Climate Change Data

Environmental Metrics

ESG Focus Areas

• Affordable Housing

Social Achievements

• In 2021, the social pool was replenished with new projects accounting for about 6% of the total social pool. Social Bond eligible loans of 2021 resulted in an additional 286 subsidized housing units and contributed to the refurbishment of 77 units leading to an actual 9.706 housing construction and 3.282 refurbishment projects in the portfolio.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ICMA’s Social Bond Principles (SBP), ICMA’s Working Towards a Harmonized Framework for Impact Reporting (WTHFIR) for Social Bonds

Environmental Metrics

ESG Focus Areas

• Climate Change
• Renewable Energy
• Energy Efficiency
• Social Responsibility
• Sustainable Development Goals (SDGs)

Environmental Achievements

• Introduction of a green WohnVision loan for construction and renovation in June 2022
• Involvement in various projects in the field of biodiversity (e.g., Klimafitter Bergwald, bees in the garden of the Hypo Center Tirol) and the environment (e.g., mobility concept to promote the use of CO2 neutral means of transport)

Social Achievements

• Countering the poverty trap of "over-indebtedness" with a prudent concept of budgetary accounting
• Equality of all people in lending; credit decisions are made regardless of the borrower’s gender
• Support for social, cultural and sporting events through regional sponsoring (e.g., Tirol radelt, Netzwerk Tirol hilft, Obertöne Stams)

Governance Achievements

• Strong internal governance embedded in all functions and organizational units
• Membership in the Tyrolean Climate Alliance since May 2022
• Commitment to all 17 Sustainable Development Goals (SDGs) of the UN Action Plan

Climate Goals & Targets

Environmental Challenges

• Multiple ongoing crises (geopolitical situation, inflation, rising energy and food prices) and the related uncertainties with regard to the further macroeconomic development

Mitigation Strategies

• Tight and sustainable management
• Comfortable capital resources leading to excellent standing on the international capital market
• Sustainable risk policy in combination with a good sector mix in SME financing

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ICMA Green Bond Principles (GBP), 2021, EU Green Bond Standard (EU GBS), UN Sustainable Development Goals (SDGs), EU Taxonomy for sustainable economic activities

Third-party Assurance: Intends to appoint one or more external auditors for pre-issuance and post-issuance verification

UN Sustainable Development Goals

• 7
• 13

The Green Bond contributes to the fulfillment of Hypo Tirol's focus SDGs, particularly those related to climate action and affordable and clean energy.

Sustainable Products & Innovation

• green WohnVision loan

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental
• Social
• Governance
• Human Rights
• Anti-corruption

Environmental Achievements

• Reduced Scope 1 GHG emissions from 10,437.04 tons in 2022 to 8,330.12 tons in 2023

Social Achievements

• Not disclosed

Governance Achievements

• Adherence to ESG Investment Policy including MSCI ESG rating and FNG exclusion criteria

Climate Goals & Targets

Environmental Challenges

• Negative externalities from investment decisions related to environmental and social issues, including human rights and anti-corruption

Mitigation Strategies

• ESG Investment Policy incorporating FNG exclusion criteria and MSCI ESG rating; monitoring of PAI indicators; desinvestment in case of guideline violations

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• FNG exclusion criteria

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SFDR RTS, MSCI ESG Rating, FNG

Certifications: Deutsches FNG-Siegel, Eurosif Transparenz-Siegel

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Deutsches FNG-Siegel
• Eurosif Transparenz-Siegel

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Protection
• Social Responsibility
• Governance

Environmental Achievements

• Initiatives to increase energy efficiency, decarbonization, reduction of greenhouse gas emissions, adjustments in e-mobility, efficient real estate management, and responsible use of resources like paper and energy.

Social Achievements

• Not disclosed

Governance Achievements

• Defined criteria for sustainable products and processes to assess financial products for sustainability. Regular review of sustainable products in Hypo Tirol Bank's own investments and asset management.

Climate Goals & Targets

Environmental Challenges

• Negative impacts from environmental, social, or governance (ESG) factors that could potentially negatively affect the value of investments.

Mitigation Strategies

• Defined criteria that sustainable products must meet and processes to assess financial products for sustainability. Regular review of sustainable products in Hypo Tirol Bank's own investments and asset management. Use of MSCI ESG ratings for assessment.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SFDR (Regulation (EU) 2019/2088), EU Taxonomy Regulation

Certifications: FNG Siegel (for some funds)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed