’s assets are invested in accordance with sustainable criteria.