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Sustainable investment products
Raiffeisen Bausparkasse Gesellschaft m.b.H.
Building societies support the economic cycle through savings and financing, thereby enabling the construction
of residential projects that also benefit the coming generations. The core co-operative principle of Raiffeisen is
expressed very clearly here: One group saves for the financing of residential construction, renovation, care and
education for others who currently need this financing. The savers profit from the secure investment of their assets
as well as the government incentives and can also be certain that their capital is being invested in useful,
sustainable projects.
Raiffeisen Kapitalanlage-Gesellschaft m.b.H. (Raiffeisen KAG)
Raiffeisen KAG continues to sustainably handle the customer deposits at RBI AG by offering securities and
real estate investment funds as well as investment management products to institutional and private customers
both in Austria and abroad. The focus is on Austria as well as in Italy, Germany and – with substantial increases
– the network banks in Central and Eastern Europe. Raiffeisen KAG is a leading asset manager in Austria, with a
managed fund volume of € 30.6 billion and a market share of 17.5 percent (according to statistics from OeKB).
The Raiffeisen Capital Management (RCM) umbrella brand unites Raiffeisen KAG, Raiffeisen Salzburg Invest
(RSI) and Raiffeisen Immobilien KAG. The total volume managed in security funds, including advisories (mandates to
third parties) and RSI, amounted to € 34.2 billion at the end of 2017. In addition, around € 1.1 billion is managed in
the business area of asset management for premium private customers.
In 2002, Raiffeisen KAG issued the first investment funds with ethical/
sustainable criteria (“Raiffeisen-Ethik-Aktien”, today the “Nachhaltigkeitsfonds
Raiffeisen Bank International | Sustainability Report 2017
Aktien”). Subsequently, the offer of such funds was progressively
expanded and built into a consistent product range (see the table on
page 65). This product portfolio includes retail investment funds as well as mandates (special funds) that
explicitly give significant consideration to the ESG criteria (“environmental, social and governance”).
Sustainable investment
The volume of sustainable investments by RCM in this demarcation rose 2017 by approx. 26 percent
to € 2.85 billion*, compared with the previous year. This was partially through growth and partially
through the establishment of new funds and the value development, which was also very good in
2017. The share of these sustainable investments in the total volume of Raiffeisen KAG is currently 8.3 percent.
In recent years, Raiffeisen KAG has strongly pushed the topic of “sustainable investment” and expanded its
product portfolio in this area in recent years and now offers eight sustainability funds (retail investment funds)
with differing risk-yield profiles – from very short-term bond funds to three mixed funds with different proportions
of equity, to the pure equity funds. In addition, there are funds with a specific focus, such as Green Bonds
(pension funds), additional special funds, two funds of RSI and one well-established pension fund with mainly
Austrian government bonds that focuses primarily on trustee status alongside the ESG criteria (Raiffeisen-
Österreich-Rent).
* In this volume increase, two funds (RSI) and five funds (fund administration) are also included in the basis for 2016.