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With a bank, most people think about investing money and applying for loans. But a bank also works with the invested money. Through every decision and every cent of it, banks create a leverage effect that has a far greater impact on our environment than decisions made by other companies. Bank Austria is aware of this responsibility. We are therefore increasingly working on investments in renewable energy and sustainable projects for the benefit of our environment. You can actively support us in this by choosing sustainable investment and credit products. Because: Your money can save the environment.
Did you know that ...
- Bank Austria was named again Best Bank for ESG at the Euromoney Excellence 2024
- Bank Austria has reduced its CO2 emissions by more than 80% since 2008?
- Bank Austria operates one of the largest private geothermal energy systems Europe?
- Bank Austria offers a home to 20 bee colonies on the roof of its headquarters in Vienna and to 1 bee colony at the UniCredit Center on Kaiserwasser?
- UniCredit is one of the most sustainable companies in the world according to the Corporate Knigths Ranking 2022?
- all buildings and branches of Bank Austria are 100% barrier-free?
- Bank Austria has entered into a cooperation with WWF to work on consistently anchoring sustainability goals in the lending portfolio.
For every euro in a GoGreen-account, GoGreen-youth account, GoGreen-student account or GoGreen-Business account we put one euro into funding sustainable projects.
The total volume comprises financing in the following categories:
As of 31.08.2024
96,26 % Sustainable home financing |
0,22 % Hydropower |
3,50 % Wind power |
0,02% E-card |
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Choose a greener future
By opening a GoGreen-account, GoGreen-youth account, GoGreen-student account or GoGreen-Business account, you contribute to ensuring a greener future. The following table shows what types of projects are financed with your GoGreen-account deposits and what types are not.
- Energy-efficient buildings
for both private and business purposes
Online credit for sustainable purchases - Wind, solar, and hydropower
- Sustainable water management
such as water supply and flood protection projects - Environmentally friendly transport
such as electric vehicles and low-emission vehicles, passenger trains, freight trains without diesel or fossil fuel drives
- Nuclear power
- Defence
- Genetic engineering
- Coal, petroleum, or natural gas production
- Coal or petroleum refineries
- Power generation using coal or petroleum
- Fossil fuel-powered technologies
- Efficiency improvements in the field of fossil fuels
- Carbon capture and storage (CCS)
- Non-sustainable timber use
- Large dams
Sustainability is an essential element of our daily activities. You can find additional information here:
1 | The Austrian Ecolabel was awarded to the "GoGreen-Konto", the "MegaCard GoGreen-Jugendkonto", the "GoGreen-Studentenkonto" and the "GoGreen-Businesskonto" by the Federal Ministry for Climate Action, Environment, Energy, Mobility, Infrastructure and Technology (BMK) because environmental and social criteria are considered in addition to economic criteria in the projects that are financed with these current account deposits. The Ecolabel guarantees that these criteria and their implementation are appropriate for selecting suitable projects. This was reviewed by an independent body. The awarding of the Ecolabel is not an economic assessment and has no relevance for the future performance of the financial product. |