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Financial
criteria
Raiffeisen Bank International | Sustainability Report 2017
GRI content index / Assurance statement Engaged citizen Fair partner Responsible banker Sustainability management Overview Foreword
The sustainability process for all sustainability funds of Raiffeisen KAG is structured as follows:
Entire Investment Universe
Extra-financial
(=sustainable)
criteria
Detailed examination:
Sustainability analysis
Sustainable risk factors
Financial analysis
Company
discussion
Exercise Portfolio
of voting
rights
© 2017 Raiffeisen Kapitalanlage-Gesellschaft m.b.H.
Certifications and quality seals
Raiffeisen KAG works both internally and with external partners to continuously improve its sustainability investment
processes. Visible signs of this include, for example, the national and international certifications it has received.
These include the “Austrian Ecolabel”, the “FNG sea”l and the “eurosif Transparency Code”, among others.
Financial products with the Austrian ecolabel (issuing organization: Federal Ministry for
Agriculture and Forestry, Environment and Water Management) are not allowed to invest in
nuclear power or companies that profit from coal, natural gas or crude oil from fracking or tar
sand or those that produce or trade in weapons. Activities in the area of genetic engineering
must be evaluated and, if necessary, excluded as an investment if there is evidence of systematic
human rights and labor rights violations. State issuers or those related to state governments must not violate core
political, social and environmental standards. The award is based on an external audit. Seven sustainability
public retail funds – and in addition the VBV ESG Momentum – bear this eco-label.
The FNG seal, awarded for the first time in 2015, represents the highest quality standards in the
German-speaking region. In the German-speaking region, it is a quality standard for sustainable
retail funds and includes minimum requirements from transparency and process criteria, the
exclusion of weapons and nuclear power as well as the consideration of the four areas of the
UN Global Compact (human and labor rights, environmental protection, the fight against
corruption and bribery – also see page 11). This seal is awarded after an audit conducted by an external auditor
(Novethic, France) (information under www.fng-siegel.org). The funds Raiffeisen-Nachhaltigkeit-Aktien and
Raiffeisen-Nachhaltigkeit-Mix as well as Raiffeisen-GreenBonds have, as in the previous year, received the
highest level of this seal (three stars). Five new RKAG funds and the two RSI sustainability funds with a first rating
of two stars have been added.
The European Transparency Code logo for sustainability funds (eurosif Transparency Code)
identifies the obligation to provide correct, appropriate and timely information to interested
parties, in particular customers, to enable them to understand the approaches and methods of
sustainable investment for the respective fund. “eurosif” is the umbrella organization of European
sustainability organizations, such as the Forum Nachhaltige Geldanlage (Forum for Sustainable Investments) of
the German-speaking region (information at www.eurosif.org).