As a private company with a government mandate, we see ourselves as role model and are committed to our social responsibility. This is why economic, environmental and social issues are a high priority in our organisation and in what we do. Sustainability affects all employees – from management to the works council. Since 2001, we have been reporting annually on our sustainability activities in our Sustainability Report (GRI Standards: Comprehensive Option).

Our Sustainability Policy

Our sustainability policy reflects our attitude and responsibility towards the long-term, positive economic development in Austria.

Sustainability policy of the OeKB Group

Human rights policy of the OeKB Group

OeKB is clearly committed to its responsibility towards society and takes on this role in its everyday activities. Sustainability is a holistic concept for us. Our sustainability strategy therefore includes the segments business and economy, innovation, employees, the environment and society. The objective is to achieve a balance between economic success, social justice and environmental sustainability.
Helmut Bernkopf
Member of the executive management board of OeKB
Mitglied des Vorstands Mag. Helmut Bernkopf

Our Sustainability Strategy

We regularly assess global and local trends and contexts. This enables us to ensure that our economic activities have a positive impact on the economy, environment, and society. This also requires that we are constantly ready to refine and adapt our business models, services and processes. Our management addresses these topics in regular strategy development meetings. The objective is to continue acting as a responsible partner for the Austrian economy going forward.

Our sustainability strategy is a holistic one and covers the areas of core business, employees and banking operations. Together with the management teams and the individual departments of OeKB bank group, the new strategy was developed and an implementation plan was drawn up. Together, we push this plan forward and regularly review our progress.

Learn more about the sustainability strategy and the yearly sustainability program in our Sustainability Report.

Our contribution to the Sustainable Development Goals (SDGs)

We see it as part of our social responsibility to take a critical look at trends and evaluate emerging opportunities and risks. These challenges include climate change, the scarcity of resources, digitization and Industry 4.0, for example. We are committed to global sustainability initiatives such as the climate targets adopted at the UN climate conference in Paris in 2015 and the Sustainable Development Goals (SDGs) adopted by the international community. The Oesterreichische Entwicklungsbank (OeEB) is the largest contributor to Austrian climate financing in the country. Oesterreichische Kontrollbank AG (OeKB) also contributes significantly to international climate financing in Austria.

We see the implementation of the SDGs as a responsibility for the entire OeKB Group. OeKB can make a significant contribution to achieving the goals for the following SDGs: SDG 1 (no poverty), SDG 4 (quality education), SDG 7 (affordable and clean energy), SDG 8 (decent work and economic growth), SDG 9 (industry, innovation and infrastructure) and SDG 13 (climate action).

OeEB’s work and strategic focus are addressed by the SDGs with their overarching goal of eradicating poverty (SDG 1), as well as by SDG 7 (affordable and clean energy), SDG 8 (decent work and economic growth), SDG 9 (industry, innovation and infrastructure), SDG 13 (climate action) and SDG 17 (partnerships for the goals).

To find out more about our contribution to achieving the SDGs, see our current Sustainability Report.

With OeKB's core business, we have a valuable lever to make a contribution to sustainable development. Our export services aim at sustainable industrialization, our capital market services promote a resilient infrastructure, and we drive innovation externally as well as internally. Thus, orientation towards the Sustainable Development Goals is a lived reality at OeKB.
Angelika Sommer-Hemetsberger
Member of the executive management board of OeKB
Mitglied des Vorstands Mag. Angelika Sommer-Hemetsberger

Ratings

Organisation: ISS ESG

Status: Prime (February 2023)

Rating: C+


ISS ESG brings globally recognized expertise across the full range of sustainable and responsible investment issues. ISS ESG has more than 25 years of experience in ESG research and rating. The ISS-ESG Prime status is awarded to companies that are among the leading companies in their sector within the ISS-ESG Corporate Rating.

Organisation: Sustainalytics

Status: 7 Global Universe (June 2023)


Sustainalytics is a leading global provider of ESG and corporate governance research and ratings. The company helps hundreds of world-class investors integrate ESG and corporate governance insights into their investment processes.

Disclaimer: Copyright ©2021 Sustainalytics. All rights reserved. This publication contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.


Organisation: MSCI ESG

Status: A (February 2023)


MSCI ESG Research provides in-depth research, ratings and analysis of the environmental, social and governance-related business practices of thousands of companies worldwide. Their research is designed to provide critical insights that can help institutional investors identify risks and opportunities that traditional investment research may overlook. The MSCI ESG Ratings are also used in the construction of the MSCI ESG Indexes, produced by MSCI, Inc. MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.

Disclaimer: The use by OeKB of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of OeKB by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.

Organisation: Moody’s ESG Solutions 

Status: ESG-Score 61 out of 100 (May 2021)

Rating: Advanced

Moody’s ESG Solutions provides its customers with data, information, research, analyses, reports, quantitative model-based scores, assessments and/or other opinions (collectively, “Research”) with respect to the environmental, social and/or governance (“ESG”) attributes and/or performance of individual issuers or with respect to sectors, activities, regions, stakeholders, states or specific themes.