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Raiffeisen Sustainability Initiative
With RBI as a founding member and 23 member organizations, the Raiffeisen Sustainability Initiative (Raiffeisen
Nachhaltigkeits-Initiative, RNI) is a platform for and driver of sustainable corporate management and social
responsibility. For more than eleven years, initiatives and measures for a future worth living in have been conducted
jointly in the action areas of the economy, the environment, and society.
Examples of the measures, projects, and events realized in 2018 include:
Raiffeisen Sustainability Award
Since its founding, the RNI has actively supported the Austrian “Jugend
Innovativ” (Innovative Youth) competition. Apprentices and students between
the ages of 15 and 20 can submit their ideas each year. The special category
“Raiffeisen Sustainability Award” is sponsored by the RNI. The RNI aims to
strengthen young people’s awareness of sustainability as early as possible.
Young people should be encouraged not only to talk about sustainability but
also to do something about it. The prize is awarded by representatives of the
Federal Ministry of Science, Research and Industry and the Federal Ministry of
Digital and Economic Affairs at the end of the school year. The Raiffeisen
© Wolfgang Voglhuber
Sustainability Award is presented by the RNI. The “Analysis of the reuse of fine ore at the Erzberg mine” project of
HTL Leoben in Styria won in 2018. As part of the project, three students analyzed the raw material content of the
sludge at the Erzberg mine in Styria.
Raiffeisen Banking Group Value Added Report
The Raiffeisen Banking Group in Austria (RBG) is the largest banking group in the
country and represents around 30 percent of domestic banking in terms of the
lending volume. This makes it one of the leading companies in the Austrian
economy and unique in its structure. To present its economic performance and
the corresponding fiscal contribution, an updated version of the Raiffeisen economic
value added report was prepared in cooperation with the Economica Institute of
Economic Research in fall 2018 on the basis of the audited data for 2017. The
report showed that the Raiffeisen Banking Group generated total gross value
added of € 5.9 billion in 2017. RBG paid taxes and duties of more than € 1.5 billion
directly in Austria in the period under review. The total fiscal contribution – including
indirect and induced effects – was € 2.3 billion. RBG had a total employment
effect of around 55,800 people, which corresponds to the population of the city
of St. Pölten. This means that one in every 68 jobs in Austria is attributable to the
Raiffeisen Banking Group.
Ökologischer Fußabdruck©
der Raiffeisen Bankengruppe in Österreich
im Jahr 2017
Implementation of the Sustainability Weeks
The Sustainability Weeks were held at the Raiffeisen employee restaurants in
Vienna for the tenth time in September 2018. The focus was on regional and
vegetarian food. A competition was organized for employees in which five
hampers of Austrian specialties were raffled off. The feedback was positive
and many guests participated. As a result, the awareness-raising campaign
will be held once again in 2019.
© wdw4friends
Raiffeisen Bank International | Sustainability Report 2018