11
The ten principles of the UN Global Compact
Human rights
Principle 1 We support and respect the protection of international human rights within our sphere of influence.
Principle 2 We make sure that we are not complicit in human rights abuses.
Labor
Principle 3 We uphold the freedom of association and the effective recognition of the right to negotiations about the
Principle 4 We support the elimination of all forms of forced and compulsory labor.
Principle 5 We support the abolition of child labor.
Principle 6 We support the elimination of discrimination in employment and occupation.
Environmental protection
Principle 7 We support a precautionary approach to environmental challenges.
Principle 8 We undertake initiatives to promote greater environmental responsibility.
Principle 9 We encourage the development and diffusion of environmentally friendly technologies.
Anti-corruption
Principle 10 We work against corruption in all its forms, including extortion and bribery..
Raiffeisen Bank International | Sustainability Report 2018
Management Overview Foreword
of sustainability
Responsible
banker
Fair partner –
Human Resources
Fair partner –
Inhouse ecology
Engaged
citizen
GRI index and
Assurance report
In April 2018, the core banking business of Raiffeisen Bank Polska S.A. was sold by way of a spin-off to BGZ BNP
Paribas S.A., a subsidiary of BNP Paribas S.A., and was therefore completed upon receipt of regulatory approvals.
RBI transferred the remaining operations of Raiffeisen Bank Polska, which consisted primarily of the portfolio of
retail mortgage loans in foreign currencies after the spin-off, to a newly founded Polish branch of RBI AG.
RBI’s total assets as of the end of 2018 amounted to € 140 billion. The Raiffeisen regional headquarters hold
around 58.8 percent of the shares in RBI AG, while the remaining quantity of around 41.2 percent is in free float.
The fundamental values of RBI
In the 19th century, Friedrich Wilhelm Raiffeisen simplified the idea of a cooperative down to one basic principle:
In unity lies strength. RBI is part of a cooperative organization. This can be seen in the key strategies and decisions.
Friedrich Wilhelm Raiffeisen believed in helping others to help themselves and in the principles of charity, community
and solidarity. His life was characterized by a sense of responsibility for the community. Now, as before, we
build upon a powerful brand that combines and embodies the principles of identity, self-administration,
sustainability, subsidiarity and business ethics based on solidarity.
Our values and principles implemented in established rules
RBI is one of the signatory companies of the UN Global Compact (UNGC) and is therefore committed to
consistently complying with the ten UNGC principles of responsible business. The UNGC is the world’s largest
CSR and sustainable development initiative. Its principles include the core areas of human rights, labor standards,
environmental protection and combating corruption. The globally responsible approach associated with this is
expected of all employees and managers as well as partners and suppliers of RBI. Further information is available
at www.unglobalcompact.org.
Collective Bargaining Agreement.
The Code of Conduct (CoC) for dealing with customers, business partners and employees, which is applicable
group-wide, is a binding regulatory framework for all employees and, accordingly, is available on the RBI websites
in the respective national language. It is based on the fundamental Raiffeisen values and is oriented towards the
specific requirements of everyday business at home and abroad. More information can be found in the chapter
on “Governance and Compliance”, starting on page 20, as well as at www.rbinternational.com.