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 (only in German)

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.

"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 assesse 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 processes. The objective is to continue acting as a responsible partner for the Austrian economy going forward.

We defined a comprehensive sustainability strategy and it covers the following aspects: business and the evonomy, innovation, employees, the environment, and society. Together with the individual specialist business segments, we developed the strategy and created an implementation plan. Together, we push this pan forward and regularly review our progress. Learn more about the 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 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 10 (reduced inequalities) and SDG 13 (climate action).

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

Institution Status Rating
ISS-oekom

Prime

(April 2018)

C+ (No. 7 out of 28)

ISS-oekom has been active in the sustainable investment market since 1993. Today, the company is one of the world's leading providers of information on the social and environmental performance of companies, industries and countries.

oekom Prime status is awarded to companies that rank among the leading companies in their sector in the oekom corporate rating.

rfu sustainability rating

Qualified

(December 2016)

rfu is an Austrian company specialising in sustainable investment and sustainability analysis. The methodology developed by rfu is an advanced process for external social environmental assessment of companies and is applied annually to hundreds of shares and bond issuers worldwide. After evaluating some 100 positive and negative criteria for the stakeholders (including employees, customers, society, partners and investors, as well as the environment) rfu issues a sustainability rating. The best companies are awarded the "rfu Qualified" status and are included in the sustainable investment universe of rfu, which is available to institutional investors for the composition of their sustainable portfolios.

Sustainalytics

Outperformer

(June 2016)

No. 44 out of 395

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.