ESG

Our ESG approach

Doing business sustainably is the key to long term success of all of our stakeholders. Therefore, the sustainable value creation is at the core of our decision-making and how we steer the Bank. We do not pursue a separate ESG strategy, as we view it as an integral part of our overall business strategy and this is also aligned on how we have embedded ESG across the organization.

CSR Report 2023

Overview of the relevant templates to be reported in accordance with Article 8 of the EU Taxonomy Regulation and the supplementary Delegated Regulations for the 2023 financial year:

Template 1-5 (CAPEX_Turnover) (xlsx)
Nuclear und gas economic activities (CAPEX and Turover) (docx)

Environmental

Climate change is one of the biggest challenges the world has to address. As a financial institution, we influence the climate in two ways: Our direct use of resources as a bank and our indirect influence via our lending and investment book.

Social

We want to be a reliable partner for all of our stakeholders - our customers, employees, suppliers, communities, governments etc.

Governance

Steering the ESG challenges just from the top or centrally would not reflect the way we interact and cooperate at BAWAG Group. To us, it is important that sustainability is embedded throughout the organization.

CSR Mission Statement

"Success and value creation are goals for every company. But for BAWAG Group, success does not mean doing business at the expense of an intact, peaceful and livable world. With this in mind, we have developed an ethical framework that supports and guides us in pursuing our business strategies. This is how we embody and uphold our committment to corporate social responsibility. CSR is not just about moral and ecological responsibility, but also about doing business in a modern, intelligent and sustainable way."

Our 2025 ESG targets are as follows:

> 50% CO₂ emissions
(scope 1 & 2)

Reducing our CO₂ footprint compliments our strategy to reduce complexitiy & drive efficiency

33% female
leadership

Growing a diverse and inclusive Supervisory Board & Senior Leadership Team with increased female representation

> € 1.6 billion
green lending

Increasing green lending (new business) as we focus on long-term solutions to address long-term climate risks

Downloads

BAWAG Group Information Security Guidelines

BAWAG Group Data Protection Guidelines

BAWAG Group Anti-Corruption Guidelines

BAWAG Group AML Rules Regulations

The information provided on this website neither constitutes an offer nor an invitation to buy securities issued by BAWAG P.S.K. and serves exclusively information purposes only.

The distribution of information contained on this website in certain jurisdictions may be restricted by law. None of the documents shown on this website constitutes an offer to sell or a solicitation to purchase securities in the United States or in any other country in which the information shown on the following website has not been authorized or to persons to whom this information must not be forwarded. All users of this website are requested to inform themselves about such restrictions and to comply with them.

In particular, the documents and information contained on this website may not be forwarded to the United States nor distributed within the United States and may not be distributed or disclosed to “US persons” (as defined in Regulation S of the US Securities Act of 1933 as amended (“Securities Act”)) or to general circulation publications in the United States.

Securities issued under the documents hereby provided will not be registered under the Securities Act and thus may subject to prior registration or certain exceptions not be sold, offered or delivered to US persons.

Impact Reporting 2024

Green Finance Report 2023

Green Finance Framework 2023

Second-Party Opinion 2023

Impact Reporting 2023

Green Finance Report 2022

Impact Reporting 2022

Green Finance Report 2021

Corporate Governance Presentation

Remuneration Report 2022

Corporate Governance Reports

Code of Conduct

Remuneration policy for the Members of the Management Board and Supervisory Board

Remuneration Report 2020

Remuneration Report 2021¹⁾²⁾

Remuneration Report 2023

1) Management Board remuneration: During 2020, there has been a shift from “other” to “fixed salaries”. Therefore a year-over-year comparison would only be representative when considering all parts of the fixed remuneration for both years.
2) “Shareholding guidelines for Management Board members”: There is a minimum regulatory retention period of 1 year following vesting, which applies in respect to any shares granted as remuneration. Furthermore, BAWAG’s internal rules provide for the Management Board to hold at least 50% of their LTIP shares until the end of their tenor.

The annual reports can be found here.

Erklärung zu den wichtigsten nachteiligen Auswirkungen von Investitionsentscheidungen auf Nachhaltigkeitsfaktoren (German only)

Nachhaltigkeitsbezogene Offenlegung (German only)
Erklärung zu den wichtigsten nachteiligen Auswirkungen von Investitionsentscheidungen auf Nachhaltigkeitsfaktoren 2024 (German only)

Sustainability ratings

MSCI

In 2024, BAWAG Group received a rating of AAA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.

DISCLAIMER STATEMENT

THE USE BY BAWAG Group AG OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF BAWAG Group AG BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.

ISS ESG

BAWAG Group’s sustainability rating was set at “C-“ in February 2023 (Performance score 47.07, Decile Rank 2

Sustainalytics

In October 2023, BAWAG Group received an ESG Risk Rating of 17.2 and was assessed by Morningstar Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors. In no event the information shall be construed as investment advice or expert opinion as defined by the applicable legislation.

Contact & Feedback

Jutta Wimmer
Head of Investor Relations

+43 (0) 59905-34444

Environmental

Social

Governance

CSR Mission Statement

CSR Reports of BAWAG Group

Prior CSR Reports of BAWAG P.S.K.

Further documents

Sustainability ratings