An ongoing development process

The creation of sustainable structures is subject to an ongoing development process. Raiffeisen Capital Management also considers this fact for the issuers in which it invests. A black and white view of things is not particularly useful – with the exception of clearly defined exclusion criteria – if one wishes to promote sustainability. Raiffeisen Capital Management therefore applies an integrated sustainability approach that is based on the following three levels: 1) Avoid, 2) Support, and 3) Influence.

"The green path" in the sustainable investment process

The green path symbolises the consistent approach of the fund management with regard to ESG integration, commitment and fundamental analysis and leads to actively designed portfolios. Based on internal and external ESG data, a self-developed ESG indicator is calculated for companies and countries, which represents a central decision criterion for investments in sustainability funds. The supporting pillars of the ESG indicator are based on the one hand on the topic or sector assessments, the company assessment and the commitment, in the case of states, it is based on a multi-dimensional sustainable view.

*) The Raiffeisen Kapitalanlage-Gesellschaft m.b.H. continually analyses companies and countries with the help of internal and external research providers. Together with an overall ESG assessment including an ESG risk assessment, the results of the sustainability research are converted into the so-called Raiffeisen ESG Indicator, which is based on a scale of 0 to 100. The assessment is made in consideration of the company’s respective branch of business.