The management of Raiffeisen KAG presented the market data for the past year at a press conference on February 23, 2021. At the end of December 2020 assets under management stood at EUR 40.1 billion and thus exceeded the EUR 40 billion mark for the first time since the financial crisis.
According to the company this achievement is partially the result of putting their focus on the right priorities in recent years: sustainability, megatrends and fund savings. Sustainability is especially important for young investors.
Key figures published by Raiffeisen about sustainable investing are as follows:
- Sustainably managed assets have grown to EUR 9.4 billion (+ 42.4%)
- According to a survey commissioned by Raiffeisen KAG and carried out in January 2021 by the market research institute Spectra among 2,212 Austrians between the ages of 18 and 69 showed that 13% are already investing sustainably and 22 percent of Austrians would like to invest more sustainably in the future.
- The interest in ESG products is also very strong in CEE. Raiffeisen KAG was able to increase the sustainable investment volume there by EUR 143 million last year alone Increase EUR 235 million (+155%).
At the same time as integrating the ESG criteria into all investment processes, Raiffeisen KAG is working on offsetting its own emissions too. The company calculated and compensated its own CO2 footprint (for 2018) for the first time in 2019 in a joint project with the University of Natural Resources and Life Sciences (BOKU). A project that continued in 2020 and that will continue to be pursued.
Source and more information: raiffeisen.at
Cover picture: raiffeisen.at