68
Sustainable funds Volume (in € million)
Retail investment funds (RKAG)
Raiffeisen-Nachhaltigkeit-ShortTerm 40.1
Raiffeisen-GreenBonds 94.9
Raiffeisen-Nachhaltigkeit-Solide 87.8
Raiffeisen-Nachhaltigkeit-Diversified 48.2
Raiffeisen-Nachhaltigkeit-Mix 745.7
Raiffeisen-Nachhaltigkeit-Momentum 89.6
Raiffeisen-Nachhaltigkeit-Aktien 151.9
Raiffeisen-Nachhaltigkeit-EmergingMarkets-Aktien 8.8
Further retail investment funds (RKAG)
Raiffeisen-Österreich-Rent 281.1
Raiffeisen-Global-Aktien 492.7
Retail investment funds RSI
Klassik Nachhaltigkeit Solide 30.6
Klassik Nachhaltigkeit Mix 23.8
Raiffeisen-Ethik-Anleihen 13.1
10 special funds and mandates (partly abroad) 617.8
RKAG fund administration (5 funds) 387.3
Total 3.114,0
Volume of RKAG and RSI sustainable funds
Source: Raiffeisen KAG, data as of December 28, 2018
Note: Fund administration means that all typical fund services are carried out by the KAG, except for portfolio management in the narrower sense.
Strict exclusion criteria for the management are defined in the dedicated sustainability funds (retail and special
funds), such as the violation of human rights and labor rights, atomic energy, weapons, green genetic engineering,
violations of the Global Compact, and other ethical principles (e.g. gambling, alcohol, and the use of human
embryos in research). Based on this, a high degree of responsibility and future viability was spotlighted in the
investments (equity and debt capital of enterprises and states analogously) by self-developed, specific ESG
research.
To ensure compliance with the sustainability criteria and the sustainability process, both the criteria framework
(extra-financial exclusion criteria) as well as the sustainable quality (combination of data from two sustainability
research agencies and own data) are verified and updated on a monthly basis. The “sustainability universe” that
results in this way can be modified based on ad hoc events. The internal limit testing (“pre-trade testing”) and
reporting any limit violations takes place in the asset management system on the basis of this data. The external
fund audit provides further assurance of the applied framework of criteria on an ex post basis.
Raiffeisen Bank International | Sustainability Report 2018