RAIFFEISEN BK INTL.
RAW.XETRA | Other monetary intermediation
Raiffeisen Bank International AG (RBI) is an Austrian banking group and financial service provider operating in Central and Eastern Europe (CEE). The company's primary business involves providing a range of banking and financial services to corporate and retail customers. These services include lend...Show More
Better Health for All
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The company, a financial services provider, offers products and services that generally have no significant direct positive or negative health impact. While financing for healthcare is mentioned, specific details regarding its health impact are not provided. The company's operations do not generate significant direct health externalities. Environmental impacts, such as avoided CO2 emissions from green buildings and renewable energy, are noted but fall outside the scope of 'Better Health for All' as defined. Annual CO2 savings from renewable energy (biomass) are 10,052 tCO2.
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No evidence is provided for direct health-related products, services, or initiatives that would impact other health-specific KPIs.
Fair Money & Economic Opportunity
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Raiffeisen Bank International AG faced regulatory and legal challenges related to its lending practices. The Austrian Financial Market Authority (FMA) imposed a fine of EUR 2,070,000 on the bank in June 2024 for breaches of the Financial Markets Anti-Money Laundering Act (FM-GwG), specifically for failing to demonstrate adequate anti-money laundering/counter-terrorist financing (AML/CFT) checks in two correspondent banking relationships
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. Additionally, a Hungarian court rejected a lawsuit by Raiffeisen Bank challenging a law mandating loan refunds to clients, citing a lack of transparency and non-compliance with contract conditions in the bank's lending practices
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.
Fair Pay & Worker Respect
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The unadjusted gender pay gap at the Group level is 27%.
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No specific data is available for living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate (TRIR), worker engagement score, employee turnover rate, insecure contract share, health insurance coverage, or the count of substantiated labor law violations over a three-year period for the entire company. Data provided for some of these metrics pertains only to a subsidiary, Raiffeisen Bank S.A., and is not explicitly stated as company-wide.
Fair Trade & Ethical Sourcing
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Raiffeisen Bank International Group (RBI) has a Supplier Code of Conduct that applies to all suppliers delivering goods, services, or licenses.
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This Code of Conduct includes provisions on human rights, social responsibility, and environmental responsibility.
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RBI reserves the right to audit suppliers and subcontractors for compliance, with procedures for addressing non-compliance including dialogue and potential contract termination.
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Honest & Fair Business
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Raiffeisen Bank International was fined €2.07 million (approximately $2.22 million USD) by Austrian regulators on June 28, 2024, for money laundering lapses.
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These lapses included breaches of anti-money laundering regulations and a failure to demonstrate adequate checks for the prevention of money laundering and terrorist financing.
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These regulatory findings indicate issues with the enforcement or adequacy of the company's anti-corruption and anti-bribery policies, specifically pointing to insufficient due diligence for high-risk transactions.
Kind to Animals
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Raiffeisen Bank International AG (RBI) is a banking and financial services provider. Its core business model does not involve activities such as manufacturing products requiring cruelty-free certification, conducting animal testing, operating animal husbandry facilities, sourcing animal-derived ingredients, or engaging in animal agriculture. Therefore, several KPIs are not applicable to RBI's direct operations. While RBI has hosted a Biodiversity Day
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and a subsidiary has signed the Finance for Biodiversity Pledge
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, there is no specific evidence of measurable wildlife conservation impact, animal-related supplier audits, or engagement in animal welfare policy improvement.
No War, No Weapons
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Raiffeisen Capital, a Russian subsidiary, invested 31.7 billion roubles ($322 million) in sanctioned Russian entities (Sberbank, Gazprom) in January 2025
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and 16.6 billion roubles ($168 million) in Russian state-issued bonds in October 2024, including 2.7 billion roubles ($27 million) in bonds issued after the EU sanctions cutoff date of March 9, 2022.
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The bank also processed transactions for Unichim, which supplied sanctioned entities with materials for military systems like glide bombs and missile components.
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Despite a policy to avoid controversial weapons, these activities indicate ongoing links to weapons-related activities. Raiffeisen's Russian unit received 62 million rubles ($620,000) in fees for services from Unichim in 2024,
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which is less than 0.001% of the company's €1,358 million consolidated profit after tax for 2024.
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While Raiffeisen has reduced its Russian loan business by nearly 70% since the war began
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and sold its Belarusian unit,
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it has not made a firm decision to exit Russia, and its subsidiary continues these investments. The Supervisory Board and Management Board regularly discuss compliance risks, including financial sanctions,
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and the company has a "Policy on Defense Sector."
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RBI is a signatory to the UN Global Compact
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and expresses commitment to its principles, but its actions in light of the war in Ukraine have been questioned. RBI's policy explicitly bans involvement with entities producing controversial weapons, including nuclear, biological, chemical, anti-personnel mines, and cluster munitions.
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Planet-Friendly Business
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Raiffeisen Bank International (RBI) set science-based targets in 2022, initially aligned with a 2°C climate target.
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These targets for its own operations were recalculated in 2024 using the SBTi methodology, now aligning with a 1.5°C pathway.
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The company has a mid-term target to achieve a 42% reduction in absolute Scope 1 and 2 GHG emissions from its own operations by 2030.
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The transition plan, including calculation pathway and targets, was acknowledged by the RBI Management Board.
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RBI's environmental management system in Austria is based on ISO 14001.
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Respect for Cultures & Communities
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No specific, quantifiable data relevant to the 'Respect for Cultures & Communities' KPIs was found in the provided articles. The articles primarily focus on general diversity and inclusion initiatives within the company
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, without detailing metrics such as formal partnerships with indigenous or local community groups, revenue reinvested in local development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, or cultural preservation investments.
Safe & Smart Tech
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The company conducts comprehensive security testing, including regular internal and external vulnerability scans, penetration tests, red teaming, code reviews, and breach and attack simulation (BAS).
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Security tests are mandatory in quality assurance for software development.
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Regular security awareness training is provided for all employees, which includes phishing exercises and clean desk checks.
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All devices are encrypted, and data in transit is encrypted.
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Multi-factor authentication (MFA) is required for secure online banking transactions, and the company pursues a Zero Trust strategy for assigning privileges and access permissions.
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The company is certified to ISO 27001, with the 2022 version demonstrating a commitment to information security management systems.
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Zero Waste & Sustainable Products
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No company-specific, quantifiable evidence was found in the provided articles to assess RAW.XETRA against the 'Zero Waste & Sustainable Products' ethical value. Information regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education for the entire company was not available. Some articles discussed national regulations or initiatives by external entities (e.g., ARA AG, Austrian regulations), or specific actions by a subsidiary (e.g., Raiffeisen Bank in Bosnia and Herzegovina's recycling machine or recycled cards)
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without indicating company-wide scope, which cannot be attributed to RAW.XETRA as a whole.