A clear goal and strategy

We have put a lot of thought into our sustainability governance and strategy framework in order to define our objectives and foster transformation.

Governance and strategy

How is sustainability managed in our organisation? Who is responsible for which topics in RBI Group? What are our strategic measures?
Find answers to these questions and more detailed information on our strategy framework, our key areas of action, our sustainable development goals and much more.

Topics

Sustainability Strategy Framework

We have designed a strategy framework with the objective to create sustainable value.

Mission Statement

Find out more about our sustainability mission.

Key areas of action

What are our strategic actions in the economic, societal and environmental context?

Memberships and Initiatives

Find out more about our national and international memberships, initiatives and the ten UNGC principles we comply.

Guiding Principles

Find out more about managing sustainability and corporate responsibility.

Sustainable Development Goals

Our focus on the Sustainable Development Goals of the "Agenda 2030".

Governance

Responsible Banking Steering Group und Task Force

The Management Board is supported in its ESG decisions by the cross-functional and cross-divisional Responsible Banking B-1 Steering Group. This steering group is composed of the divisional heads from all board areas whose main focus is on ESG issues, and acts as an advisory and recommendation body for the Management Board. Each member of the B-1 Steering Group has an appropriate level of knowledge and experience in ESG activities. The inclusion of all relevant areas serves to ensure vigilance with regard to ESG risks as well as implementing a holistic approach to sustainability. The group meets monthly with the chair rotating every three months in 2022 to ensure that each area was involved at the highest level. Group ESG & Sustainability Management is not only an active member, but is also responsible for coordinating this steering group.

Anchors

Organizationally, sustainability is anchored in four levels. These include the Management Board level, the steering and program level, as well as the local implementation level and the level of initiatives and sustainability-relevant memberships.

Strategy

Governance positions within RBI

The group-wide management of the sustainability agendas and coordination of the operational implementation is assigned
to the Group Sustainability Management Department. This is supported by representatives from specialized units and business areas as well as the Sustainability Officers at the network banks. The latter act as an interface between the Group Sustainability Management Department at head office in Vienna and the operational departments at the network banks.

An important committee is the Sustainability Council of RBI, an organizationally embedded element of sustainability controlling. The task of this council is to advise on the development of sustainability agendas and evaluate their performance. It assists in defining key action areas and focal points (materiality approach), identifies targets and measures and makes recommendations on developing and implementing the annual sustainability program.

In order to guarantee optimal implementation of the sustainability agendas in the RBI network banks, Sustainability Officers were nominated in all network banks at the end of 2012. The officers are directly subordinate to the CEOs of the network banks for their tasks in the area of sustainability management. These individuals function as an interface between the sustainability management team in the Vienna head office and the operational departments in the network banks. The Sustainability Officers are generalists with an interest in the topic of sustainability and come from diverse company areas. They are the contact person for all agendas relevant to sustainability, and coordinate and communicate these agendas within the company. They provide support for collecting and evaluating company data relevant to sustainability and take responsibility for the implementation of the sustainability policies as well as the defined goals and measures that result from these policies.