Climate Change Data

BAWAG Group AG

Climate Impact & Sustainability Data (2009, 2013, 2020)

Reporting Period: 2009

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Basel II

Reporting Period: 2013

Environmental Metrics

Governance Achievements

  • Implemented a group-wide Fit and Proper Policy on May 21, 2013, for selecting members of the management body, based on the Banking Act, EBA guidelines on assessing the suitability of members of the management body and key function holders (EBA/GL/2012/06), and EBA guidelines on internal governance (GL 44).

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Basel II

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:97% (year-end 2020)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • 97% of total electricity consumption derived from renewable energy sources by year-end 2020. Target of 100% mid-term.
  • Green loan origination increased from €0.3b in 2018 to €0.8b in 2020
  • 0% sector exposure in the lending book to the Defense industry, Nuclear energy, Tobacco, & Fossil fuels

Social Achievements

  • Launched responsible marketing and sales policy
  • COVID-19 support for SMEs and retail customers via bridging loans, guarantees and deferrals
  • Monitoring of customer satisfaction through touchpoint surveys in 2020 with approximately 91% of customers being “very satisfied” or “satisfied” with the quality of advice
  • Women target quota introduced in Q1 ‘21: 33% in Supervisory Board and 33% in senior leadership team (including Managing Board) until 2027

Governance Achievements

  • Establishment of a Non-Financial Risk & ESG Committee
  • Inclusion of ESG criteria in the product implementation process made mandatory
  • Establishment of an ESG committee at Supervisory Board level (planned for Q3 2021)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce own Scope 1 and Scope 2 CO2 emissions
  • Switch to 100% green electricity
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

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: UN Global Compact

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 1, 7, 8, 13, 16
  • 7, 9, 11, 12, 13, 15

BAWAG’s Sustainability Program 2020 aligns with several UN SDGs. The Green Finance Framework will also support SDGs 7, 9, 11, 12, 13 & 15.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • 1st place in green electricity, Ecolabelled electricity and gas in 2019 & 2020 (VKI)
  • Best Banking Group Governance in 2019 & 2020 (cfi.co)
  • ‘Recommended’ Award won 9 years in a row by easybank May 2019 (FMVÖ)
  • Joint winner in consumer transparency test September 2019 (ÖGVS, Gesellschaft für Verbraucherstudien GmbH)
  • Ranked 54th Globally (Forbes 2019 Global World’s Best employers 2000)