As a private company with a government assignment, the OeKB Group has an exemplary function and abides by its social responsibility. Environmental and social issues are therefore very important to our organisation. Sustainability is a focus of all employees of the OeKB Group - from the executive management board to the Work Council.

Sustainability policy of the OeKB Group

The sustainability policy of the OeKB Group reflects the company’s responsibility for long-term, positive economic growth and for stakeholders inside and outside of the organisation. It is presented to the executive management board once a year as part of the Management Review and adapted as required.

Sustainability policy of the OeKB Group

Responsibility

We fulfil many central services for the Austrian economy and the Republic. We see this as our social mission. We want to do this in such a way that the general public and company can profit from it together.

Trust

We want to confirm and strengthen the trust placed in us. In addition to all statutory requirements, we therefore consider social aspects, protect environmental resources and act in way that preserves human rights.

Dialogue

We know that our success can only grow with respect for all stakeholders. We therefore declare our actions, seek dialogue and take decisions with a holistic view.

Awareness

We know that sustainable solutions benefit employees, customers and suppliers equally. By pursuing joint projects, we want to deepen sustainability in our core business, improve environmental performance and create acceptance for this position.

Living and working

Work, free time and family should complement and invigorate one another. We take a constructive and innovative approach to creating a world of work that strengthens our employees and thus our economic power.

Investments

We invest time, money and commitment in those projects that secure the success of our company and its stakeholders for the long term.

“As a private company with a government mandate, OeKB has an exemplary role when it comes to taking on social responsibility. For us, it’s about more than the professional processing of the core business. Environmental and social issues are particularly important for us. With our commitment to development financing and the standard environmental and social checks when issuing export guarantees, we also make a contribution beyond Austria’s borders.”
Helmut Bernkopf
Member of the executive management board of OeKB
Mitglied des Vorstands Mag. Helmut Bernkopf

Management system according to EMAS, report according to GRI G4

The sustainability management system of the OeKB Group meets the requirements of EMAS and ISO 14001. The original environmental management system was supplemented with social and economic components into a sustainability management system in 2003. The 2016 Integrated Report corresponds to the GRI G4 standard and is certified by independent experts.

The OeKB subsidiaries Oesterreichische Entwicklungsbank AG,
"Österreichischer Exportfonds" GmbH and OeKB CSD GmbH are integrated into the sustainability management system of OeKB and document their activities in the report of the OeKB Group.

“Corporate Social Responsibility is not just a buzzword for us but practised reality. Within the OeKB Group, we comply with our social responsibility in a variety of ways. In addition to the measures that we take in our core business, we also focus internally on dealing responsibly with one another and with our resources. This includes a modern gender policy, numerous programmes on the well-being of employees, and detailed monitoring of our ecological footprint.”
Angelika Sommer-Hemetsberger
Member of the executive management board of OeKB
Mitglied des Vorstands Mag. Angelika Sommer-Hemetsberger

Ongoing development of the sustainability targets

Together with all employees, all working group members and partners, the OeKB Group wants to credibly develop and realise its ideas for sustainability in dialogue with stakeholders.
Once a year, the executive management board of OeKB adopts a series of objectives. CSR Management is responsible for their implementation. It is supported in this by the environment teams and the sustainability coordinators of subsidiaries. Internal Audit checks the extent to which the targets are achieved.

Focal topics of the sustainability team

In order to specifically bundle activities, the sustainability team concentrates on focus topics each year.

Sustainable Development Goals

The Sustainable Development Goals (SDG) of the United Nations came into force on 1 January 2016 and runs until 2030. They are valid for all states, and Austria has also undertaken to contribute to achieving these goals.

Of the total of 17 SDGs, the sustainability team is primarily concentrating on the following points in 2017:

  • No poverty (SDG 1)
  • High-quality education (SDG 4)
  • Affordable and clean energy (SDG 7)
  • Humane work and economic growth (SDG 8)

 The framework conditions of digitisation

The project “Beautiful digital world” is dedicated to SDG 9 - Infrastructure, Industrialisation and Innovations, which the OeKB Group is implementing in cooperation with the “Club of Rome - Austrian Chapter”.

Awards and ratings

ASRA – Sustainability prize of the Chamber of Public Accountants

In 2016, the OeKB Group took 2nd place in the category “Integrated Reports” with its Integrated Report in the “Austrian Sustainability Reporting Award” (ASRA), the sustainability prize of the Chamber of Public Accountants.

Photo of ASRA prize-giving 2016
Prize-giving at the “Austrian Sustainability Reporting Award” 2016

Ratings

Rating institution Status Rating
oekom research Prime – OeKB is thus one of the leaders in the area of sustainability C (on a scale from D- to A+)
As at: August 2015
Sustainalytics   70 points (out of 100)
As at: January 2017

 

Our sustainability standards

Logo von Global Compact

Global Compact

The services of the OeKB Group aim at providing Austrian companies with more business opportunities worldwide and strengthening Austria as a business location. This is why the OeKB engages as a “Corporate Citizen” and assumes its corporate responsibility as a member of “Global Compact” and the steering committee of the Austrian network of this United Nations initiative.
The integrated report of the OeKB Group also constitutes a progress report for the “UN Global Compact” and complies with the high requirements of the GRI G4 “advanced level” guidelines.

 

EMAS

EMAS was created in 1993 by the European Commission to demonstrate that improving environmental performance also leads to improved competitiveness. The sustainable management of the OeKB Group complies with the requirements of EMAS and ISO 14001 as well as the guidelines of the Global Reporting Initiative (GRI).

Audit “berufundfamilie”

By introducing the “berufundfamilie” audit, the OeKB Group has integrated all project objectives into the programme for sustainability. This is also pursued during the ongoing development of the audit to advance a common approach in a concentrated and bundled manner.