Wiener Privatbank SE
Climate Impact & Sustainability Data (2022, 2024, 2024-09-30, 2024-11-30)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Sustainable Finance
- Employee Well-being
- Good Corporate Governance
- Diversity & Inclusion
- Circular Economy
Environmental Achievements
- Implemented an innovative recycling project in IT.
Social Achievements
- Launched a comprehensive health program for employees, including fruit baskets, sports facilities, and medical/psychological support.
- Offered Wiener Linien job tickets to all employees.
- Provided voluntary pension contributions after one year of employment.
Governance Achievements
- Enhanced information transparency.
- Implemented anti-corruption measures.
- Established a sustainable compensation policy.
- Conducted customer and employee satisfaction surveys.
Climate Goals & Targets
Long-term Goals:
- Become more sustainable, CO2-saving, and resource-efficient on both corporate and product levels.
Medium-term Goals:
- Become more sustainable, CO2-saving, and resource-efficient on both corporate and product levels.
Environmental Challenges
- Ukraine crisis
- Rapidly increased inflation
- Substantial decrease in global economic dynamics
- High energy and raw material prices
- Supply chain disruptions
- Increased insolvency risk due to high interest rates and withdrawal of government support measures.
Mitigation Strategies
- Proactive risk management and monitoring
- Diversification of earnings structures
- Maintaining high levels of core capital and liquidity
- Implementation of new processes and priorities in customer consulting (Product Governance, financing, Private Banking, risk management, and reporting)
- Regular ESG risk analysis to identify and assess sustainability risks.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: KPMG Austria GmbH
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Sustainability
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-09-30
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Lack of sufficient harmonized and comparable data from issuers/product manufacturers to reliably assess principal adverse sustainability impacts.
Mitigation Strategies
- Wiener Privatbank SE will examine principal adverse sustainability impacts as soon as sufficient data is available and disclose its findings.